The President revealed details about the purchase while speaking after a tour of the assembly plant in Detroit that builds the Grand Cherokee. He told those gathered that he was excited to purchase his first new car - his first with power windows.
Obama's former Grand Cherokee, a black Limited equipped with the 4.7-liter V8 and now showing 133,000 miles, is now owned by a Connecticut collector who acquired it for the relatively low sum of $26,437 at an auction earlier this year.
Obama reveals some details about his first new car in his speech (found below) at about 0:45.
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