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 |  Mar 14 2012, 6:31 PM

Car enthusiasts probably cringed during Jay-Z and Kanye West’s “Otis” video as the duo mangled a Maybach 57, but the joke seems to be on them now.

The irreverently-altered Maybach was supposed to bring between and estimated $100,000 and $150,000 at auction. That money was meant to go, at least in part, to the Save the Children Charity.

Unfortunately, as the audacious music stars learned, people don’t really like the idea of spending that kind of money on what amounts to a disfigured and outdated Maybach. The car earned $60,000 — an less than a quarter of its original value. While that’s chump change to own an ultra-exclusive Maybach (especially because the company is gone), it’s still a lot to pay for junk.

It’s too bad one of the music moguls didn’t just “give” it to the other as a memento of the video shoot. They could have collectively donated more to the charity without breaking much of a sweat. Heck it wasn’t so long ago that Birdman gave his brother and Lil Wayne Rolls-Royce Ghost and Bentley Mulsanne respectively.

Nonetheless, Save the Children is probably grateful for whatever money it got, regardless of wasted potential. At least it still raised more than Justin Bieber‘s Hyundai Genesis, though even that is questionable considering the Hyundai sold for more than its original MSRP.

You can watch the music video after the break.

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 |  Feb 26 2012, 6:24 PM

Although Daimler has announced the discontinuation of the Maybach brand, young money ballers, shot-callers now have the opportunity to bid on what’s arguably the most notorious Maybach of all.

Starring in the Jay-Z and Kanye West “Otis” music video, the chopped “Mad Max” Maybach will be put on the block by auction house Phillips de Pury & Co. at the New York Contemporary Art Evening sale on March 8. All proceeds of the Maybach auction will be donated to Save the Children. Previously, this vehicle was also up for auction to benefit the victims of drought in East Africa.

Burning rubber in four-wheel drifts and spitting fire in the process, Rockafella’s insane whip is estimated to raise between $100,000 to $150,000. Considering Jay-Z and Kanye’s handiwork left us with half a car, it seems appropriate for its estimate to be half the value of a Maybach 57 when new.

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