Most Expensive Cars Auctioned - The Ten High dollar Club

Most Expensive Cars Auctioned - The Ten High dollar Club

The vintage car auction is becoming so popular over the years it is now officially any social event in some areas or at least value around the clock televising on the Speed Channel. Part and parcel for this is the sheer value of the vehicles for sale. The idea that cars might sell in the vast amounts hasn't been laughable for the last 20 years. In this article, we take a look at the new patience - the ten zillion or more dollar automobiles. Most Expensive Cars in 2015

What is the value of a vehicle? Well, it certainly is not the price of the parts and labor used to make it. When it comes to classic autos, the value seems to be powered by the brand, the history of the vehicle, the limited number produced as well as, of course, the condition of your vehicle. Tied together, many wealthy individuals currently view these vehicles as investments akin to buying stock in the company or quality art pieces. They expect them to appraise as time passes.

The last 20 years have experienced some amazing automobiles come up for auction. From Ferrari's to Shelby's for you to Bugatti's, the bidding has been hot and heavy. Your "most paid for" award replaced so many times that one were required to begin to wonder whether buyers were pricing the vehicle on its value or just a desire is the top price on the market! Well, the 1931 Bugatti Royale Kellner Car was the top pet for a very long time not surprisingly effort with a profitable bid of a shocking $9.7 million dollars. Most Expensive Cars in 2015

At some point, everyone knew your $10 million dollar barrier can be exceeded. It took a Ferrari to get it done. In 2008, Bob Evans of the UK paid for $10.9 million for any perfect 1961 Ferrari 250 GT SWB Los angeles Spyder smashing the Bugatti record by an unheard of $1.2 million. It took merely one more year with the record to be smashed when a 1957 Porsche 250 TR was marketed at auction regarding $12.2 million. To this date, both of these Ferrari's are the only automobiles in the $10 million or more category. Don't expect that to last for long!