You probably heard that George Barris sold his Batmobile at the Barrett-Jackson Auction in Scottsdale, Arizona. But make sure you follow the full money story.
The seller also had to pay a 10% commission ($420,000). Plus since the Batmobile is staying in the state, he pays a 8.95% sales tax ($413,490).
So George Barris also pays a commission to Craig Jackson. Since the car was sold on a reserve basis it generally requires a payment of 10% as well ($420,000). And sellers also pay a fee based on time and day the car is scheduled to be auctioned.
Add it all up and lots of money shifted around with just one car!
