You may have seen our list of the 8 most expensive cars in the world, right? Well, as we pointed back then… sometimes classic cars are sold by amounts so obscene they’ll make the newer models look cheap by comparison.
The value of classic automobiles keeps rising at an astounding rate.
Even in these hard economic times, the jaw dropping bids on these classic cars seem to go ever higher whenever these rolling artworks go to auction. Below are a few of the most valuable classic cars to have come to auction recently:
1936 Bugatti 57S Atlantic
Only four Bugatti Type 57S Atlantics were built, and only two have survived. This stunning piece of automotive sculpture is one of the most sought-after cars by high-end collectors. The example above, owned by the late Dr. Peter Wiliamson, was sold to an undisclosed buyer for a rumored sum between $30 and $40 million dollars.
1962 Ferrari 250 GT
Quite possibly the most beautiful and desired cars ever built, the Ferraris of the early 1960s, including the 250 GT and its racing brother, the legendary Testa Rossa, consistently rate as the worlds most valuable automobiles.
1965 Shelby Daytona Cobra Coupe
When America decided to barge into the world of GT racing that had been traditionally dominated by European manufacturers, the result was the fabled and iconic Shelby Cobra, the only American car to ever defeat a Ferrari in championship racing in Europe. The Shelby Cobra also holds the record for the highest price ever paid at auction for an American-made car: $7.25 million. Only six of these amazing cars were built.
1929 Mercedes-Benz 38/250 SSK
Only 33 of these classics were produced, and this model has the distinction of being the last car designed by Ferdinand Porsche for Mercedes Benz before he left to found his own automobile company and build his own cars. This car was actually small by the standards of the day, but sported a massive 7.1 liter supercharged engine.
1931 Bugatti Type 41 Royale Kellner
Speaking of massive powerplants, this second insane creation of quirky Italian engineer, Ettore Bugatti, to make the list sported the largest engine ever put into an automobile for private sale, a huge 12.7 liter straight-eight. Only six of these cars were built, and at the time they were produced represented the pinnacle of luxury, technology and speed.
1904 Rolls-Royce 10 HP
No salute to the world’s most valuable classic cars would be complete without a nod to Rolls Royce. The 1904 10 HP, with wooden-spoke wheels, brass lantern lights and a horn that looks like a bugle, epitomizes the “horseless carriage” of the early age of the automobile. The only known surviving example sold for $7.3 million in 2004.
When he’s not reading about the latest auto news, Miles Walker looks at the best places to get a car insurance quote over at CarinsuranceComparison.Org. His latest article reviewed Texas car insurance.