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In the first public auction of its kind, the U.S. Army sold 25 military Humvees on Wednesday, raking in nearly $750,000 for Uncle Sam.
It's the first time the government has sold the vehicles to private citizens, after regulations requiring they be sent to the scrap heap recently changed.
Each of the 25 Humvees had a starting bid of $10,000, but buyers ended up paying anywhere from $21,500 to $41,000, the Tech Times reported. The government will receive just over 75 percent of that revenue.
The Defense Department is in possession of about 4,000 used Humvees, some of which will go to local law enforcement agencies and the remainder of which may be sold at public auction
Used between 1987 and 1995, the vehicles are only being sold for off-road use, as they do not meet federal safety and emissions regulations. However, with a bit of work, it's possible to make them street legal in some states.
The manufacturer, AM General, said the Humvees were designed for military missions and not designed to meet civilian safety standards, the Tech Times reported. The company said it "opposes any use of these military vehicles by individuals or entities outside the military context for which the vehicles are designed."
(H/T: Fox News)
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