Thursday, May 8, 2008

Last Mitsubishi 380 auctioned for $100,000 in Australia


There's an old saying, you only want what you can't have. It holds particularly true in the context of Australia's Mitsubishi 380. The vehicle's Adelaide manufacturing facility was recently shuttered, partially due to lack of interest in the six-cylinder sedan. However, the vehicle's cancellation announcement ended up increasing demand for the final batch of 380s to roll off the assembly line. For that reason, Mitsubishi decided to auction off the final car to its suddenly sentimental Aussie dealers. The last domestically produced 380 ended up fetching $100,000 Australian dollars ($93,364) after all was said and done, which is more than three times its MSRP. John Hughes Mitsubishi, a Perth, Australia dealership, coughed up the cash for the winning bid. Mitsubishi also gave it the honor of choosing a charity to benefit from the proceeds of the sale. Knowing that the 380 in Australia is basically a Down Under-ified version of the Galant on sale in North America, is there any circumstance under which you could imagine paying that much for a Galant?

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