Jet owned by Elvis auctioned after sitting 30 years on New Mexico runway






ALBUQUERQUE, N.M. >> A private jet once owned by Elvis Presley has been auctioned after sitting on a runway in New Mexico for 30 years.

The plane sold for $430,000 on Saturday at an Agoura Hills event featuring celebrity memorabilia, GWS Auctions Inc. said.

The buyer was not disclosed in the sold note posted on the firm’s website. GWS Auctions managing member and lead auctioneer Brigitte Kruse did not immediately return a call for additional information.

The auction house says Elvis designed the interior that has gold-tone woodwork, red velvet seats and red shag carpet. But the red 1962 Lockheed Jetstar has no engine and needs a restoration of its cockpit.

The 1962 red Lockheed JetStar was owned by Elvis and his father, Vernon Presley, Liveauctioneers.com says.

It has been privately owned for 35 years and sitting on a tarmac in Roswell, New Mexico.

Photos of the plane show the exterior in need of restoration and seats of the cockpit torn.

A previous owner of the private jet disputed the auction house’s claim the king of rock ‘n’ roll designed its red velvet interior.

Roy McKay told KOB-TV in Albuquerque (https://goo.gl/GpE3zV) on Tuesday he designed the interior himself. McKay said that when he purchased the red 1962 Lockheed Jetstar, it had a two-toned gray interior and “kind of looked like a casket.”

But then-GWS spokesman Carl Carter told The Associated Press the auction house is confident Elvis designed the interior, which photos show has red…

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