A 1997 black BMW owned by the Russian Federation is up for auction in the Novosibirsk region, with a starting price of just over 700,000 rubles. Information about the auction appeared on the RTS-tender website.

The car is located in the village of Verkh-Tula, where potential buyers can inspect it. The auction is scheduled to conclude on July 8th.

Similar BMW models from the same year are being sold on classified websites for prices ranging from 800,000 rubles to 1.5 million rubles.

This is not the first such auction in the region; in May, a Toyota Land Cruiser 120 was auctioned off with an initial price of approximately 2.2 million rubles.