You can find out what the world’s most expensive car is. And which is even better get to know how you can use the value of your vehicle with more benefit than just sell it.
What is the most expensive car in the world?
It is a car of the rich and famous. It is a car of royalty. It is a car that has been in movies and has been associated with some of the wealthiest people in the world. It is one of the most expensive cars in the world too. If you are thinking of buying a car there are some great tips in this article that will save you money when it comes to buying a car. If you are thinking how to use your car to make even more money, you’ll also find great life hacksabout online Car Title Loan on Star Loans and other financing options.
10 Most Expensive Cars Ever Sold at Auction
Below you’ll find the ten most expensive cars ever sold at auction. This list includes highly-prized vehicles that oligarchs, CEOs, and hedge fund billionaires like to use to squirrel away their cash. There has been a lot of competition for the most expensive car records lately, and a few prestigious auction events seem to dominate the global market for these high end vehicles.
- The Ferrari 250 GT SWB Spider ($18.5 million) was already a treasure, and this car raised it to legendary status when it was discovered in a French warehouse. French enthusiast Robert Baillon had bought the car for display in his museum, but it wasn’t until he died that it resurfaced from years of dormancy. Still in working order, it was snapped up by buyers in 2015 and is now the most expensive car on the planet at $18.5 million.
- Alfa Romeo 8C 2900B Lungo Spider ($19.8 million) This stunning coachbuilt Alfa Romeo is one of just three cars to disturb Ferrari’s dominance of our Top 12. It has a body made by Touring in Italy, is based on the legendary 8C 2.9 chassis, and has a supercharged straight-eight engine. Made of only 12 models, it undoubtedly would have been included at auction.
- Jaguar D-Type – $21,780,000 The Jaguar D-Type was a racing car created by the British company in 1954 that claimed the top spot for three consecutive years at the prestigious 24 hours of Le Mans race from 1955 to 1957. This 1956 edition was last driven by Scottish racing team Ecurie Ecosse, and won with it that year. It later resided in a private collection and was used for occasional racing outings at tracks around the world. With a superb motorsport background and limited numbers, it is no surprise that bidders pushed it to such a high price.
- Ferrari 275 GTB/C Speciale, $26,400,000 This rare example of the 275 model from Ferrari has a long story. Built in 1968, the Ferrari is known for its sleek design and aluminium body for decreased weight. Its 3.0-litre V12 engine is uniquely tuned to give an extra 70bhp over the standard model and was sold directly from the factory. Unusually for a car of this quality, it never raced when it was new and that rarity helped push up its auction price to $26.4 million, which was paid in 2014.
- This Ferrari 275 GTB/4 S NART Spider is worth 27.5 million dollars. The North American Racing Team (NART) campaigned Ferraris in the United States in the 1950s and 1960s to raise awareness of the brand. The reasoning behind this strategy included orders from car collectors, like film star Steve McQueen, who purchased this special version. He used it in ‘The Thomas Crown Affair’ film to catch a thief in act.
- Ferrari 290 MM – $28,050,000 More racing history. This one is one of the most expensive cars in the world for a reason. The 290 MM was made for one of the most famous racing competitions ever, the Mille Miglia. This car is special because it was not only driven by Juan Manuel Fangio but it was also his competition car. It is also a rare car — only four 290s were made— and this one also competed in other races after the Mille Miglia.
- Mercedes-Benz W196 – $29,600,000 This famous German grand prix racing car is one of the largest prizes in our top 12 and is the only car from the Mercedes-Benz company to make it on the list. The car was driven by Juan Manuel Fangio and won the German and Swiss Grands Prix in 1954. It is the most expensive car ever sold in history as well.
- This 1957 Ferrari 335 Sport Scaglietti is worth $35,700,000. It is the most expensive racing car ever sold at auction and it caused a huge stir because it had been raced by two famous racers: Peter Collins and Maurice Trintignant. After that, the Ferrari competed in the Mille Miglia with Wolfgang von Trips driving. This car’s provenance led to such a high price being paid.
- Prepare to scoff at the idea of a $38,115,000 Ferrari250 GTO. You’ll be shocked to know that this figure is only second place in the rankings for most expensive car sold at auction. Of course, no car has earned as much fame and mystique as this one, mainly because of its history-breaking auction prices. More importantly, this particular car is a prime example of an extraordinary machine, thanks to its powerful 3.0-liter V12 engine and race-bred chassis. Only 39 were made, and this one was raced by Jo Schlesser.
- The most expensive car ever sold is a Ferrari 250 GTO($70,000,000), which was auctioned privately for $70 million. The car has had a groundbreaking motorsports history, such as racing in 1964’s edition of the Tour de France and finishing fourth in the 1963 Le Mans 24-Hour race, among other notable achievements. In addition, the 250 GTO has never been crashed, which experts say has contributed to its immense value.
Even if your car isn’t worth $70 mln, don’t despair. You can always get extra cash using your vehicle title as collateral. The amount available will depend on the value of your car and will typically range between $1,000 and $10,000, pretty good for any urgent expenses, isn’t it?