Tom Hanks' 1974 Fiat fetches a whopping $83,500 at auction

Published on Mar 15, 2022 at 1:26 PM (UTC+4)
by Alessandro Renesis

Last updated on Mar 28, 2023 at 12:43 PM (UTC+4)
Edited by Alessandro Renesis

Tom Hanks' 1974 Fiat fetches a whopping $83,500 at auction

Hollywood star Tom Hanks has just sold his very own custom built 1974 Fiat 126p at auction for $83,500 and that, whichever way you cut it, is an enormous amount of cash to spend on a Fiat.

However, there are three good reasons why somebody ended up paying this much for the car: the celebrity factor, the story behind it, or the fact that the money will be donated to charity.

But let’s start with the car.

The car…

The 126 isn’t particularly rare or unique, just about every ‘nonna’ in Italy had one at some point, and just like most Fiats from the era, it was produced in several locations in the Eastern Bloc.

This particular model is called the 126p and the P stands for Polski, because between the early 1970s and the year 2000, over 3.3 million Fiats were built in Bielsko-Biała, Poland.

The story…

Back in 2016, Tom Hanks was visiting Poland and Hungary on a promotional tour and posted a picture posing with a Fiat 126p as a joke, the caption read: “so excited about my new car!”

The Tweet was liked by more than 13k people, among which was Monika Jaskólska, a resident of Bielsko-Biała, who decided to raise funds to restore a 126p and customise it for Hanks.

She even got the dashboard styled to look like a vintage typewriter because Hanks is a collector.

The car was unveiled in Poland during a ceremony, which also helped raise funds for a hospital in the city of Bielsko-Biała.

It was then shipped to Los Angeles.

Tom Hanks’ 1974 Fiat sold for $83,500 at auction, but it pales in comparison to the $10 million asking price for the “Wolf of Wall Street” mansion  features a ten-stall stable for your horses and a four-car garage for your horse…power.

The car is in excellent condition, with 12-inch steel wheels, a new battery, fuel system and new brakes, It even features “Bielsko-Biała for Tom Hanks” and “One of One” badging.

The charity…

Hanks will donate 100% of the money he got from the sale to the Elizabeth Dole Foundation and its Hidden Hero Campaign.

The Elizabeth Dole Foundation, which Hanks is actually the chairman of, is a nonprofit organization which provides support to military caregivers.

Alessandro is an automotive journalist with 10 years of experience covering supercars, automotive history, emerging vehicle technology, and luxury transportation. He wrote the first article published on SupercarBlondie.com when the website launched in 2022 and has since built a reputation for insightful reporting across the automotive and transportation industries. His expertise is grounded in hands-on experience. Alessandro has driven every Tesla model ever produced, from the original Roadster to the Cybertruck, and regularly covers the latest developments in electric vehicles and automotive innovation. His passion for transportation extends beyond cars, he has even flown a Boeing 787 Dreamliner simulator in Addis Ababa, Ethiopia. His reporting spans everything from classic American muscle cars and rare automotive discoveries to luxury yachts, private aircraft, high-end watches, and cutting-edge vehicle technology. Known for his deep knowledge of automotive history and ability to uncover the stories behind iconic vehicles, Alessandro brings readers a blend of historical context, technical expertise, and first-hand experience.