03 Aug '12, 7am

This is the best car in the world. You agree?

This is the best car in the world. You agree?

A 101-year-old Rolls Royce that has been dubbed the 'Best Car in the World' is expected to fetch £550,000 (approx Rs 4.7 crore) at an auction. The stunning Rolls-Royce was the height of luxury when it rolled off the production line in 1911 - costing up to ten times more than the average professional's annual wage at around £1500 each. The same amount would have been enough to buy a large house in the country at the time. The car was officially named the 40/50hp but it soon picked up the 'Silver Ghost' moniker from owners and journalists because of its supreme quality. The classic car, which was first launched in 1906, was even named the 'Best car in the world' by the prestigious publication Autocar in 1907, the Daily Mail reported.

Full article: http://luxpresso.com/news-indulge/would-you-pay-rs-4-cr-f...

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