The red variation is extremely rare. The 8 spoke wheels are very early. I have not seen another with same spokes on a De Dion. There was never a running board on this model.
Maybe based on the earlier real De Dion Bouton K1 which didn't have a running board. All of the above factors suggest it is a early prototype or first impression of the De Dion by Bing. It is undoubtedly incredibly rare. L 6 inches H 4 inches W 3 1/2 inches.
The item "1904 Rare prototype Bing De Dion Bouton windup model car" is in sale since Friday, August 18, 2017. This item is in the category "Toys & Games\Vintage & Classic Toys\Clockwork/Wind-Up".The seller is "bubsbike" and is located in London. This item can be shipped worldwide.