Mahmoud Ahmadinejad

Iranian President Mahmoud Ahmadinejad’s 1977 Peugeot 504 has received a one million dollar bid after the car was put on an international auction Saturday

Proceeds from the sale of the Peugeot 504 will go to a fund for homes for disabled people and to needy.

Earlier, officials had said they hoped the car would fetch more than the $2,000 such cars usually sell for in Iran.

Mahmoud Ahmadinejad peugeot 504