What Ferrari sold for $70 million?
Ferrari 250 GTO ($52 Million and $70 Million) In 2018, Chassis 4153 GT, a 1963 Ferrari 250 GTO, was sold in a private transaction for a staggering $70 million, setting the record for the most expensive classic car ever sold. The buyer? David MacNeil, the founder and CEO of WeatherTech, the premium automotive accessories company.David MacNeil got more than a rare car last year when he spent a reported $70 million to purchase one of only about three-dozen 1963 Ferrari 250 GTOs. He also got a spot on the list of the world’s top 100 car collectors, a list annually compiled by The Collector Car Trust and published in its yearly magazine, The Key.The current record for world’s most expensive ferrari was set in june 2018 when a 1963 250 gto (chassis 4153gt) was sold to david macneil in a private sale for $70 million.
Which country buys the most Ferraris?
United States still ahead. The United States remains Ferrari’s flagship market. In 2024, the brand sold 3,527 units, representing an increase of 12. Americans continue to embrace Ferrari models, particularly the Purosangue SUV and the Ferrari F80. The 575 Superamerica is going to be an excellent long term investment. A car that I think is very undervalued today and has a lot of room for appreciation. The Ferrari five seven five Super America.It is increasingly gaining traction among collectors, mostly because some think it’s underrated, and therefore underpriced. After pandemic-fueled surges and 2025’s steady plateau, classic Ferrari prices are going up again, and the F355 is leading the charge.
Is a Ferrari a good investment?
As compared to other exotic car brands, Ferraris tend to hold their value well. Studies have shown that many Ferrari models depreciate at a slower rate than other exotic cars of the same caliber. While some depreciation is expected in the first decade, most models stop depreciating after about 10 years. Value Retention Many vehicles tend to experience depreciation over time — but when it comes to Ferraris, the opposite is often true. Ferrari vehicles tend to hold their value over time, and often even appreciate in value.
Where is the cheapest country to buy a Ferrari?
In addition to being well-maintained, used Ferraris in Italy generally sell for much less than they would here, and there are also no import costs. If buyers act smart, they can get a new Ferrari for 10-20% lower prices than those that are running in the US or UK. The blacklist doesn’t prevent you from buying any Ferrari whatsoever – you can still walk into a dealership and purchase a Roma or 296 GTB, assuming there’s stock available. You could even buy a pre-owned Ferrari through private channels.You may never get on Ferrari’s VIP list, despite owning a Ferrari. Obtaining an ordinary Ferrari is difficult, but procuring an extremely rare or limited edition Ferrari is almost unattainable for an average person.
Is insurance expensive for a Ferrari?
The average cost to insure a Ferrari is $650 per month, adding up to approximately $7,800 per year. However, your insurance premium will vary based on factors such as your age, location, driving history, and the specific Ferrari model you own. Yes, Ferrari auto insurance tends to be more expensive than regular auto insurance. This is due to the higher value of the vehicles, increased repair costs, and the specialized coverage options necessary to protect luxury cars.