Elvis' former private jet goes up for auction.

FOX's Michelle Pollino reports:

Elvis Presley's private jet is about to take off at the auction block. The jet has been sitting on a runway in Roswell, New Mexico for over 30 years with red velvet seats and a redshag carpet. The 1962 Lockhead Jetstar was custom designed by the King.

However, the plane will need some work to fly. The red Jetstar has no engines and needs a restoration of its cockpit.

Liveauctioneers.com says the jet was owned by Elvis and his father before going to a private owner in New Mexico. The plane estimated between $2-3.5 million. It will be auctioned May 27 at the GWS Auctions.

Michelle Pollino, FOX News.

Follow Michelle Pollino on Twitter: @MichellPollino

(GWS Auctions, Inc. via AP)