---
title: A Ferrari Once Owned By President Trump Just Underperformed at an Auction
description: Donald Trump's former Ferrari received some low bids at an auction over the weekend
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published: '2017-04-02T15:10:38.000Z'
modified: '2024-04-17T05:34:22.000Z'
section: Lifestyle
tags:
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![US-AUCTION-PEOPLE-TRUMP-FERRARI](https://img.money.com/2017/04/trump-ferrari.jpg)
*A Ferrari F430 owned by Donald Trump in 2007 is exhibited by Auctions America in Fort Lauderdale, Fla., on March 31, 2017.*

[President Donald Trump](https://time.com/4721721/donald-trump-mike-karen-pence-wife-marriage/)’s 2007 [Ferrari](http://www.thedrive.com/sheetmetal/8814/this-ferrari-f355-berlinetta-converted-to-a-gated-manual-could-be-yours) F430 F1 Coupe fell short of its low estimate at an auction in [Florida](https://time.com/4717607/esthela-clark-mexican-immigrant-captive-sperm/) on Saturday when it left the sale block.

The car was estimated to sell for anywhere between $250,000 to $350,000, according to *Bloomberg*. Bidding stopped at $240,000 — $10,000 short of the lowest estimate, [*Bloomberg* reported](https://www.bloomberg.com/news/articles/2017-04-02/donald-trump-s-ferrari-disappoints-at-florida-auction).

The auction said the car “exchanged hands just minutes after it left the podium,” with a final sale of $270,000, according to *Bloomberg*. The company did not give details on who purchased the vehicle, *Bloomberg* reported.

Trump purchased the car in 2007. He owned it for four years.

“To see a former or current President’s personal vehicle offered for sale is extremely rare,” the [auction’s website said](http://auctionsamerica.com/events/feature-lots.cfm?Order=runorder&feature=&collection=&grouping=&category=&SaleCode=FL17&ID=r0068). “It’s highly likely Donald Trump is the only United States President to ever own a Supercar.”

The car’s performance at the auction can be attributed to Trump as a “polarizing” figure and by the fact that Trump no longer owns the car, *Bloomberg* reported.

\[[*Bloomberg*](https://www.bloomberg.com/news/articles/2017-04-02/donald-trump-s-ferrari-disappoints-at-florida-auction)\]

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