Most expensive cars sold at auction | Auto Express (2024)

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These are the most valuable cars to ever go under the hammer

Most expensive cars sold at auction | Auto Express (1)

by: Shane Wilkinson

8 May 2024

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Classic cars are some of the most sought after purchases among the world’s super rich. Not only are these cars beautiful to look at and thrilling to drive, they can be sound financial investments, too, as values tend to head upwards over time. It’s because of this that the most expensive cars in the world tend to be rarest and most desirable classics. When models in this esteemed category come up for auction, gigantic sums of cash invariably change hands.

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It’s not just looks that attract the big buyers, either, as motorsport pedigree is also a common theme with cars at this very top end of the market. Historic track and rally cars attract some of the biggest bids, particularly if they’ve claimed a few trophies down the years.

  • Most expensive cars sold at auction | Auto Express (3)

    Cheapest cars to buy 2024

Here we list the top 10 most expensive cars to ever change hands at auction. There are some examples of cars being sold for even higher prices privately, but the prices in these sales cannot be verified so we haven’t included them here. These are effectively the world’s most expensive cars having commanded the highest verifiable prices ever paid for automobiles of any description.

Most expensive cars ever sold at auction

Read on to find the most expensive cars ever sold at a verified auction, listed in reverse order below.

10. 1964 Ferrari 275 GTB/C Speciale by Scaglietti

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  • Auction: RM Sotheby's, Monterey, 2014
  • Price: $26,400,000

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This £15.7mFerrari is even rarer than the fabled 250 GTO. It's one of only three Ferrari 275 GTB/C Speciale models built by the Maranello marque in late 1964 and early 1965 to hom*ologate its new 275 GTB race car. The Ferrari 275 GTB was designed and built to challenge theFord GT40 and Shelby Cobra Daytona atLe Mans in 1965. It was the first Ferrari to feature independent rear suspension and represented the evolution of the successful 250 series cars, which included the iconic 250 GTO.

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With aluminium bodywork, a lighter chassis and a tuned V12 engine (with an extra 70bhp) mounted lower in the car to bring the centre of gravity closer to the track, the 275 GTB/C Speciale was significantly lighter and faster than a standard 275 GTB road car. This particular 275 GTB/C Speciale never saw competitive action on the track, but one of the other cars took third place overall at Le Mans in 1965.

9. 1967 Ferrari 275 GTB/4*S NART Spider

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  • Auction: RM Sotheby's, Monterey, 2013
  • Price: $27,500,000

The fully-restored Ferrari 275 GTB/4*S NART Spider is one of only 10 ever built. It sold for £16million in 2013, aided by a detailed history which included an appearance with Steve McQueen in the film The Thomas Crown Affair.

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The NART spiders were the brainchild of car importer Luigi Chinetti who recognised the desire for open-toppedsports cars in the American market. He requested a series of convertible 275 GTBs from Enzo Ferrari that carried the familiar NART (North American Racing Team) badge on the rear.

8. 1956 Ferrari 290 MM

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  • Auction: RM Sotheby's, New York, 2015
  • Price: $28,050,000

This ex-works Ferrari 290 MM sold in New York City, setting records for the most expensive car sold in 2015, the most expensive car sold in New York City, and the most expensive car RM Sotheby's had ever sold at the time. It was built for Juan Manuel Fangio to race in the 1956 Mille Miglia and went on to a distinguished career afterwards.

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It's one of only four of its kind and was raced by the likes of Alfonso de Portago and Wolfgang von Trips.

7. 1954 Mercedes-Benz W196

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  • Auction: Bonhams, Goodwood Festival of Speed, 2013
  • Price: $29,600,000

This Mercedes-Benz W196 Grand Prix car was driven by five-timeFormula One world champion Juan Manuel Fangio, a provenance which helped it to a £17.7million sale price at theGoodwood Festival of Speed in 2013. The car was sold in ‘authentic’ condition with visible blemishes and a thin layer of grime as if it had just rolled off the track. You pay all that money and they don’t even run it through a car wash for you.

6. 1967 Ferrari 412P Berlinetta

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  • Auction: Bonhams, the Quail, 2023
  • Price: $30,255,000

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The Ferrari 412P is certainly one of the prettier racing cars to ever hit the track, but it’s more than just looks that saw a bidder hand over more than $30,000,000 to become the latest owner of ‘0854’.

0854 refers to the chassis and engine number of this particular 412P, and this car boasts a number of qualities that are appealing to big-spending collectors. Its strong racing heritage saw it compete at Le Mans, Spa and Brands Hatch in 1967. A year later it then went on to secure wins at the Nuremberg 200 Kilometres, the Solituderennen, and the Swedish Grand Prix.

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After such a rigorous racing career, 0854 passed down through a number of wealthy collectors, and it eventually underwent a painstaking nine-year restoration. Perhaps best of all, though, is that this V12-powered vintage racer is fully road-legal – if the new owner is brave enough.

