Why Did George W. Bush’s Truck Sell For Half The Expected Amount?

George W. Bush’s truck sells for half the expected amount. Retail on a used, low mileage 2009 Ford F-150 King Ranch 4×4 SuperCrew is around $28,000 and despite the truck actually selling for $300,000, George W. Bush’s truck was expected to be sold for at least $300,000 more. So why did George W. Bush’s truck sell for so little?

As previously reported by The Inquisitr, former President George W. Bush’s truck was sold at an auction in Scottsdale, Arizona for $300,000. The money raised from the sale will go to the Fisher House Foundation, which is a charity that benefits US military families by providing no-charge temporary housing for the families of military members being treated for injuries.

Fox News stated that the automobile auction company Barrett-Jackson sold a New Holland tractor owned by Jay Leno and signed by George W. Bush for $535,000. Based upon those prior results, they were predicted that George W. Bush’s truck would sell for much more:

“Will the Ford F-150 top that number? Our guess is yes, and by quite a large margin.”

International Digital Times asks “why did it only sell for half of what was predicted? Does no one appreciate the history behind this political memorabilia item?” As previously reported by The Inquisitr, political memorabilia can be popular even with relatively unpopular politicians since the 300-pound Romney sign was scooped up by a collector named Don McDowell. Jay Leno tried pumping the crowd up for the auction of George W. Bush’s truck, but I guess not even he could excite the crowd enough to reach the expected $600,000.

SelormCars over on Facebook has one theory for why George W. Bush’s truck did not sell for high as expected:

“Let’s start with the George Bush’s 2009 Ford F-150 pickup truck. I really am having a hard time knowing whether its the car George Bush used or one specially made in his honor. It was sold for only $300,000. This clearly shows how even the Americans don’t like him.”

Why do you think former President George W. Bush’s truck sold for only $300,000?