The cost of repairs could exceed the amount he paid for the whole car

The host of YouTube channel Hoovies Garage found himself in the news a few days ago after he took the ultimate leap of faith in buying a 13-year old Rolls-Royce Phantom for a tidy sum of $80,000. On the one hand, a Phantom that costs below $100,000 is a bargain find. On the other hand, an $80,000 Rolls-Royce Phantom is priced so low for a reason, or a few reasons. It didn’t take long for those reasons to come to light.

Everything That’s Wrong With a Bargain Rolls-Royce

Would you buy a 2005 Rolls-Royce Phantom for $80,000 if you knew how many problems it had?

Would you buy a 2005 Rolls-Royce Phantom for $80,000 if you knew how many problems it had? The man who did buy it decided to have the luxury sedan checked out, and as you might expect, it had some serious wear and tear, compiled over years of use. From the start, the buyer knew what he was getting himself into. The Phantom had an air suspension error code on the dashboard. The satellite navigation system also doesn’t work from time to time, though that can be largely attributed to the car being 13 years old.

As expected, more problems came to the surface once he got the car checked out. The trim piece on the right side of the hood has corrosion on it. The left side isn’t spared from trouble, either, as the trim piece itself has been glued in the kind of wonky aftermarket way that probably didn’t carry any warranty. Even the Phantom’s 21-inch wheels weren’t spared as a lot of the chrome pieces are now gone. Some scratches can also be seen on the surface of the wheels, exacerbating what is already looking like a dire situation for the rims.

Even details that are seemingly minor are magnified because this is a Rolls-Royce Phantom we’re talking about. The hidden umbrellas in the rear doors are gone, the rear bumper has a scratch, and a quick date with an error code scanner revealed problems with the CD player and passenger control module.

Buying the Cheapest Rolls-Royce Phantom in the USA

Unfortunately for the new owner who took out a $70,000 loan to buy the Phantom, the bill’s probably going to be steep if he wants to have the Phantom restored back to its former opulence

The good news is that even with these issues, the majority of the Phantom still looks good, or at least functions to acceptable levels. The Spirit of Ecstasy ornament still hides and deploys at the touch of a button. Even the interior trim is largely fine, at least if you lower your acceptable Rolls-Royce standards. Most importantly, though, the Phantom’s 6.75-liter V-12 engine is still working as well as it should. At the end of the day, no amount of restoration is going to help a car that doesn’t run in the first place. But this Phantom runs, and that’s half-the-battle won.

There are more issues expected as the Phantom continues getting its diagnosis, though the hope is that by the time all of them are discovered, it won’t cost as much as the actual car itself. Unfortunately for the new owner who took out a $70,000 loan to buy the Phantom, the bill’s probably going to be steep if he wants to have the Phantom restored back to its former opulence. The two umbrellas alone cost $900 while a new set of 21-inch wheels is going to set him back $16,000.

We’re rooting for him to at least get his money back in raising the Phantom’s value, but at this point, that’s a bet we’re not willing to make.

Further reading

2018 Rolls-Royce Phantom VIII Exterior
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Read our full review on the 2018 Rolls Royce Phantom.

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Read more Rolls Royce news.

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