World’s Oldest Rolls-Royce Is Most Expensive Ever, Sold For £3.5 mn

And here sets another record with the auction of world’s oldest surviving Rolls-Royce earning a tag of being the most pricey veteran car till date after generating a sales of £3.5 million plus at a Bonhams London auction house.
This 1904 Rolls-Royce 10hp Two-Seater car is the fourth one to be produced by Charles Stewart Rolls and Frederick Henry Royce. What made this car most valuable one is its old-age….ooops. But true as its being 103 years that it was first driven from a small factory in Manchester. Initillay, the price anticipated for this valuable car was £1 million but to everone’s surprise it generated £3,521,500, the highest ever paid for a car in the veteran category. The prerequisite charted by a private British collector for winning this bid ensured that it will stay in the UK.
Sir Alan Sugar, celebrity professional and former co-founder of Amstrad computers, ended up making a bulky loss of £5,500 by picking Bentley S1 Continental Sports Saloon that he bought from Sir Elton John for £200,000 at an auction in 2001 and sold it for £144,500.
Around 100 other cars and motorcycles got sold extracting almost £10 million. Other cars that contributed to the total sales of £10 million include the Brunei Royal Family’s Bugatti Super Sport Coupe and a Panther De Ville Saloon once owned by the celebrity actor Oliver Reed.
Via TimesOnline


Written By
More from Zolamarquis

Watercraft Dons Auto Appeal, Concept Courtesy Swedish designer

Fusion is always seen as a weapon in the hands of designers....
Read More

Leave a Reply

Your email address will not be published. Required fields are marked *