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Elvis' Private Jet Sold At Auction For $430,000

CALIFORNIA (CBS) -- Elvis's private jet is officially off the market!

After sitting on a tarmac in New Mexico for 35 years, the plane was auctioned off for $430,000.

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Folks bid on the plane on Saturday at an event in California that featured celebrity memorabilia.

The jet was designed by Elvis himself and even has red velvet seats and a red shag carpet.

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