Drophead Dollars
Rolls-Royce convertible sells for $1.6 million

A cool half-mil is all it takes to own one of Rolls-Royce’s new Phantom Drophead Coupés (“Great Affectations,” AW, June 18), but one recently sold for nearly three times that.

At the 9th annual White Tie and Tiara Ball, a Drophead Coupé was auctioned for just more than $1.6 million, with proceeds benefiting the Elton John AIDS foundation. The event raised more than $12.1 million, with nearly half that figure stemming from the auction alone.

The high bidder will take delivery of the car this summer, bypassing a long waiting list (all 2007 models have been accounted for). If interested in a 2008 model, head to your Rolls retailer with $412,000 (which includes the $2,000 destination fee and $3,000 gas-guzzler tax) in hand.

[Source: AutoWeek ]