Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Business

A rare high-performance Cadillac that once belonged to President Joe Biden is up for auction

by February 16, 2024
February 16, 2024
A rare high-performance Cadillac that once belonged to President Joe Biden is up for auction

A 2018 Cadillac ATS-V Sedan once leased by President Joe Biden has gone up for auction.

The car was built as a “one-of-one specification” for Biden while he was out of office after serving as vice president under President Barack Obama. Namely, the car features tinted windows and a Kona Brown interior that is not known to exist for any other factory-built ATS-V model.

In a statement, a Cadillac spokesperson confirmed Biden’s connection to the car, noting the original wheels had also been replaced. The car’s documentation shows they are 18-inch CT4-V Blackwing wheels finished in Tech Bronze.

“He clearly has great taste in cars,” the spokesperson said.

Biden has long played up his love of automobiles. He is perhaps most associated with a Goodwood Green 1967 Corvette Stingray that he received in his mid-20s as a wedding gift from his father, a longtime Chevy dealer. The four-speed, manual-transmission ‘Vette features a 327-cubic-inch L79 V8 engine rated at 350 horsepower.

Biden showed off the vehicle in an episode of “Jay Leno’s Garage” on CNBC.

Emails supporting the 2018 ATS-V’s documentation show Biden’s Secret Service detail requested that the car’s exterior come in black. Biden insisted on nothing else “extraordinary” about the car besides the Kona Brown leather interior. It’s not clear when the custom wheels were added.

The emails from 2017 also show Biden was considering reaching out directly to GM CEO Mary Barra or Johan de Nysschen, a onetime Cadillac executive, about the car.

Biden test-drove a CTS — a larger but more fuel-efficient version of the car — “for a few hours” before deciding on the ATS-V due to its smaller size, the emails from 2017 show.

The ATS-V up for auction has about 16,000 miles and had a high bid of nearly $30,000 among 13 bids as of Thursday afternoon, with six days of bidding remaining. Kelley Blue Book estimates an average 2018 ATS-V could fetch as much as $53,000 on the resale market.

The auction, though unrelated to Biden in the present day, is happening as the White House pushes for new standards to reduce greenhouse gas emissions. The new rules also call on manufacturers to build and sell more electric vehicles, with the goal of having at least 50% of all new vehicle sales be electric by 2030.

This post appeared first on NBC NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
How To Buy Meta at a Bargain: An Options Strategy You Need to Know
next post
Putin claims he prefers ‘more predictable’ Biden over Trump

Related Posts

Payments app Zelle begins refunds for customers hurt...

November 15, 2023

Six months after ‘zero Covid,’ U.S. firms in...

June 12, 2023

Polls say older voters want Social Security protections....

June 24, 2024

Payrolls soared by 336,000 in September, defying expectations...

October 10, 2023

As Lionel Messi descends, Miami economy faces another...

July 26, 2023

Boeing’s latest 737 Max failure narrowly avoided tragedy...

January 10, 2024

‘It is time to break up Live Nation’:...

May 24, 2024

FTX lawyers accuse Sam Bankman-Fried of financing his...

July 21, 2023

More states are considering requiring full minimum wages...

January 7, 2024

Disney wins the 2024 box office as year-end...

January 16, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

    • Week Ahead: NIFTY Stays In A Defined Range; Moving Past This Level Crucial For Resumption Of Upmove

    • Editor’s Picks: Gold Faces Bumpy Week on Trade Tensions, Platinum Stages Breakout

    • Run Your Stock Portfolio Like a Pro Sports Team

    • Leadership Rotation Could Confirm Corrective Phase

    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

    Categories

    • Business (1,223)
    • Investing (2,504)
    • Politics (3,699)
    • Stocks (1,616)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 moneycontrolplace.com | All Rights Reserved