Cars formerly owned by famous people can sell for much more than examples that don’t have star power on the registration document. From Donald Trump to Madonna – these are the latest car sales that were boosted by their claim to fame.
The numbers come from Vanarama, and separate the sales into four categories: public figures, musicians, actors and sports people. Let’s look at the top 10 climbers overall.
Celebrity cars that appreciated the most
|Celebrity||Car||Percentage value increase||Average value||Celeb sale figure|
|Barack Obama||Jeep Grand Cherokee||1,207 percent||£2,940||£38,440|
|Madonna||Mini Cooper S (2002)||922 percent||£5,380||£55,000|
|Frank Sinatra||Rolls-Royce Corniche||355 percent||£30,940||£140,630|
|David Beckham||Porsche 911 Turbo||244 percent||£40,640||£140,000|
|Steve McQueen||Chevrolet 3100 truck||227 percent||£22,620||£73,880|
|John Cena||Ford GT||212 percent||£354,580||£1,106190|
|Ringo Starr||Mini Cooper S (1966)||202 percent||£33,890||£102,300|
|Justin Bieber||Ferrari 458||163 percent||£128,840||£337,300|
|Donald Trump||Ferrari F430||151 percent||£82,910||£207,760|
|Rowan Atkinson||Mercedes-Benz 500E||115 percent||£33,240||£71,300|
These are some impressive numbers. What we can’t help noticing about the top two in particular, is that these are cars near the low-point of their potential value. Without the celebrity affiliation, they’re extremely attainable. As a result, the star power is an extreme asset, which leads to extreme results.
In the case of the Jeep, any other example would be considered an anonymous beater. This one, having been owned by former POTUS Barack Obama, is just shy of a piece of history. As a result, it sold for the equivalent of £38,440 last year. The average price for a Grand Cherokee of the same age and condition is £2,940.
Equally, Madonna’s old Mini would ordinarily be worth around £5,000. Yet it sold for nearly £50,000, or 10 times that amount.
As for the cars that appreciated the least? A Bentley Continental GT Speed once owned by footballer Cristiano Ronaldo sold for just one percent above its market value.
Similarly a Continental GT Mulliner, formerly the property of Ryan Giggs, only gained four percent, as did a 1970 Aston Martin DBS V8 owned by comedian Steve Coogan. In the case of the Aston, it has a star power all its own –and that makes Coogan’s ownership anecdotal, rather than life-changing.