Old luxury cars might look like a bargain, but they can also be a money pit
This silver 2004 Rolls-Royce Phantom is being offered for a pittance, with an asking price of $69,950. Featuring a smooth V12, luxury accommodation, suicide doors, and more, it's a tempting offer. However, the sales ad reveals that the car underwent $78,913 worth of repairs last year, which should be a red flag for owners who want a bargain.
8-liter V12 engine that made 453 hp when it left the factory. But as we all know, that engine, and all of the other luxurious accommodations, might actually be a reason to steer clear of this Phantom. Photos Beverley Hills Car Club As has been noted before, when something goes wrong on one of these aging luxury vehicles, the bill adds up shockingly quickly. And this listing shows just how quickly, because one of the selling features it highlights is the $78,913.
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