Uruguay's President Jose Mujica says he's turning down a $1 million offer for his famous 27-year-old Volkswagen Beetle.

Mujica says an Arab sheikh had offered to buy the car, which has become a symbol of Mujica's ostentatiously unpretentious style.

But he told a radio program on Friday that he couldn't sell the sky-blue Volkswagen because it would offend some friends who had given it to him, and he also says he's fond of the car.

He also has another sitting at his ramshackle flower farm, and officially declared the value of both together as $4,385.

The 79-year-old leader leaves office next year.