Car sells for $4.5 million in auction

It turns out that eccentric guy on your street who says the clunker in his garage is actually worth a ton of money might be right after a car found in a UK garage sold for more than $4 million in auction.

The 1937 Bugatti Atalante 57S coupe was found in the garage of a doctor following his death in 2007. The owner reportedly used the car for a few years in the early 1960s, but the car had not even been started up for more than 50 years.

Although the car sold for about $4.5 million last week at a car auction, experts say it will cost another $500,000 to properly restore the car to its original condition.

The car was one of only 17 made in 1937 with at least four being owned by an automobile museum in France and the rest by private owners.

“This was the creme-de-la-creme of late 1930s sports cars,” Simon Kidston, a Geneva-based classic car adviser, told Bloomberg. “Of the examples that have come on the market, this had by far the best history, prettiest body style and no one has seen it for 50 years.”

According to the London Daily Mail, the garage which contained the Bugatti also held a 1,500 beer steins and a World War II spy drone.

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