All serious car fans know the collector’s car market is crazy right now. The insane prices of the most expensive classic cars suggest that investing in them is a better financial decision than investing elsewhere. Once abandoned, these pieces of automotive art are now worth their weight in gold. However, not all classic cars are sold for incredible sums. The market is very particular about what cars are in demand and which are not due to several reasons.
As a result, rarity, options, age, and celebrity connections are all good points to determine the value of the most expensive classic cars. Today, we’ll bring you 40 of the most expensive classic cars of today’s auto world to see how crazy the used car market has truly gone.
40. 1929 Rolls Royce Phantom
Dubbed “The Best Car In The World” by its manufacturer, the Phantom was one of the definitive “antique” models. Meticulously constructed, thoroughly engineered, and built to the highest standards of the period, it delivered. By 1929, it was modernized and equipped with a bigger 7.7-liter straight-six engine delivering 100 HP (via Classic Cars).
Interestingly, if you wanted to buy a Rolls Royce Phantom in 1929, you could get only a bare chassis with the engine. Then you would take it to your local coachbuilder and get a unique body. This particular example is fully restored with original parts and components. It’s priced accordingly at $550,000 as a result.