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

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.