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Bhuvan Chowdhary

Cars

October 20th, 2016

Someone Actually Bought A $1 Million 1964 Aston Martin DB5 Via Apple Pay

While most of us are stuck with buying coffee at our nearby Starbucks using an iPhone or an Apple Watch with Apple Pay, there is an actual person on the internet who recently shelled out a grand $1 million to purchase a rare 1964 Aston Martin DB5 from an auction at Coys using Apple’s online payment system.

This is the first time an historic car has been sold directly via social media and it is also now the world’s largest in-app purchase since it was bought through the Vero app on the iPhone. The rare 1964 Aston Martin DB5 that had gone through a full restoration including an engine rebuild, suspension and gearbox overhaul followed by 20-years in dry storage was sold Vero for a price of £825,000 (~ $1,013,000). The car was a highly-sought after right hand drive silver birch model which had a red leather interior trip (similar to the one on James Bond’s movie car).

1964 Aston Martin DB5 Sold Via Apple pay reciept

1964 Aston Martin DB5 Vivo Listing

It is only recently that due to security of payments made online with platforms such as Apple Pay, buyers have started to get the confidence of making such high value transactions directly via apps on the mobile phone. While the Aston Martin DB5 will remain the highest selling “in-app” purchase via a social media platform for a little bit longer. But for those who have an iPhone and want to try a similar purchase themselves, Coys also has rock band Led Zeppelin’s manager Peter Grant’s Ferrari 246 Dino up for sale on the same platform for a price of £400,000 ($490,000).

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