A 1997 Bentley Continental R — a car that when new sold for $250,000 — was destroyed in the Cash for Clunkers program, according to data gathered by the federal government and discovered by the Detroit Free Press. Keep in mind that the Bentley’s owner only got a $4,500 credit at best.
This trade-in, obviously, makes absolutely no sense. According to the program’s rules, the vehicle had to be drivable, which means the Bentley was probably worth a lot more than $4,500. As Howard Krimko, a former chairman of a luxury car club, told the blog Wheels, “The seats for the car would be worth more than that.”
What’s even more mystifying is that dealers had the option of buying the car outright. Why wouldn’t they just take the car? The report listed no details on the condition of the car or where it was turned in, so curious parties will be maddened until someone steps forward and identifies the party responsible. Could this trade-in be illegitimate or even made up?
A few other vehicles of note that owners scrapped through the program include a 1997 Aston Martin DB7 Volante (that sold for $135,000 when new) and a 1987 Buick GNX (one of 547 ever built).
Exotic Clunkers Also Got the Crunch Under Program (Detroit Free Press)