Rap-Up.com reports that the car was sold for $60,000, and was sold in less than five minutes. The car was sold as part of the New York Contemporary Art Evening auction.
Though it sold for less than the expected $100,000-$150,000, the Maybach is a work of art rather than a working vehicle.
Part of the proceeds from the sale benefitted Save the Children to provide food for children in Africa.
In the "Otis" video, Jay-Z and Kanye took apart a 2004 Maybach 57, which has a retail value of $350,000.