Warren Buffett’s car gets no early auction bids
Published September 15th, 2006
US Auction Info
The charity auction for the billionaire investor and philanthropist’s 2001 Lincoln Town Car on eBay Inc.’s Web site opened Tuesday at 6 p.m. EDTwith a starting bid of $25,000. By 1 p.m. Wednesday, no bids had been placed.
Buffett is auctioning the car to benefit Girls Inc., a New York-based group that offers educational and recreational programs for girls ages 6 to 18.
Daughter Susan Buffett sits on the board of the nonprofit, which works with girls largely in high-risk, underserved areas such as some inner cities.
The auction’s slow start contrasts with an eBay-hosted auction in June for a steakhouse lunch for up to eight people with Buffett, the chairman of Omaha, Nebraska-based holding company Berkshire Hathaway Inc..
