Burt's 1978 "Smokey" Trans Am Up for Auction

The 1978 Pontiac Trans Am from the Smokey and the Bandit movie starring Burt Reynolds is now up for auction. Somehow, it was in the possession of some guys who were busted for fraud. So now, the U.S. government is selling off this important piece of Americana. (AutoBlog)

The replica of the car the late actor drove in "Smokey and the Bandit" and the other vehicles are to be auctioned Saturday, with online bidding already pushing the accumulated value past $5.5 million.

Bidding on that Trans Am alone had topped $65,000 by late Tuesday. The auction company said it had been driven less than 3,400 miles.

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