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While it's not confirmed, we'd bet money Elvis Presley's favorite color was red. After all, he installed wall-to-wall carpeting in this hue at his former Palm Springs home. And the latest proof comes in the form of his 1962 Lockheed Jetstar, which he designed himself and features tons of woodwork along with (you guessed it) red velvet seats and shag carpet. The musician shared the private jet with his father, Vernon Presley. But since The King's death, the jet has sat abandoned on a tarmac in Roswell, New Mexico for the past 35 years. Now the aircraft is going up for public auction for anyone who wants to travel like a rock star — though a lot of work will need to happen to the engines before takeoff. It looks like the exterior could us a fresh paint job, too. But if the buyer isn't interested in flying, they'll be happy to know the interior hasn't been touched or altered since Presley last flew in it. The winning bidder will also receive original paperwork signed by Presley himself, which details his design plans for the plane, which is nothing short of iconic. The plane goes to auction on Saturday, May 27 and is expected to sell for between $2 and $3.5 million. In fact, the current bid is already at $126,000. Since Presley's two other private jets from his lifetime are currently on display at the Elvis Presley Museum in Tennessee, we have to wonder if the third will join them. But we'll have to wait until Saturday to find out.