Bankrupt Katie Price’s pink Range Rover is slashed by £10k as it ‘struggles to sell’

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Katie Price‘s infamous pink Range Rover has had a whopping £10,000 knocked off its price as no one seems interested in buying it.

The heavily-papped vehicle is still struggling to sell since it was repossessed from her in November after she was declared bankrupt.

The car had been put up for sale by an Essex garage for a hefty sum of£60,000, but it has now been reduced by a significant amount as no one seems interested in purchasing it.

The car has been on the market for more than a month, and according to The Sun, a special deal has been put into affect to make the purchase more appealing to buyers.

Katie’s pink Range Rover is struggling to sell
(Image: Instagram/Valet Magic)

The deal would see buyers pay £5,000 upfront, and then the remaining £45,000 over 60 months.

The dealer’s description states the vehicle also features 22 inch alloys wheels, a sliding panoramic roof and a WiFi hot spot. 

The bubblegum pink vehicle arrived on the forecourt of the Saxton 4X4 Chelmsford in Essex in November, after being purchased at a car auction.

The vehicle’s asking price has been slashed by £10k
(Image: SplashNews.com)

It comes as Katie is allegedly set to finalise her divorce from ex-husband Kieran Hayler – two years after they first parted ways.

According to reports from  The Sun, the mother-of-five is ‘desperate’ to get the divorce underway after she was declared bankrupt late last year.

Kieran,32, is said to have given up hope of ever retrieving money he claimed he was owed by his ex, who was declared bankrupt last November.

Peter Andre's wife Emily is at 'breaking point' with her hubby's estranged ex Katie Price
Katie was declared bankrupt in December
(Image: GC Images)

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Instead, he has told solicitors he wants the separation officially sorted out as quickly as possible.

The former glamour model was declared bankrupt in December after spending her rumoured £45million fortune.

Mirror Online have contacted Katie’s representatives for comment.

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