TEHRAN – Iranian President Mahmoud Ahmadinejad’s 1977 Peugeot 504 sold for $2.5 million (1.8 million euros) in an international auction on Tuesday, the State Welfare Organisation website reported. The “company who purchased the car for 25 billion rials wanted to remain anonymous,” it said after the auction in the southwestern city of Abadan.
“My client bought the car because of a personal interest in President Ahmadinejad and his spirit of anti-arrogance and anti-Zionism,” said lawyer Mahmoud Esari, who acted for the firm that bought the car. Welfare Organisation Chairman Ahmad Esfandiari said “more than half a million bidders registered on the bidding website, with most saying they were doing so since President Ahmadinejad leads a simple life and because of his anti-arrogance and anti-Zionist stances”.