Elvis’ Jet Sold at Auction
Jet That Once Belonged to Elvis Presley Sold at Auction
The sale of the 1962 Lockheed JetStar that sat in the New Mexico desert for decades took place on what would have been Elvis’ 88th birthday.
By Jonathan Welsh
Flying Magazine
January 9, 2023
There are many aviation experts who use their experience and knowledge in precisely estimating the value of general aviation aircraft on the used market. However, I believe there are certain cases in which anyone’s guess might suffice.
One such case unfolded yesterday in Kissimmee, Florida, when auction company Mecum Auctions sold a 1962 Lockheed JetStar executive jet once owned by singer Elvis Presley, for a bid of $260,000. The sale fell on what would have been Presley’s 88th birthday.
Introduced in 1957, the JetStar was among the early generation of private jets. The North American Saberliner rolled out the next year with the famously stylish and fast Lear 23 following a few years later. Celebrities and moguls flocked to this novel and flashy form of personal transport. According to the auction company, Presley purchased the aircraft in 1976 for $840,000.
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Story credit: Flying Magazine; https://www.flyingmag.com/jet-that-once-belonged-to-elvis-presley-sold-at-auction