Justin Bieber Auctions Off His Custom Ferrari For A Whopping $434,000

Justin Bieber Auctions Off His Ferrari It appears that Justin Bieber is now tired of one of his many beast rides, a 2011 Ferrari 458 Italia, as he showed up at the famous Barrett Jackson auto auction in Scottsdale to unload the custom motor on Saturday.The 22-year-old pop sensation took the stage at the event with his first number one hit, What Do You Mean, playing in the background, according to AZ Central.Justin showed up in a denim jacket embroidered with colorful flora and fauna, the Sorry singer looked right at home discussing the vehicle with possible customers.Justin, who is again sporting a floppy fringe reminiscent of his teenage years, then took the stage as the bidding was set to start.The iridescent blue vehicle, which was worked on by the famous West Coast Customs car shop, was wheeled on the stage and the auction began.

Bieber even got involved with the selling process.Barrett-Jackson CEO Craig Jackson told the crowd ‘he taught the paparazzi a lesson,’ to which Justin replied ‘Sure did.’He was of course referring to the 2014 incident which saw the pop sensation get rear ended while trying to escape a gaggle of paparazzi.According to the news source, bidding lasted around three and a half minutes, during which Justin repeatedly sweetened the deal by first throwing in concert tickets, and then also offering up backstage passes.The auto finally ended up selling for an eye-watering $434,500, which was significantly more than the $250-$300,000 MSRP for a stock example.The auction came after Justin revealed he is no fan of The Weeknd, who is currently dating his ex Selena Gomez.

In Nigerian currency, $434,000 equals to N137,795,000 . I rest my case.