The Vespa scooter was designed as an affordable way to get Italians back on the road after WWII, but it doesn’t come cheap.

The oldest existing Vespa is auctioned online at Catawiki.fr and at the time of this writing, it was closing at $ 175,000 with the auction scheduled to close on March 28.

The fully documented “Serie 0” was in fact the third Vespa built, the first two having been lost in history. It has been fully restored, with paint carefully stripped to highlight its early construction methods, which include a hand-welded and hammered steel monocoque. About 60 of these pre-production models were made before a formal assembly line was established.

The single-seater’s 98cc engine is still running and its three-speed transmission works great. If it wasn’t worth that much, you could take it home. It even has the original license plate preserved in clear varnish.

FIRST FORD MUSTANG CUP AT AUCTION

The auction house estimates that the auction could reach nearly $ 350,000 by the end of the auction. That would drop the most expensive scooter sold to date in the UK: a replica of the Lambretta from the movie “Quadrophenia”, signed by Roger Daltry and Pete Townshend of The Who and auctioned for charity in 2013.

The scooter used during the shoot sold for around $ 58,000 in 2008 and has not been on sale since.

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