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"Last Word"-Rolls Royce Rolls Into History

Monday, December 03, 2007

JEFF YASTINE: And finally tonight, a car auction in a league of its own. The world's oldest surviving Rolls-Royce drove into the record books today becoming the most expensive vintage car ever auctioned. The price tag, more than $7 million. The 1904 two-seater was the fourth car ever produced by Charles Royce -- excuse me, Charles Rolls and Frederick Royce. The car was expected to sell for about $2 million but interest from around the world accelerated the price of the bids and the buyer is a British collector. And Susie, believe it or not, the car is still drivable and has a top speed of 40 miles per hour.

GHARIB: Forty miles, take me on a ride in that classy vehicle.

YASTINE: You can't have too many cars going that far these days.

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