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Used Phantom smashes auction record -
04-20-2007, 06:14 AM
You'd hardly call it a bargain at £208,000, but nonetheless one canny trader scored a bit of a result at a British Car Auctioneers sale in Nottingham recently, picking up one of the few second-hand Rolls-Royce Phantoms available on the open market for a song – relatively speaking.
The 2005 model Phantom had covered just 5000 miles. Bidding on it started at just £140,000, but rose quickly to its final sale price of £208,000. And although the cars have been changing hands for as little as £160,000, this low mileage example would be likely to make its owner several thousand pounds should he choose to sell it on.
The Phantom set a record for the highest sale price ever achieved by BCA for a current production car. The previous figure of £192,000 was also for a Phantom, conveniently enough at BCA Nottingham, which sold in 2005.