InvestingCongress
  • Investing
  • Business
  • Stock
  • Politics
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 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
previous post
BUY Signals Continue to Diminish
next post
Remember the ‘Biden bribe’ allegation? DOJ now says it was made up.

You may also like

Trump’s tariffs on Brazil could make your coffee...

July 11, 2025

Italian chocolate giant Ferrero to buy Kellogg’s Froot...

July 10, 2025

White House accuses Powell of mismanaging Federal Reserve,...

July 10, 2025

Sports executive charged with bid-rigging in Texas arena...

July 10, 2025

OpenAI to release web browser in challenge to...

July 10, 2025

Amazon extends Prime Day discounts to 4 days...

July 9, 2025

Boeing delivers most airplanes since late 2023 after...

July 9, 2025

Waymo offers teen accounts for driverless rides

July 8, 2025

Is a Chinese chain’s blood orange cold brew...

July 7, 2025

Essence Fest leads a summer of events for...

July 4, 2025
Join The Exclusive Subscription Today And Get Premium Articles For Free

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent Posts

    • NorthStar Gaming Announces Grant of Equity Incentive Awards to Non-Executive Directors in Lieu of Cash Compensation

      July 12, 2025
    • Here’s What’s Fueling the Moves in Bitcoin, Gaming, and Metals

      July 12, 2025
    • Top 5 Canadian Mining Stocks This Week: Avanti Gold Gains 158 Percent on Misisi Settlement

      July 12, 2025
    • JZR Gold Inc. Announces Private Placement Offering of Units to Raise Up To $1,500,000

      July 12, 2025
    • 3 Stocks Seasoned Investors Should Watch

      July 12, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 investingcongress.com | All Rights Reserved

    InvestingCongress
    • Investing
    • Business
    • Stock
    • Politics