Private jet once owned by Elvis Presley for sale — again

ALBUQUERQUE, N.M. (AP) — A private jet once owned by Elvis Presley that has sat on a runway in New Mexico for nearly four decades is back on the auction block.

The online auction site IronPlanet announced this week that plane with red velvet seats had returned the market after its current owner bought it last year for $430,000.

The previous 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 plane was owned by Elvis and his father, Vernon Presley.

It has been privately owned for 36 years and sitting on a tarmac in Roswell, New Mexico.

Photos of the plane show exterior in need of restoration.