Sunday, December 9, 2007

1995 “Batman Forever” Batmobile Sold For $297,000

The Batmobile that stared alongside Van Kilmer (Batman) in the 1995 movie “Batman Forever” is one of our least favourite cinematic cars, and it’s not difficult to SEE why. Apparently, we aren’t the only ones who feel that way as the Batman Forever iteration of the Batmobile was sold at RM Auctions for a mere $297,000 (€202,500) which was less than half its estimated price ($600,000 to $800,000). -Continued after the jump

The 1995 Batmobile sold at RM Auctions is a promotional vehicle, never used in filming. Instead, Warner Bros embarked it on various promotional tours around the world before its eventual acquisition by Mr. Wiseman in 1999. The running and driving example was constructed in Australia with a fiberglass body and a custom tubular chassis. Its mold cost a reported $2,500,000 and an additional $300,000 was invested to complete the vehicle.

Interestingly, the buyer signed a Warner Bros. and DC Comics purchase agreement that includes the following restrictions:

1.The Batmobile may only be exhibited at purchaser’s permanent location and at auto shows conducted at parks, schools and other similar public places but not at shopping malls, markets, department stores or commercial locations.

2. The Batmobile may only be exhibited in a stationary state and must be mechanically unable to be driven while on display to the general public and must comply with applicable fire codes.

3.The Batmobile may be driven solely when necessary for maintenance purposes and may never be driven while in public view.

4.No modifications, alternations or cosmetic changes of any kind can be made to the Batmobile nor can the Batmobile be reproduced in any way.

5. The Batmobile shall not be licensed, leased or otherwise made available to any third party for any reason.

6. The Batmobile may not be used, referred to, photographed or depicted in any advertisement, endorsement or promotion of any commercial establishment, product or service of any kind.

7. The Batmobile may not be sold, transferred, leased or disposed of without prior written approval from Warner Bros. Consumer Products.

Via: RM Auctions

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