News Reviews Quizzes Lists
My Garage
New hero

Karl Lagerfeld’s Rolls-Royces sell for €1.18 million

By Stephen Turvil | January 4, 2022


Why not leave a comment?

See all | Add a comment

Overview of the Rolls-Royces formerly owned by late fashion designer Karl Lagerfeld that sold for €1.18 million

Karl Lagerfeld’s Rolls-Royces sell for €1.18 million

Three Rolls-Royces once owned by late fashion designer Karl Lagerfeld sold for €1.18 million at the Sotheby’s auction in Monaco, in December 2021. Following Mr Lagerfeld’s death in 2019 age 85, some of his most valuable possessions were sold via a series of auctions. The first auction included paintings, furniture, and many other items in addition to the luxury vehicles. 

Lot 55

The 2017 Rolls-Royce Phantom Drophead Coupe was lot 55. It had silver paintwork, cream leather upholstery, and 10,649km on the clock. The Rolls-Royce monogram on the headrests added a further touch of class. As for the paperwork, Mr Lagerfeld’s name was on the logbook. The car’s auction estimate before its sale was €350,000 to €400,000. The estimate was right. It sold for €375,000.

Lot 56

The 2018 Rolls-Royce Phantom was lot 56 and it was estimated at €300,000 to €350,000, before the sale. However, it exceeded exceptions so the hammer fell at €436,000. This saloon had lights integrated into its headlining to simulate a starry sky. They complemented the wooden picnic tables, piano black trim on the dashboard, and the dark leather seats. The exterior was black, too.

Lot 57

The 2019 Rolls-Royce Cullinan was lot 57. This sports-utility vehicle had all-wheel drive to maximise traction, lambswool floor mats, and a 6.75 litre V12 engine that produced 563bhp. It was finished with tungsten metallic paint. Prior to the auction, the vehicle’s estimated sale price was €300,000 to €350,000. This estimate was far exceeded too. The hammer finally fell at €369,450. 

Why the cars exceeded their estimates

Sotheby’s Director of Public Relations, Peter Haynes, suggested why two of the three cars sold for more than expected. He confirmed that both had low mileage and high specifications. He then added that the used market is buoyant. This is partly because it is currently tricky for manufacturers to source the semiconductors required to build new cars. More people therefore buy used instead.

Mr Lagerfeld’s link to the vehicles likely increased the sale prices, too. ‘Karl Lagerfeld was a man with an international reputation built around his career at the pinnacle of the luxury goods, fashion, and design world,’ Mr Haynes stressed. ‘He was a unique character the likes of which we may not see again. Cars with which he has been associated are clearly very appealing’, he added.

Think you know the cars of 2021? Test your knowledge here.

Related Articles

Greater Manchester Mayor facing backlash over Clean Air Zone charges
Greater Manchester Mayor, Andy Burnham is facing a severe backlash from businesses around Greater Manchester with many saying his plans to...
Jan 11, 2022
Road tax price hike from April 2022
Government reveals higher road tax rates that further encourage drivers to go electric from April 2022 in the UK.
Jan 11, 2022
New rules spark car insurance price hike fears for 2022
New rules that make car insurance premiums fairer could increase what some drivers pay from January 2022.
Jan 10, 2022
Audi engine badges explained for 2022
Audi engine, model name, and fuel badges explained for 2022.
Jan 04, 2022