Updated

Used car liquidation sales are pretty common, but you rarely find vehicles that were previously owned by royalty being offered at a discount.

A blue 1971 Mercedes-Benz 280 SEL sedan that was originally purchased by The King, as in Elvis Presley, is now parked in the Daniel Schmitt & Co. Classic Car Gallery in St. Louis, and the price for it was recently slashed.

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Elvis purchased the 1971 280 SEL from a Memphis Mercedes-Benz dealer in December of 1970. (Daniel Schmitt & Co.)

The classy classic was purchased new by Presley. Originally red, he had it repainted blue. Likely to match his 1970 Mercedes-Benz 600, not his suede shoes, which he gave away a decade before.

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As its name implies, the 280 SEL had a 2.8-liter inline-six engine that put out a whopping 160 hp. (Daniel Schmitt & Co.)

The long-wheelbase four-door is powered by a smooth 2.8-liter inline-six engine and features air conditioning , power steering, power brakes, power windows, power everything! Well, except seats. It also doesn't have an 8-Track player or casette, so you'll have to hope you can find one of Presley's tunes on the Bekcer AM/FM radio, which works.

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The car is in museum quality condition. (Daniel Schmitt & Co.)

Following the star's death in 1977, the big Benz spent most of its life in the now-shuttered Smokey Mountain Car Museum and is in fantastic condition, especially considering it has over 80,000 miles on the odometer.

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As for the price on the hood, it had been $199,900, but is now just $139,900. That’s over three times what The Hagerty Price Guide says similar cars are worth, but similar cars aren’t available in this kind of ‘royal’ blue.

ELVIS' SECRET CHEVY VAN UNCOVERED: