Leno auctioning Fiat 500 for charity

July 27, 2012 12:00 AM

Everyone knows talk show host Jay Leno has an extensive auto collection. Now, the comedian is letting one small piece of his collection go in order to raise money for charity.

According to USA Today, Leno will be auctioning off his 2012 Fiat 500 Prima Edizione at Gooding and Co.'s Pebble Beach Auction on August 18th. The money raised from the sale will go to the Fisher House Foundation, an organization which provides free housing to the families of military members at VA hospitals around the country.

"The whole family can move into these houses for as long as they need," Leno told the news source. The talk show host says that for many families, "this is the nicest place they've ever stayed in and they seem so happy. The financial burden is taken off of them."

The Fiat 500 normally retails for about $22,000, but Leno's is a bit special. It was only the second Fiat 500 to be sold in the U.S., with the first going to an auto executive. Leno will also be on stage to egg on the bidders, hoping to drive up the price. Last year, one of Leno's tractors sold for $550,000 at a charity auction. While the Fiat may not sell for that much, Leno believes the bidding will go well above retail.

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