Seller Got $3.5 Million More Than He Expected for a 1950 GM Futurliner Bus

Seller Got $3.5 Million More Than He Expected for a 1950 GM Futurliner Bus

Seller was hoping for $600,000 but got $4.1 million instated for 1950 GM Futurliner.

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There are only nine General Motors Futurliners still existing, and one was up for auction in Arizona. The last Futurliner sold at Barrett-Jackson Auction Company went for $4.1 million. Now this second one has garnered the same asking price at the classic car auction.

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The 1950 Futurliner was previously owned by Ron Pratte, a noted collector, who purchased it during a 2006 historic bidding war at Barrett-Jackson.

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Once he had the bud, Pratte restored it and put it back on the auction block this year. A phone bidder beat out Rick Hendrick, NASCAR team owner and GM car collector, with a winning bid over $4 million for the iconic vehicle.

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Pratte is a Vietnam war veteran who served in the US Army 1st Air Calvary Division in 1968. The noted collector was sure to be excited that his restored Futurliner was able to command an enormous amount. All proceeds from the sale went to the Armed Forces Foundation, which is a nonprofit organization with the aim to “protect and promote the physical, mental, and emotional wellness of military service members, veterans, and their families.”

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