San Francisco

Leap Files For Bankruptcy, Auctions Buses for $5

Earlier this year, a privately owned commuter shuttle bus company called Leap looked like it could be poised to offer San Francisco's Muni system some competition among the tech elite.

Now, according to Business Insider, the company has filed for bankruptcy and is auctioning off two of its lavish buses on West Auction for a starting bid of $5.

Leap launched in March with five buses with leather interiors and amenities like onboard WiFi, Blue Bottle coffee and raw juices.

Two months later, Leap was off the road. The company tweeted on May 19 it was "going offline to deal with a regulatory issue."

According to SFGate, a complaint filed with the Department of Justice stated that Leap was in violation of the Americans With Disabilities act by not making buses wheelchair accessible.

One of the five buses was spotted for sale on eBay in July, where it was picked up for $17,999.

Bidding on the two buses at West Auction runs from October 6-8.

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