The Bid Is Up! "Otis" Maybach Sells For $60K (PHOTOS)

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Jay-Z and Kanye West are auctioning off the Maybach they destroyed in the "Otis" video. The car is expected to go for more than $100,000 dollars.

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Bachs on Bachs on Bachs cost racks on racks on racks. How many? $60k to be exact.

When Kanye and Jay dropped the video for "Otis" all everyone could talk about is how the pair destroyed a Maybach.

But, as the saying goes, one man's trash is another man's treasure. The non-functioning luxury vehicle was auctioned off tonight for $60K, a little lower than the initially expected $100K.

PHOTOS: Bachs On Bachs On Bachs! The Infamous Otis Maybach Is Up For Auction

The Otis video star was auctioned off during the New York Contemporary Art Evening auction. 

The proceeds from the auction will go to Save the Children, where it will benefit needy children in East Africa. 

STORY: Mercedes Kills The Maybach!

The best part about it, the car sold in 5 minutes! What recession?! 

No word on who the bidder was, but they now have a part of Watch The Throne history to add to their art collection.