US$1m bid for Iran leader's old Peugeot
Source: Agencies |
January 3, 2011, Monday
|
Print Edition
Print Edition
The Iranian president's 33-year-old car has received a US$1 million bid from abroad in a charity auction to raise money for a low-income housing project, reported a local newspaper yesterday.
The 1977 white Peugeot sedan was put on auction to help fund a housing project for disabled and young people, in a move by the president to highlight and help fulfill a campaign promise to put a roof over the head of every poor Iranian.
The Iran Daily newspaper said various bids from abroad have been received at the multilingual website set up on Saturday for the auction, including a US$1 million offer.
However, the newspaper did not elaborate on the identity of any of the bidders.
Top bidders will be invited to an auction which will be held in the southwestern city of Abadan in mid-February.
Bids can be made until the end of January. Foreign bidders pay 50 euros (US$67) to register, while locals are charged US$50.
The president had made a point of being seen in the humble white Peugeot 504 sedan when he was Tehran mayor, before becoming president in 2005.
He has rarely used the car in the past years, however, probably because of security measures.
The car would be worth something in the region of US$2,000 on the local market.
Lack of housing has always been a major concern in Iran, where a quarter of the 75 million population live in rented apartments and nearly a third of a family's income goes to pay the rent.
The website address is www.ahmadinejad-car.com.
The 1977 white Peugeot sedan was put on auction to help fund a housing project for disabled and young people, in a move by the president to highlight and help fulfill a campaign promise to put a roof over the head of every poor Iranian.
The Iran Daily newspaper said various bids from abroad have been received at the multilingual website set up on Saturday for the auction, including a US$1 million offer.
However, the newspaper did not elaborate on the identity of any of the bidders.
Top bidders will be invited to an auction which will be held in the southwestern city of Abadan in mid-February.
Bids can be made until the end of January. Foreign bidders pay 50 euros (US$67) to register, while locals are charged US$50.
The president had made a point of being seen in the humble white Peugeot 504 sedan when he was Tehran mayor, before becoming president in 2005.
He has rarely used the car in the past years, however, probably because of security measures.
The car would be worth something in the region of US$2,000 on the local market.
Lack of housing has always been a major concern in Iran, where a quarter of the 75 million population live in rented apartments and nearly a third of a family's income goes to pay the rent.
The website address is www.ahmadinejad-car.com.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
