1962 Ferrari 250 GTO Price

1962 Ferrari 250 GTO Price

Today's luxury topic is The Most Expensive Car In The World Luxury cars have always been a symbol of prosperity and while the young millionaires go for the latest super-cars, the true wealthy go for age and history! That's why every year we're seeing more and more money go towards vintage automobiles! Ferrari is the biggest name in the luxury automobile space and the Ferrari 250 GTO is the most prized model the company ever put out. Last year, a 1962 Ferrari 250 GTO was sold at at Bonhams' Lodge Auction in California for a staggering amount of 38 Million Dollars making it the most expensive car in the world. Now that's an expensive price tag, even for the world's richest! Ferrari GTOs are among the holy grails of the car auction world. Ferrari made only 36 of them and they were the dominant race cars of the mid-1960s. This specific one, came second in the 1962 Tour de France and has an incredible history which will be covered in the full story! GTOs rarely come up for sale and when they do, it's usually behind close doors! Rumors talk about a private sale back in 2013 where a 250 GTO was sold for $52 million to an anonymous buyer,, but the rumors have never been confirmed! If you had the money, would you spend it on such an extravagant purchase or would you use it for something else?
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