The norm is that a used car is supposed to sell at a price less than its original price. If you are lucky, then you may be able to sell your car at a price that you paid for it, but usually used cars are devalued over time.
However, being a British A-list celebrity has its own perks, one of which includes being able to sell your used vehicle at a price which is three times more than what you paid for it. These A-list celebrities who have made millions of pounds by selling their used cars include Katie Price, the Queen, David Beckham and many more.
Usually, the selling prices of these vehicles are kept a secret for privacy reasons, but a group of motor experts and traders have revealed them, keeping the identifies private of the fans who have paid heavily to purchase these ex-celeb cars.
A trading company named the Auto Trader came up with a list of the top ten celebrity cars and compared their sale price with another car of the same model and same value, but without the A-list celebrity tag.
The results were unexpectedly shocking as it was found that the celebrity cars were able to sell at a price which was 241% higher than the selling price of the regular model.
Being a British A-list celebrity has its own perks, one of which includes being able to sell your used vehicle at a price which is three times more than what you paid for it
Given below is a list of some of the most prominent A-list celebrities who were able to make a hefty amount in profit by selling their used cars along with a comparison with the actual sale price of the vehicle, clearly highlighting how much value these celebrities added to these vehicles simply because they were associated with them.
David Beckham And His BMW 6 Series
The internationally acclaimed celebrity and the favorite football player of England has reportedly sold his BMW 6 Series for a whopping price of £75,000. However, the actual selling price of the BMW 6 Series is around £30,000.
This means that David Beckham earned twice the actual worth of the car by simply adding his name to the car’s title which automatically increased the vehicle’s price by 130 percent.
Katie Price’s 2011 Range Rover Se Vogue
Katie Price was able to sell her Range Rover for £70,000 whose actual sale price is approximately £20,500. However, when it comes to Katie Price’s hot pink Range Rover with a clock that has Swarovski embellishments on it, then it sells for £50,000 more than what it is actually worth.
This means that David Beckham earned twice the actual worth of the car by simply adding his name to the car’s title which automatically increased the vehicle’s price by 130 percent.
Prince William’s 2013 Range Rover Se Vogue
The 2013 model of Range Rover SE Vogue owned by Prince William was sold for £150,000, which is otherwise sold in the market for approximately £46,000. What made this car extra special was the fact that the young Prince George was picked up from the hospital in this car when he was born. This shows that a car used by the British Royal Family increases 226 percent in net worth.
Bentley Owned By The Queen
A 2012 Bentley Mulsanne was sold by The Queen at a shocking price of £200,000 which is 130 percent higher than its actual market price as a standard model of the car is expected to be sold for £87,000.
Apart from being previously owned by The Queen, what made this vehicle special was that it was custom made as a commemoration to the Diamond Jubilee. Furthermore, this car was a means of transport for The Queen towards her first meeting with David Cameron and his cabinet.
The 2013 model of Range Rover SE Vogue owned by Prince William was sold for £150,000, which is otherwise sold in the market for approximately £46,000
Jay Kay And His 1996 Lamborghini Diablo
The purple and flashy 1996 Lamborghini Diablo owned by Jay Kay was reportedly sold at a price which was 96 percent higher than the amount for which it was actually worth. The car was used in his Cosmic Girl music video as well. There are reportedly sixteen other models of this car which are available around the world, and their sale price is £280,000 but Jay Kay broke all records by putting it on sale for a massive £550,000.
Die-Hard Fans Will Do Anything To Ride Their Idol’s Vehicle
This really goes to show how much of a strong fan following these A-list celebrities have since the die-hard fans are ready to pay such an expensive amount for a used car. They would bid anything just to get their hands on their favorite celebrity’s vehicle.