Saturday, January 21, 2006

1950 GM Futurliner Sets Barrett-Jackson Record

A few minutes ago, a Barrett-Jackson record was set when a 1950 GM Futurliner "Parade of Progress" bus sold for an absolutely staggering $4,100,000.

One of the three remaining fully-restored examples (12 were built in total) this Futurliner was spectacular in every single way, looking like an art-deco streamliner locomotive. It is a dominating presence in the hall at Westworld, where the auction is taking place, with it's towering size and massive "GM" badging in front.

The most incredible part of the story? The sellers were hoping they'd get in the neighborhood of $600,000 for the bus. I can only imagine what went through their heads as an all-out bidding war broke out between a 2 or 3 very deep-pocketed prospective buyers. Watching it live on television, I have to say that it was downright exciting, with the thousands of people in attendance cheering each successive bid as if they were watching a football game.

Not a bad weekend for them, eh?

Updated Barrett-Jackson auction results can be found here.

Photo by Barrett-Jackson