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Californian Cadillac restorer Chris Sabatino advises that in 1996 he came upon a 1956 Cadillac Coupe de Ville sitting in a driveway, made an offer and got it for $3,250. It was in a mess, and he restored it. The car had a plaque in the glove box that stated the car was made exclusively for xxx (he can't recall the name but it was a back up singer from Elvis's band the Jordanaires). Later Chris sold the Cadillac to a casino for $17,500.
At the October 1999 Hershey meet in Pennsylvania was a maroon red 1959 Coupe de Ville with black and white interior. Documentation with the car showed Elvis's name as the purchaser, and it was one of 14 "give away" cars for charity, selling immediately for approximately $20,000 and shipped by Horseless Carriage to Tokyo. It is most unlikely that Elvis used this car himself (he was in Germany with the US Army in 1959), and in fact the seller claimed it was a gift for Elvis's bank manager.