Big price for puny Peel

With a sale price almost the same as a Porsche 911 Turbo, which would you buy? The Peel P50 might be dinky in size, puny in terms of power and paltry on passenger and luggage space, but it’s definitely big in one department – price. One of the 1960’s three-wheeled micro machines fetched an astounding $US176,000 ($NZ259,800) when it sold at auction in Florida at the weekend – more than 60,000 times its original value. With just 26 other original P50s – the smallest production car of all time - remaining in existence, it means 25 others are currently in ownership of pocket-sized cars with a wallet-busting value.