5. 1957 Ferrari 335 Sport Scaglietti

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  • Auction: Artcurial, Paris, 2016
  • Price: $35,700,000

The impossibly curvy Ferrari 335 Sport Scaglietti pictured here has a racing history as long as your arm – and that's responsible for its place on this list. The car has competed in everything from the Sebring 12 Hours to the Mille Miglia and even Le Mans. Due to Euro/Dollar exchange rates, its exact position on this list is somewhat contentious – but it's a worthy contender nonetheless.

4. 1962 Ferrari 250 GTO

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  • Auction: Bonhams, The Quail, 2014
  • Price: $38,115,000

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This 1962 Ferrari 250 GTO Berlinetta became the most expensive car ever sold at auction in 2014, a record it held for four years. It was built to contest the 1963 FIA World GT Championships, which it went on to win.

Ferrari built just 39 250 GTOs, and this particular 62-63 example is not only one of the best surviving examples but also has a genuine racing pedigree.

3. 1962 Ferrari 250 GTO

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  • Auction: RM Sotheby's, Monterey, 2018
  • Price: $48,405,000

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The second Ferrari 250 GTO to appear on this list was sold at RM Sotheby's in Monterey in 2018.

This particular 250 GTO – chassis number 3413 GT – was owned for two decades by Ferrari enthusiast and vintage racer Dr Gregory Whitten before its 2018 sale. It was driven to the auction block by five-time Le Mans winner Derek Bell – and the auctioneer opened bidding at a staggering $35million. Three bidders competed for the car over the course of ten minutes, with the final sum reaching $48,405,000.

2. 1962 Ferrari 330 LM 250 GTO by Scaglietti

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  • Auction: RM Sotheby's, New York, 2023
  • Price: $51,705,000

It’s a Ferrari 250 GTO hat-trick as Sotheby’s 2023 New York sale saw yet another one of these coveted classics go for a truly staggering amount. Although it actually failed to meet the initial $60,000,000 estimate, this car’s huge value saw it listed in an art auction rather than an automotive one.

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The car in question is chassis number 3,765, which was the only GTO Tipo to be raced by Scuderia Ferrari. It was driven by Mike Parkes and Lorenzo Bandini at the 1962 24 Hours of Le Mans race, and also took a class win and second-place finish at the Nurburgring 1,000km in the same year. This 250 came onto the market after belonging to its previous owner for a whopping 38 years.

1. 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe

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  • Auction: RM Sotheby's, Stuttgart, 2022
  • Price: $135,000,000 (estimated)

One of two 300 SLR Uhlenhaut Coupes, this car was sold at an exclusive, invite-only auction at the Mercedes-Benz Museum in Stuttgart, Germany, for an incredible £135million.

Incredibly, the starting bid for this German racer was higher than the second-place Ferrari 250 GTO's winning bid. Bought by a private seller, the 300 SLR Uhlenhaut Coupe was named after its creator and chief engineer, Rudolf Uhlenhaut, who drove the car to European events. It was owned by Mercedes from new, covering only 3,756 miles in seven decades.

While neither 300 SLR Uhlenhaut Coupe was raced, they did feature an upgraded 302bhp 3.0-litre straight-eight taken from the iconic two-time Grand Prix World Championship-winning W196 R, driven by Juan Manuel Fangio.

More of the world’s most expensive cars sold at auction

  • Ferrari 410 Sport - 2014, $23,000,000
  • Aston Martin DBR1 - 2017, $22,550,000
  • Ferrari 410 Sport Spider - 2022, $22,005,000
  • Ferrari 290 MM - 2018, $22,005,000
  • Duesenberg SSJ - 2018, $22,000,000
  • Jaguar D-Type - 2016, $21,780,000
  • Aston Martin DP215 - 2018, $21,455,000
  • McLaren F1 - 2021, $20,465,000
  • McLaren F1 LM - 2019, $19,805,000
  • Alfa Romeo 8C Lungo Spider - 2016, $19,800,000

Need a fast, accurate, free valuation on a car? Try our valuation tool...

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Most expensive cars sold at auction | Auto Express (14)

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Shane Wilkinson

Shane is responsible for looking after the day-to-day running of the Auto Express website and social media channels. Prior to joining Auto Express in 2021, he worked as a radio producer and presenter for outlets such as the BBC.

Most expensive cars sold at auction | Auto Express (2024)

FAQs

What was the most expensive car ever sold at auction? ›

A 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupé is the most expensive car ever sold, having gone under the hammer for a staggering $135m in 2022 - the equivalent of £114.4m. Previously owned by Mercedes-Benz, the car was sold by RM Sotheby's at the Mercedes-Benz Museum to an anonymous buyer.

Who bought the 142 million dollar Mercedes? ›

It sold to classic-car dealer Simon Kidston, who placed the winning bid on behalf of an anonymous buyer.

