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First unlocked iPhone was traded for a Nissan 350Z and 3 normal iPhones

Fact - George Hotz traded the first iPhone he had unlocked for a Nissan 350Z and 3 8GB iPhones.
Pic Credits: © 2008 Mingo Hagen | iPhone | CC BY-SA | Modified

In August 2007, George Hotz was the first to carrier-unlock an iPhone so that the mobile phone can be used with other network providers. The 17-year old hacker sold the phone to Terry Daidone for a Nissan 350Z and 3 8GB iPhones.

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