Car Insurance - World's oldest Rolls-Royce to sell for £2 million pounds - 23/10/2007

The UK's classic car lovers know that finds such as the world's oldest Rolls-Royce, to be auctioned for £2 million pounds, come along very rarely.

Built in 1904, the small, 10 horsepower two-seater is to be sold at Bonhams auction house.

Despite its petrol-guzzling engine, slow speeds and the frankly mindboggling prospect of taking out car insurance for it, the vehicle would make a spectacular addition to any super-rich car fan's collection.

Head of UK motor sales at Bonhams Tim Schofield explained that the 103 year-old vehicle could potentially be seen on UK roads following the sale.

"It is in perfect condition after loving restoration in the 1950s. [The car] is a runner. The purchaser could get in and drive it away," said Mr Schofield.

For the price of a mansion, it probably should be.

Those drivers who might want to catch a glimpse of the Rolls-Royce on the road, just check for its U 44 license plate.
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