AN iconic piece of automotive history has been pulled from a barn, and gearheads can take it home for just $30,000.
The enviable 1961 Rolls-Royce can sell for up to $400,000 depending on the condition – but this one comes with a major catch.
A dust-covered 1961 Rolls-Royce Phantom V limousine was pulled from a barn[/caption]
The car’s interior needs a full restoration[/caption]
The car’s original dashboard is still mostly intact[/caption]
The limo can’t run[/caption]
The backend of the vehicle is covered with rust and dirt[/caption]
Pictures of the vehicle on a dealership listing show it’s in dilapidated condition, and needs a full restoration to be able to run.
However, the model is still just one of just over 500 to be produced over the nine-year generation, making it an excellent project for the right enthusiast.
For those passionate and patient enough to take on this monumental task, a major payday could be in store.
In good condition, the cars sell on average for $109,717, but have gone as high as $407,000 at auction per sales data sourced by Conceptcarz.
This model currently does not run or drive, and will need a complete restoration of its exterior, interior, and major drivetrain components.
The site also lists the current lowest sale value as $30,250, making this latest find’s $29,500 asking price a comparative deal.
The car’s original exterior color is listed as beige, but it has since peeled away almost entirely with some patches of surface rust now visible on the doors.
The interior color is listed as tan, but is in similarly poor condition with ripped and moldy leather visible in the photos seen on the listing at Gullwing Motor Cars, which is located in New York City.
The Phantom V’s title is free and clear, at least confirming there are no frame damage or rebuild issues to be concerned with.
Phantom V’s were considered the pinnacle of automotive luxury in their heyday.
Some of their most notable owners include Elton John, Elvis Presley, John Lennon, Queen Elizabeth II, and Liberace.
Rolls-Royce originally shipped Phantom V’s with a 6,230 cc (380 cu in) L-series V8 engine paired with a 4-speed automatic transmission, good for 220 hp and an impressive 340 lb-ft of torque peaking at 2,200 rpm.
However, based on what’s under the hood of this historic car, an entirely new system will have to be installed.
BARN-FIND BONANZA
In March, an abandoned property turned car graveyard was found to have hundreds of different makes and models.
Five steps for restoring a car
Restoring a car can be a massive undertaking. Here’s a simpler way to think about the process as a whole:
- Plan
- This includes setting a budget, preparing a work area, researching parts, and establishing a timeline to get the work done.
- Strip the vehicle
- This involves disassembling the vehicle and assessing the condition of the parts being removed.
- Bodywork
- This means stripping the paint and repairing any rust and dents, followed by repainting.
- Engine restoration
- This involves restoring a car’s power – including engine repairs.
- Rebuild
- After reassembling and detailing the car, all that’s left is to take it for a test drive.
Source: WeatherTech
Antique Rolls-Royces, Jaguars, Minis, Land Rovers, Mercedes-Benzes, and even military grade vehicles were uncovered.
Another graveyard of similar scope was found in May, containing over 300 classic vehicles in various conditions.
These vehicles ranged from pre-war production eras to iconic muscle cars of the 70s.
An iconic American muscle car was also found abandoned in a barn, complete with unique and expensive options which make it an even rarer find.
One of the most exciting abandoned car finds came earlier this week from a Porsche dealership in Belgium.
Inside were models with significant contributions to the brand’s racing history, as well as other iconic cars popularized by movies and more.
Original plating is still intact[/caption]
The trunk of the car appears to be dark and crumbling[/caption]
The limo still has a large space in the backseat[/caption]
The Rolls-Royce’s bonnet mascot ‘Spirit of Ecstasy’ is pictured above a door leading into a showroom, in London[/caption]