What is the rarest car of all time? ›

Here are six of the rarest cars in the world.
  • McLaren F1 LM. The McLaren F1 LM is the fastest and most powerful McLaren ever made一and yes, it was built for the streets instead of the tracks. ...
  • Lamborghini Veneno. ...
  • Mercedes-Benz 300 SL “Gullwing” ...
  • Ferrari Testarossa Spider. ...
  • Bugatti La Voiture Noire. ...
  • Ferrari 250 GTO.
Jan 18, 2024

Which is the no. 1 richest car? ›

Rolls-Royce La Rose Noire Droptail is the world's most expensive car, priced at $30 million (Rs. 211 crore approx).

Who bought the 70 million dollar Ferrari? ›

Renowned car collector David MacNeil, founder and CEO of automotive floor-mat company WeatherTech, bought chassis number 4153 GT for $70 million in 2018.

What is the most valuable thing ever sold at auction? ›

Most expensive items sold on auction
  • Leonardo Da Vinci's Salvator Mundi: $450 million. ...
  • Pablo Picasso's Les Femmes d'Alger (Version O): $179 million. ...
  • Frank Mulder's Gigayacht - $168 million. ...
  • Elizabeth Taylor's Jewellery Collection: $116 million. ...
  • Jeff Koon's Rabbit: $91.1 million. ...
  • The Oppenheimer Blue: $57.9 million.
Apr 3, 2024

Who owns 8 million dollar Maybach? ›

In popular culture. The car is noted for being portrayed in an episode of long-running German show Cobra 11, in which it is used in the ending chase of the episode "Freundschaft". According to Top Gear, the vehicle was purchased by rapper Birdman in 2011 for US$8 million. Right now the car is owned by Mechatronik.

Who owns the most expensive car in the world? ›

Who owns the most expensive car in the world? Only three people own the Rolls-Royce Boat Tail. According to Daily Mail, one is owned by music power couple Jay-Z and Beyoncé. The second is owned by Mauro Icardi, Argentine footballer and Galatasaray striker.

Who owns most of Mercedes? ›

Mercedes-Benz Group
Central headquarters in Mercedes-Benz complex Untertürkheim, Stuttgart
OwnersInstitutional investors (52.7%) Private shareholders (22.8%) BAIC Group (9.98%) Tenaciou3 Prospect Investment Limited (Li Shufu) (9.7%) Kuwait Investment Authority (6.8%)
Number of employees172,425 (2021)
22 more rows

Is there a car worth $1 billion? ›

Is there a car worth $1 billion? No, and with the most expensive car in the world being the Mercedes-Benz 300 SLR Uhlenhaut Coupé with a sale price of $142 million, we're far from a car hitting that mark.

What celebrity has the rarest car? ›

Jay-Z – Maybach Exelero

The music superstar has the definition of a limited-edition car, owning a Maybach Exelero which is among the rarest cars in the world. Built in 2004, it was first owned by rapper, Bryan 'Birdman' Williams, and later sold it to Jay-Z, who was willing to pay any price!

What is the most loved car ever? ›

The Toyota Corolla is the world's bestselling car with Toyota building over 50 million of them since 1966. This amazing achievement is just a testament to the effort Toyota put in this model. They have produced countless versions, generations, and models for many different markets.

What vehicle do most millionaires drive? ›

The top 10 car brands driven by millionaires, according to a Ramsey post on X (formerly Twitter) are:
  1. Toyota. The average price for a Toyota went up to $38,198 in the automaker's second quarter of its 2024 fiscal year, according to Carsdirect, citing Cox Automotive data.
  2. Honda. ...
  3. Ford. ...
  4. Lexus. ...
  5. Subaru. ...
  6. BMW. ...
  7. Acura. ...
  8. Hyundai.
Apr 5, 2024

Who is the richest man with 7000 cars? ›

According to reports, Sultan Bolkiah possesses the world's largest collection of rare automobiles and owns an impressive array of approximately 7,000 vehicles, with an estimated total value exceeding 5 billion dollars.

What is the highest selling price car of all time? ›

Here are the 20 most expensive cars ever sold at auction
  • $30,255,000 - 1967 Ferrari 412P. ...
  • $35,711,359 – 1957 Ferrari 335 Sport Scaglietti. ...
  • $38,115,000 – 1962 Ferrari 250 GTO. ...
  • $48,405,000 – 1962 Ferrari 250 GTO. ...
  • $51,705,000 - 1962 Ferrari 250 GTO by Scaglietti. ...
  • $142,000,000 – 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe.

What is the highest auction price in history? ›

He scooped up the invaluable artwork for $450 million. But perhaps the most interesting thing about this most expensive item to ever sell at auction, is that there's still skepticism around whether it's authentic.

What was the first car to reach $1 million sold? ›

The very first model to break the mythical barrier of one million units produced or sold in one year was the Ford Model T.

How much did the Ferrari 250 GTO sell for? ›

The factory-owned racer hammered for a total of $51,705,000 with fees. The only factory-owned Ferrari 250 GTO Series 1 has just made history at an RM Sotheby's Auction, with a final sale price of $51,705,000 making it the most expensive car from Maranello to ever sell in a public forum.

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