Rolls-Royce Drophead Coupe bought at auction for $1.6 million

Back in January of 2007 Raymond Lutgert, a real estate developer, cashed out $2 Million for a Rolls-Royce Phantom Drophead Coupe becoming the very first owner of the luxurious convertible. Well now someone else with a lot of money has bought the car at a charity auction for £800,000 ($1.6 million). The bid was made at the 9th Annual White Tie to raise money for the Elton John AIDS Foundation.

The Rolls Royce Phantom Drophead Coupe won”t make it to North America until this summer with a price tag of $407,000. Rolls-Royce has now begun full production of the new car.

The two-door, four-seat convertible is hand made at the company”s manufacturing plant at Goodwood, and combines the latest aluminium technology and engineering with the very best in hand craftsmanship.

Overall the event raised in excess of £6 million, with £3.1 million raised at the auction alone. The Rolls-Royce was bought by a private buyer who will take delivery of his new car later in the summer.


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