Vertu recently announced the release of its newest luxury smartphone line. At $4,200 per unit, these are currently the cheapest models coming from this luxury smartphone manufacturer.

The new smartphones come in three colors namely, black, blue and pink. All three bears the trademark "Chevron" pattern using "Italian canvass fabric". The official Vertu site claimed that the leather-bound smartphones are not for everyone. However, the $4,200 price tag would probably be the biggest reason why most would balk in ordering such a "work of art".

Despite its upscale appearance, the specs of the luxury Chevron smartphones are quite dated by today's standards, according to The Verge. It is a surprise to many why would Vertu launch an elegant $4,200 luxury smartphone but not bother updating its specs.

Its processor is a Snapdragon 801 for Qualcomm, according to Phone Arena. It was a top of the line processor when it was first installed in the Samsung Galaxy S5. The "luxury" Chevron smartphone is still using the Android Lollipop version. The newest luxury smartphone has only a single rear camera at 13MP. The Chevron has a maximum internal storage of 64 GB and is equipped with 2 GB of RAM. It could also be charged wirelessly.

These new smartphones are quite a bargain by Vertu's standards. Some of the manufacturer's smartphone models can range from more than $7,000 to $10,000. For the super-rich, these luxury smartphones may not be expensive enough.

Vertu has largely been considered as the ultimate luxury smartphone. Currently, the British luxury smartphone brand is available in the United States. It's supported by both American carriers AT&T and T-Mobile. However, the Chevron smartphone lines are not U.S. LTE network-ready.