
President-elect Obama's new ride, the Cadillac Presidential Limousine was officially revealed just around the same time another Obama car his 2005 Chrysler 300C Hemi went back up on eBay. Obama leased the car in 2004 and traded it for a Ford Escape Hybrid in 2007. The car was bought by Tim O'Boyle who first tried to sell it on eBay in December. He took it off the site after his accountant told him it was wiser to own the car a year for tax purposes. Now it's back on eBay with a starting bid of $100,000 and a buy-it-now price of $1,000,000. The Kelley's Blue Book value for the car is $15,750. O'Boyle says he received a private offer of $150,000 the last time the car was up for auction and that he has a number in his head of what he wants. The 2005 330C has less than 21,000 miles on it and O'Boyle says it is in like-new condition.
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