Monthly Archives: October 2016

Most Expensive Cars Sold at Auction

You may think that an auction is a great place to grab a bargain – especially when it comes to big-ticket items like cars – but sometimes auctions can throw up some massive values.

Here are the top 5 most expensive cars ever sold at auction. Perhaps unsurprisingly, four out of the top five are Ferrari’s which is a testament to the legacy of the Italian brand.

1.1962 Ferrari 250 GTO – $38,163,000 (£31,116,383)


In August 2014 one of the 250 GTOs manufactured went to auction at Bonhams in California. Nominated as the top sports car of all time on many occasions and often referred to as the greatest Ferrari of all time, the GTO sold for a staggering $38million – making it the most expensive auctioned car of all time.

2. 1957 Ferrari 335S – $35,711,000 (£29,117,133)


Only 4 of these powerful Ferrari’s were ever made which makes it no surprise that when one went to auction in Paris at Artcurial in February 2016, there was a lot of interest.

Made in 1957-8 these cars were built to compete with the Maserati 450S which was more powerful than any Ferrari at the time. The 335S had a 4 liter V12 engine capable of producing 390 horsepower. The car has its place in history as part of the accident in the 1957 Mille Miglia which led to the cancellation of the race thereafter.

3. 1954 Mercedes-Benz W196 – $30,120,00 (£24,558,485)


The Mercedes-Benz W196 was produced to race in the 1954/55 Formula 1 seasons. It was extremely successful winning 9 out of 12 races and winning the World Championship in both seasons it competed.

Given it’s racing heritage, it drew a huge amount of interest when it went under the hammer at Goodwood in the UK in July 2013, eventually selling for just over $30million. Interestingly, the engine used in the W196 included mechanical advancements first used in the Messerschmitt Bf 109E fighter plane during World War II.

4. 1956 Ferrari 290MM – $28,050,00 (£22,870,701)


The 290MM was produced by Ferrari to race in the 1956 Mille Miglia – which it won. It was only ever produced in four units and enjoyed great success in the racing world, winning the Swedish GP and granted Ferrari victory on the World Sportscar Championship.

A racing thoroughbred, this was truly one for the collectors and there was a lot of interest when one went to auction in Sothebys New York in December 2015 with the car eventually selling for $28million.

5. 1967 Ferrari 275 GTB/4*S NART Spider – $27,983,000 (£22,816,072)


This was the first Ferrari to be fitted with a transaxle, making it a valuable part of Ferrari’s history and one that will fit nicely into any enthusiast’s collection.

At least that’s what the public thought when it went to auction at Sothebys in California in August 2013 when it sold for almost $28million. The 275 was produced in GT, Roadster and Spider form with the GTS Roadster featuring at number three in Motor Trend Classic’s top ten Ferrari’s of all time.

Your super car valuation may not be as high as these, but it’s still worth getting it valued it you are thinking of selling yours. Contact us today for more information on selling your supercar.