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USA: World's smallest car, the Peel P50, fetches $160,000 at auction01:32

USA: World's smallest car, the Peel P50, fetches $160,000 at auction

United States, Amelia Island
March 13, 2016 at 00:12 GMT +00:00 · Published

The world's smallest car, the Peel P50, was sold for $160,000 (€143,000) at the Sotheby's auction on Amelia Island on Saturday. The car had a guide estimate of between $75,000 and $100,000 (€67,000 and €90,000).

The Peel P50 is a three-wheeled micro car with one door, one headlight, and a single windscreen wiper. The car was in production between 1962 to 1965 and was listed in the 2010 Guinness Book of Records as the smallest car ever manufactured.

The annual auction event was held in the Ritz Carlton resort, attracted some 1,000 bidders and featured almost 100 cars in total. The most expensive car sold this year was the 1962 Ferrari 400 Superamerica LWB Coupe Aerodynamic which went for €3.5 million ($4 million).

USA: World's smallest car, the Peel P50, fetches $160,000 at auction01:32
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Description

The world's smallest car, the Peel P50, was sold for $160,000 (€143,000) at the Sotheby's auction on Amelia Island on Saturday. The car had a guide estimate of between $75,000 and $100,000 (€67,000 and €90,000).

The Peel P50 is a three-wheeled micro car with one door, one headlight, and a single windscreen wiper. The car was in production between 1962 to 1965 and was listed in the 2010 Guinness Book of Records as the smallest car ever manufactured.

The annual auction event was held in the Ritz Carlton resort, attracted some 1,000 bidders and featured almost 100 cars in total. The most expensive car sold this year was the 1962 Ferrari 400 Superamerica LWB Coupe Aerodynamic which went for €3.5 million ($4 million).

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