mehr

Iran's Ahmadinejad Auctioning Off his 1977 Peugeot

Filed under: Luxury Cars & Autos, Auctions, Charity

Looking to get your hands on a presidential ride? Well this might seem like a stretch from the Cadillac which Barack Obama rides around in, but it is presidential nonetheless. A 1977 Peugeot 504, it belongs to Iranian President Mahmoud Ahmadinejad – or to his wife, if you want to get technical about it – but it's about to go up for auction.

The vehicle played a key role in the Persian leader's campaign for the presidency, in which he pledged to create more housing for low-income families in Iran. To that end, he's putting the car up for auction, proceeds benefiting the country's Mehr housing project. Given the notoriety of its owner, this particular example is expected to bring in more than the average '70s Peugeot.

Gallery: Peugeot 504