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The Queen's Range Rover sells for a record price: The 2004 SUV jumped in value by 302 PER CENT in just four months - here's the reason why | This is Money
The Queen's Range Rover sells for a record price: The 2004 SUV jumped in value by 302 PER CENT in just four months - here's the reason why
A 19-year-old Range Rover that formerly made up HM Queen Elizabeth II's private fleet of vehicles has sold at auction for a record figure, having changed hands for a fraction of in July.
In fact, its value has just in just four months by a staggering 302 per cent!
Offered at the weekend's Iconic Auctioneers NEC Classic Motor Show in Birmingham, the luxury SUV went for a winning bid of £132,750, which is more than double its pre-sale estimate and believed to be the highest amount paid at auction for a 2004 example of the premium 4X4.
Its sale price will come as a massive blow to a former keeper, who parted with the Range Rover for a mere £33,002 in the summer
The very same car was sold earlier this year with only circumstantial evidence that it is connected to her Late Majesty.
With nothing concrete about its former keeper, the sale price when the hammer dropped in July was a quarter of what it went for this time around.
In fact, on Saturday it smashed its pre-sale estimate too, with Iconic Auctioneers predicting it would make only up to £60,000 ahead of the midlands event.
The incredible 302 per cent jump in value in just four months is down to the vendor - having undertaken painstaking research after buying the car - unearthing confirmation of its Royal connection.
The owner tracked down video footage of HM Queen Elizabeth II driving the Range Rover with the number plate clearly visible, ending earlier assumptions and clarifying its heritage.
The clip (below) shows the third-generation L322 Range Rover - one of a number owned by the Queen during her motoring years - with Her Majesty at the wheel while attending a show in 2005.
The vehicle was commissioned and modified by Land Rover Special Vehicle Operations in 2004 as per Contract 34319 - as confirmed by the British car maker with a long-standing Royal Warrant - before delivery to the Royal estate
Originally Posted by V8Ian
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