The 2003 Mercedes-Benz E200 Kompressor salvaged from the Rena wreck looks like a million dollars but charity auction organiser Delwynne Hahunga says they will accept a lot less.

The car, now worth $15,000, being auctioned to raise money for Child Cancer, went live on Trade Me last Friday and within three days has a top bid of $11,600.

A Mercedes E200 Kompressor car salvaged from a container on Rena is being auctioned for the Child Cancer Foundation.

Fundraising and business development manager for the Child Cancer Foundation in the BOP Delwynne Hahunga says they are hoping to get at least $15,000 for the car as that is what similar models sell for on Trade Me.

The car has been generously gifted to the Child Cancer Foundation by Vero Marine Insurance and environmental specialists Braemar Howells.

The car was in a container on route to Sri Lanka when the ship struck the reef on October 5 last year. It remained high and dry on the bow of the ship.

It has been completely checked out by Tauranga Vehicle Certifiers and meets New Zealand Safety Standards.

There was minor body damage to the car, which has been repaired by Mount Maunganui Collision Repairs Ltd.

Ingham-Sears, the Bay of Plenty's Mercedes specialists have provided replacement parts including the Mercedes hood and boot ornaments and professionally grooming the car for sale.

The TradeMe auction has attracted 15 bids since it went live with one of the salvors commenting on the auction.

'It's great to see this car again. I was a member of the kiwi rigging crew who removed this car from the ship.

'I can vouch for the fact it was not damaged, and that it never came into contact with any seawater. The container was sound when we cracked it open, and we lifted it out of the hold without a scratch using the chopper. The only scratches on it were from the cardboard boxes of belongings that were packed all around it…”

The car can be inspected and taken for a test drive at Safeway Auto Auctions on Totara Street, Mount Maunganui.

The auction closes on Friday, August 31. To view the auction click here.