Tag: Auction (Industry)

Most expensive cars sold in auction

This is a list of the most expensive cars sold in auto auctions through the traditional bidding process, consisting of those that attracted headline grabbing publicity, mainly for the high price their new owners have paid. A 1963 Ferrari 250 GT/O serial number 3851GT sold at Bonham's Quail Auction on August 14, 2014 for US […]

Most Expensive Car Ever Auctioned Sells for $38M

Aug. 15 (Bloomberg) — The most expensive car ever auctioned was sold Thursday night in Pebble Beach, California for a record-breaking $38.1 million. The very-rare Ferrari 250 GTO has sat at the top of the classic-car pyramid for years. Bonhams Group Motoring Director James Knight explains why this car is worth millions. Video by: Alyssa […]