LOS ANGELES (AP) _ A car museum is the new owner of the yellow taxi hailed over and over and over again by the ``Seinfeld'' gang.

The 1994 Chevrolet Caprice was featured in more than 30 episodes. It was first put up for auction, but owner Budget Rent A Car of Beverly Hills decided to donate it to the Petersen Automotive Museum instead.

``After the auction was under way we realized that it would make much more sense to have the car on display at a museum rather than in someone's car collection or in a garage,'' said Ken Kerzner, the rental company's president.

The taxi was a working cab in New York City before Kerzner's company bought it. It was presented to the museum Tuesday.