SCOTTSDALE (CBSLA.com) — TV’s original Batmobile sold Saturday for $4.2 million, according to the Barrett-Jackson Auction House in Scottsdale, Arizona.

Longtime owner George Barris originally purchased the car for $1 from Ford Motors in 1966.

The iconic car (a 1955 Lincoln Futura concept car, by birth) was ridden in by TV’s Batman (Adam West) and Robin (Burt Ward) during the show’s heyday (1966-68).

William Dozier, “Batman” producer, gave Barris a $15,000 budget and 15 days to come up with the Batmobile.

Saturday’s auction represented the first time the original car was available for purchase.

The car’s new owner was not identified by the auction house. Unconfirmed reports say the buyer is noted car collector Rick Champagne who lives in Arizona.

Various media reports said the car sold for $4.62 million.

Champagne did not confirm either price but did say he was planning on putting the car “in my living room.”