New Top 10 Most Expensive Cars of All Time

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Bonhams rocked headlines around the world on Friday, July 12, when it sold the much-hyped ex-Fangio 1954 Mercedes racer for $29.5m — a new world-record price for a car sold at auction. And just two months ago, RM sold a 1953 Ferrari 340/375 MM Competizione coupe for $12.8m at Villa Erba, which now stands as the third most expensive car sold at auction. Will we see another eight-digit sale in Monterey? Well, until then, here are the Top 10 Most Expensive Cars of All Time.

Rank Year Make Model Price Auction Co. City Date
1 1954 Mercedes-Benz W196R Formula 1 racer $29,496,308 Bonhams Chichester 7/12/2013

 

2 1957 Ferrari 250 Testa Rossa $16,390,000 Gooding & Co Pebble Beach

8/20/2011

 

3 1953 Ferrari 340/375 MM Competizione coupe $12,812,800 RM Auctions Villa Erba 5/25/2013

 

4 1957 Ferrari 250 Testa Rossa $12,402,500 RM Auctions Maranello 5/17/2009

 

5 1936 Mercedes-Benz 540K roadster $11,770,000 Gooding & Co Pebble Beach 8/18/2012

 

6 1960 Ferrari 250 GT LWB California Spyder Competizione $11,275,000 Gooding & Co Pebble Beach 8/18/2012

 

7 1968 Ford GT40 Gulf/Mirage Lightweight racer $11,000,000 RM Auctions Monterey 8/17/2012

 

8 1961 Ferrari 250 GT SWB California Spyder $10,894,400 RM Auctions Maranello 5/18/2008

 

9 1931 Duesenberg Model J LWB “Whittell” coupe $10,340,000 Gooding & Co Pebble Beach 8/20/2011

 

10 1931 Bugatti Type 41 Royale $9,800,000 Christie’s London 11/17/1987
Tony Piff

SCM Auctions Editor and Photographer

Tony has long trumpeted the virtues of collecting Japanese cars. His daily driver is a 1970 Toyota Hilux — the one with the turn signals on top of the fenders. His popular “Rising Sun” column keeps a pulse on the J-tin market.

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