Allan Komenda, 54, of London, Ont., says that while his bid was enough to win an auction for the car, it will take more money to help spruce up a Stratford skateboard park.

Bieber had dropped by the Hyundai dealership in Stratford - his hometown - and signed the car to help raise money to refurbish the local park.

Komenda said he would double his bid so there will be $80,000 going towards the park.

The retired businessman says he was stunned when he found out the bid he made in the last few seconds of Monday's eBay auction was the winner.

"When I called them ... (I said) I can't believe I won it for $40,000," he said Wednesday.

"If this was Los Angeles or New York or Auburn, Indiana, where a lot of these celebrity cars are auctioned, and you've got active buyers ... this probably would have been up in the $150,000 (or) $200,000 range at least."

While admitting there is a certain prestige to owning a brand new Hyundai Genesis Coupe 2.0 Turbo signed by a "significant international star," Komenda said he also just wanted to support a good cause.

He plans to use the sporty car - with Bieber's signature on the dashboard and sun visor - to help raise funds for other charities.

The fundraising auction was organized by Stratford Hyundai owner Frank Sandola, who donated the car and then got the hometown pop star to sign it.

(CJCS, CIHR)