GM Futurliner Sale
If you have never seen or heard of the 1950 GM Futurliner, it is definitely something worth the time to look up. The General Motors bus not only commands second and third looks by everyone who sees one, but also a very high price tag – $4.1 million to be exact.
General Motors created the Parade of Progress in 1936 as a campaign to help exhibit GM’s vision of the future. The traveling exhibition was meant to get the American public excited about what the future meant for the automotive business. GM outdid itself in 1939 by introducing the Futurliner bus at the New York World’s Fair, which was used as the packhorse for the entire traveling show.
The side of the bus features a 16-foot side panel that can be opened completely to reveal a retractable stage with its own PA system and lights. Only 12 Futurliners were built, all under the watchful eye of Harley Earl, the GM design boss of the day. Only nine are still in existence, with only three reported to run.
While the original Futurliner included a four-cylinder diesel engine, (the one that sold for $4.1 million at the Barrett-Jackson Scottsdale Car Auction) it was restored with a new 400ci GM truck engine. The owner of the Futurliner was only hoping to pocket around $600,000 for the bus when it went up for auction, and was pleasantly surprised to find he had more than $3 million extra to enjoy.
Ron Pratte, who re-restored the bus to use it as a showpiece, bought it in 2006. All the proceeds that Pratte received from showing the bus helped to benefit the Armed Forces Foundation.
For all of your auto insurance coverage needs, whether you own a classic collector vehicle like the Futurliner, or something more modest and from this decade, contact Insurance and Mortgage Services in Batavia, Illinois.
(Information Sources – https://autos.yahoo.com/news/gm-futurliner-bus-auctions-millions-193055727.html