Classic cars have a huge following across the world. Even though these cars are expensive, limited in numbers and hard to maintain, people are willing to pay the premium price of owning and maintaining them. That said, some classic cars are more expensive than the others and some have a price tag bigger than that of the latest high-end models.
Today, we will take a look at classic cars that were sold at incredibly high prices and the reasons people were willing to pay that price for these gems.
Most Expensive Classic Cars Ever Sold at an Auction
The following are the most expensive classic cars sold at auctions. To justify their prices, let’s take a look under the hoods specs of these cars including engine size, horsepower and top speed.
1. 1964 Ferrari 250 LM
The classic car had only 32 models. In 2015, the most expensive Ferrari 250 LM was sold for a whopping $17.6 million at an auction. This was the same classic car that took first place at the 24 Hours of Le Mans in 1965. Ferrari LM 250 proved to be really successful on the track, exhibiting remarkable poise, thanks to its combination of handling and horsepower.
Under the Hood: 1964 Ferrari 250 LM
Engine: 3.3-litre V-12
Horsepower: 320
Top speed: 180 mph
Historians, owners and car enthusiasts usually praise the 250 LM as one of the greatest Ferraris of all time. Owning this classic car is far from reality for most because of its high price and maintenance. That said, if you’re a Ferrari fan, go through this list of used Ferraris for sale in the UAE.
2. 1959 Ferrari 250 GT LWB California Spider Competizione
This 250 GT LWB California Spider Competizione is the alloy body Ferrari that finished fifth in the 1960 12-hour Sebring race. In 2016, the car was sold for a whopping $18.15 million at a Gooding and Company auction.
Later on, in 2017, another Ferrari 250 GT LWB was sold for $17.99 million at a Sotheby’s auction. This Ferrari had scored fifth place overall at the 1959 Le Mans.
3. 1994 McLaren F1 LM
This is the youngest, most expensive classic car sold at an auction. That said, McLaren F1 is a renowned supercar designed with great attention to detail. From 1994 to 1997, only 64 F1s were built. In 2019, Mc Laren F1 was sold for $19.805 million.
Under the Hood: 1994 McLaren F1 LM
Engine: 6.0-litre V-12
Horsepower: 627
Top speed: 230+ mph
This car sold at the auction was an F1 “LM,” (limited-edition model) created to celebrate F1’s victory at the 1995 Le Mans. Here is a list of used McLarens for sale in the UAE for all the McLaren enthusiasts.
4. 1961 Ferrari 250 GT SWB California Spider
Another classic car sold at an auction is the Ferrari 250 GT SWB Spider. The classic Ferrari was sold at an auction in 2015 for $19.85 million. The model was found in a barn and belonged to famous movie star Alain Delon. This is the most expensive Ferrari 250 GT ever sold. It is also among the rarest cars in the world.
Under the Hood: 1961 Ferrari 250 GT SWB California Spider
Engine: 3.0-litre V-12
Horsepower: 277
Top speed: 149 mph
5. 1939 Alfa Romeo 8C 2900B Lungo Spider
This is another car that made it to the list of most expensive cars at auctions. The pre-war Alfa Romeo is among the most striking classic sports cars. The Alfa Romeo 8C 2900B Lungo Spider – one of the only 12 existing Spiders, was sold at a Sotheby’s auction for a whopping $19.8 million.
Under the Hood: 1939 Alfa Romeo 8C 2900B Lungo Spider
Engine: 2.9-litre 8-cylinder inline engine
Horsepower: 180
Top speed: up to 105 mph
If you are a fan of the auto brand, here is a list of used Alfa Romeos for sale in the UAE.
6. 1963 Aston Martin DP215
The 1956 Aston Martin didn’t win in any races. That said, the model still remains one of the world’s most desirable cars. The classic car was sold for an enormous amount of $21.455 million at a Sotheby’s auction in 2018.
Under the Hood: 1963 Aston Martin DP215
Engine: 4.0-litre 6-cylinder inline engine
Horsepower: 326
Top speed: up to 198.6
Here is a list of used Aston Martins for sale in the UAE. Go through the models and select the one that goes with your driving needs and personality best.
7. 1955 Jaguar D-Type
The Jaguar D-Type is a legendary sports car that has won races in nearly impossible road conditions at le Mans. This is what gained the car a place among the most valuable British cars. The 1995 Jaguar D Type classic car was sold for a staggering $21.7 million in 2016.
The Jaguar D-Type race cars won the 24 Hours of Le Mans in 1955, 1956, and 1957.
Under the Hood: 1955 Jaguar D-Type
Engine: 3.4-litre 6-cylinder inline engine
Horsepower: 250
Top speed: up to 156.8 mph
The Jaguar D-Type is an eye-catching vehicle, packed with performance features. If you are a fan of Jaguar cars, here is a list of used Jaguars for sale in the UAE.
8. 1956 Aston Martin DBR1/1
Sold at a staggering $22.5 million, the 1956 Aston Martin racing car sets the record of being the most expensive British car to sell at an auction. The car sold at the Sotheby’s auction was among the first five Aston Martin DBR1s ever produced.
Under the Hood: Aston Martin DBR1
Engine: 2.9-litre V-6
Horsepower: 301
Top speed: up to 155 mph
This is all about the most expensive cars sold in an auction. People in Dubai can find these and other cars in the Dubai car auction and enjoy luxurious rides. Those were some of the most expensive classic cars sold at an auction. Besides, if you own a classic, here is a useful guide on classic car maintenance.
On the contrary, if you’re passionate about modern cars, explore this list of used cars for sale in the UAE.
Stay tuned to your favourite cars blog for more on different types of vehicles.
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