World's Oldest Rolls-Royce Sells For Record Price

by Rigel Celeste (RSS feed)
Dec 5th 2007 at 12:03PM

The oldest surviving Rolls Royce went up for auction this past Monday and sold for a record-breaking $7,275,000. Over 100 years old (built in 1904), the 10hp two-seater Rolls went to a private British collector who was obviously willing to pay more than twice the initial estimate for the vehicle -- after two phone bidders drove the price sky high. And it didn't only break the record for highest price paid for a Rolls Royce, but it also broke the record for highest price paid for any veteran (pre-1905) vehicle.

Tags: auction, auto, autos, Rolls Royce, RollsRoyce, vehicle, vehicles