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 |