Can a Rolls-Royce Be Bought by Anyone?

Rolls-Royce, often considered a symbol of luxury and exclusivity, is widely regarded as unaffordable for the average person. However, with the right resources, anyone can purchase a Rolls-Royce. In this article, we explore the realities of buying and owning Rolls-Royces, from initial purchase to regular maintenance.

Can Anybody Afford a Rolls-Royce?

The cost of a Rolls-Royce ranges widely, typically starting from hundreds of thousands of dollars. This high price tag is a significant barrier for many. Nevertheless, for those with sufficient financial means, a Rolls-Royce is not out of reach. Whether brand new or used, owning a Rolls-Royce is a significant investment and a symbol of wealth and status.

Financial Considerations

While anyone can technically purchase a Rolls-Royce, the purchase does not guarantee the ability to keep the car in optimal condition. Maintaining a Rolls-Royce can be expensive and requires regular servicing, parts replacements, and repairs. The costs associated with owning a Rolls-Royce are considerable, often seen as an ongoing investment rather than a one-time expense.

Real-Life Examples

The stories of potential buyers and their vehicles provide insight into the true cost and challenges of owning a Rolls-Royce. For instance, an acquaintance bought an older Rolls-Royce as a college student. However, he soon found that the car was extraordinarily expensive to maintain, using fuel rapidly and requiring constant repairs. This experience highlights the need for adequate financial preparation when considering a significant luxury purchase like a Rolls-Royce.

Older Rolls-Royces

Older models of Rolls-Royce, particularly those from the 1970s, often come with unique challenges. For example, a 1978 Rolls-Royce that could be purchased for around $5,000 is a common ad. However, many owners found that the car did not run. This situation illustrates the risks associated with buying older luxury cars, where parts and maintenance can be problematic and expensive.

Buying a Used Rolls-Royce

For those interested in a more affordable option, used Rolls-Royces can be a viable alternative. Models from the first generation, such as the Ghost or Phantom, offer a competitive price range. 12-year-old first-generation Ghosts start from around $70,000, while clean 15-year-old first-generation Phantoms can range from $100,000 to $120,000.

Maintaining a Used Rolls-Royce

To maintain a used Rolls-Royce, consider the following tips:

Ensure the car has low mileage and a single owner with less than 70,000 kilometers if possible. Regular maintenance such as oil changes is essential. Flip the car regularly to ensure even wear and tear. Service the car at independent shops specializing in BMW parts to avoid high dealership charges. Buy parts from reputable sources such as eBay for cost-effective and reliable repairs.

Conclusion

While the possibility exists for anyone to buy a Rolls-Royce, owning and maintaining one is a complex process. Financial preparation, proper maintenance, and access to parts are crucial factors to consider. Owning a Rolls-Royce is not just about the initial purchase but also about the ongoing responsibilities of care and expense.