A red 2007 Ferrari F430 once owned by Donald Trump sold for $270,000 at an auction over the weekend — a disappointing price given that it was once the primary set of wheels for the current president.

The car — with nearly 6,000 miles on the odometer, 2,400 of which were put on by the real estate mogul — was expected to fetch between $250,000 and $350,000, according to Auctions America.

The car, when new, carried a sticker price ranging from $185,000 to $215,000. At the mid-point, the car would have returned about 3.1 percent annually — based on the weekend’s sale price, not exactly a great investment.

In fact, the car left the sales block without hitting its $250,000 minimum bid. It was only announced later by the auctioneer that a mystery buyer ponied up the $270,000.

Auctions America declined to identify the buyer.

The company said the sales price was a record for a 2007 F430 with an automatic transmission. The car, a V8 with 490-horsepower in mint condition, has yellow dials and, typical of cars of that vintage, a CD changer.

Trump purchased it new and owned it for four years. A second owner was selling it.

To be sure, prices of Ferrari’s vary wildly. generally, models with automatic transmission grab higher prices. Other cars formerly owned by President Trump — like a Cadillac limousine and a Lamborghini Diablo — sold for well above the average selling price for such a car.