Insane amounts of money spent on beautiful cars…
What makes a car worth a lot of money? Many factors contribute, but at the top are rarity, volumes of production, desirability, nostalgia and design. Although other variables such as condition and previous awards count towards value, there’s no denying those top 5 contributors.
When these beauties hit the auctions, serious money is spent. Looking back over the most expensive cars ever sold, most of them are Ferraris. Instead of listing everyone, we’ll simply pick out the most expensive of each manufacturer.
Enjoy the top 10 most expensive cars ever sold, listed in US Dollars.
10. 1932 Bugatti Type 55 ($10.4 million)
Auction: Gooding & Company. Pebble Beach, California
Date: 21st August 2016
Manufactured from 1932-1955, the Bugatti type 55 is the Bugatti ever sold at auction. Fetching $10.4 million, the 2-valve straight-8 engine was later used for the racing model of the car.
The buyer remains anonymous.
9. 1931 Duesenberg Model J Long-Wheelbase Coupe ($10.34 million)
Auction: Gooding & Company. Pebble Beach, California.
Date: August 21, 2011.
Known as ‘the most luxurious American vehicle ever made,’ the Duesey is an iconic motor for many reasons. Used in the US and Europe, the car was a must-own vehicle for the elite of that era. 1931 Duesenberg Model J Long-Wheelbase Coupe sold for $10.34 million.
Even the infamous gangster Al Capone sported a Duesenberg. For the time, the straight-8 265 horsepower engine was revolutionary.
8. 1968 Ford GT40 ($11 Million)
Auction: RM Auctions. Monterrey, California.
Date: August 7, 2012.
The classic GT40 has always been a hit with car fans, but this particular motor was special. The lightweight Gulf/Mirage GT40 had won races, worked with Steve McQueen and is in immaculate condition. The huge price tag was a record for RM auctions.
No buyer was named.