Jet owned by Elvis Presley auctioned after sitting 35 years on tarmac, as claims about who installed red velvet seats disputed

A private jet once owned by Elvis Presley has been auctioned after sitting on a runway in New Mexico for 35 years.

The plane sold for $430,000 on Saturday at an Agoura Hills, California, event featuring celebrity memorabilia, GWS Auctions Inc. said.

The buyer was not disclosed in the sold note posted on the firm’s website, and auctioneer Brigitte Kruse said she could not immediate release information about the buyer or the buyer’s plans for the plane.

The auction house says Elvis designed the interior that has gold-tone woodwork, red velvet seats and red shag carpet. But the red 1962 Lockheed Jetstar has no engine and needs a restoration of its cockpit.

The 1962 red Lockheed JetStar was owned by Elvis and his father, Vernon Presley, Liveauctioneers.com says.