Mr Taylor was appointed regional chief information officer for the board in 2007 after Swann, the former chief information officer, was sacked for gross misconduct.
Swann was later sentenced to nine and a-half years' prison for defrauding the board of $16.9 million between 2000 and 2006.
On Saturday, 20 cars, bikes and boats that belonged to Swann went under the hammer.
The auction followed the High Court order for Swann to forfeit $3.5 million of assets.
Mr Taylor, who now works in Christchurch, said he felt "pretty good" about his $15,500 winning bid for Swann's Honda NRX 1800.
"I'm stoked. It was a good deal."
As for the bike's history, he said it was a good thing some of the money stolen from the health board was being recovered.
Another successful bidder, Mike Davies, of Queenstown, bought a Mercedes Benz 280 SL for $58,000 for his wife, Bridget, who could not wait to drive the vehicle home as soon as it was registered and warranted.
However, what was predicted to be the most expensive vehicle to go in the auction, a 1938 Rolls-Royce Phantom 3, was passed in after a failure to get bids, even when the starting point was dropped to $60,000.
A 1929 Rolls-Royce Phantom 2 went for $140,000 to a phone bidder, while a 1970 Jaguar E-type went for $53,000.
Turners Dunedin branch manager Andrew Speirs said the auction was the biggest experienced at Turners in Dunedin.
A crowd of 500 was on site, and 120 bids were made by phone and just under 200 were made online.
"Some went better than anticipated and others were a bit of a struggle."
The only vehicle not to sell was the Phantom 3 and further negotiations were taking place on it, he said.
It would be later in the week before it was known how much was raised from the sale of Swann's vehicles.
