By on August 26, 2018

A 1962 Ferrari 250 GTO became the most expensive car ever to have the gavel dropped on it at an RM Sotheby’s auction during Monterey Car Week. How much did the the cavallo rosso sell for? A jaw-dropping $48.4 million.

That’s the kind of money you’d expect someone to spend on a second-hand jet fighter, not an automobile. But it’s not as wild of a price for a vintage Ferrari as one might expect. The previous auction record was also set by 250 GTO. That vehicle, a 1963 model, was sold for $38.1 million four years earlier.  (Read More…)

Recent Comments

  • Lou_BC: @Old_WRX – please explain “gain of function research” Any evidence that SARS-COV-2 was man...
  • Lou_BC: @Masterbaiter – Pursuant to that “liberty” comment. “Talking to the stupid is futile....
  • Lou_BC: @ect – thanks. Much appreciated.
  • ect: Lou_BC, I applaud your persistence in trying to put actual facts in front of people who are determined to ignore...
  • Lorenzo: You can’t go wrong with guacamole. This stock? If your intent is to double your money, the best advice...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Mark Baruth
  • Ronnie Schreiber