The final seventh-generation Rolls-Royce Phantom has rolled off the company's Goodwood production line in the UK.

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The current generation Phantom has been on sale since 2003, and is one of the oldest new cars currently on sale in Australia, sitting between the Morgan 4/4 and the Suzuki APV.

The final Phantom VII, a long-wheelbase model, was built-to-order for a "renowned contemporary Rolls-Royce collector". The customer worked with Rolls-Royce to develop a Phantom tricked out with a number of nautically-themed customisations.

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The vehicle's wood panels have been fashioned to honour the golden era of ocean liner travel, with a stylised 1930's liner gracing the dashboard panel. Sitting in the middle of the dash is a clock with a 24 time zone bezel and a design that's inspired by HG Wells' time machine.

Parts of the car's Powder Blue leather feature tone-on-tone embroidery that evoke the movement of the sea, while the lambswool carpet has a hand-cut wake effect.

Other changes include a Blue Velvet paint job, pinstripe tyres, and a solid silver Spirit of Ecstasy emblem.

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The next-generation Phantom has been spied numerous times, most recently with plenty of camouflage, but without any false body panels.

Whilst the new car's exterior will be evolutionary, the next-generation model will be built upon a new platform that will be shared with the brand's first ever SUV. Using an aluminium-intensive platform and body structure, the new Phantom is expected to be significantly lighter than today's car.

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The new Phantom might make its debut later this year, but likely won't go on sale, at least locally, until 2018.