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First 2020 Toyota Supra sells for $2.1 million

First 2020 Toyota Supra sells for $2.1 million

The money goes to a charity for veterans

The first fifth-generation Toyota Supra to roll off the assembly line has been auctioned off for $2.1 million.

The bidding took place at the Barrett-Jackson auctions in Scottsdale, Arizona this weekend. The just-revealed 2020 Supra was scheduled to be one of the stars of the event, but nobody expected this high of a bid.

This particular Supra wears a few items unique to its status as first-in-production. For one, its matte gray paint job is paired with a red interior, red mirrors, and matte black wheels. Furthermore, Toyota CEO Akio Toyoda autographed the engine cover. The price also included a "VIP track experience," a custom racing suit, and two tickets to the Toyota Owners 400 at Richmond Raceway with a chance to drive the pace car and do hot laps with Michael Waltrip.

The money goes to two charities (as well as a hefty tax deduction for the auction house), the American Heart Association and the Bob Woodruff Foundation. The latter helps injured veterans and their families.

The amount might seem crazy, but it's not uncommon at such auctions. In 2016, the first 2017 NSX was sold for $1.2 million. At the same auction this year, the first 2020 Shelby Mustang GT500, also revealed at the Detroit Auto Show, sold for $1.1 million. Neither reflects real world values, but it sure does make the recently auctioned 1994 Toyota Supra for $121,000 seem like a bargain.