How much does a 1962 Ferrari 250 GTO cost?
Ferrari GTO from 1962 that raced at Le Mans sells for a record $51. Its place in history is undisputed’ The 1962 Ferrari 250 GTO that sold for $51. 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.The value of a 1962 Ferrari 250 GT SWB can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $6,100,000 for a 1962 Ferrari 250 GT SWB in good condition with average spec.Mercedes-Benz 300 SLR Gullwing Uhlenhaut In May 2022 a new record was set for the most expensive car ever sold, when a 1955 Mercedes-Benz 300 SLR Gullwing Uhlenhaut was sold at auction for $142.The current record for world’s most expensive Ferrari was set in June 2018 when a 1963 250 GTO (chassis 4153GT) was sold in a private sale for $70 million. In 2004, Sports Car International placed the 250 GTO eighth on a list of Top Sports Cars of the 1960s, and nominated it the top sports car of all time.Ferrari 250 GTO ($52 Million and $70 Million) Before being sold in 2013, it was owned by Paul Pappalardo, who reportedly restored it and raced it in a number of heritage race series. In 2018, another Ferrari 250 GTO in silver blue became the most expensive vehicle ever sold at $70.
How many Ferrari 250 GTO exist today?
Altogether, only 36 Ferrari 250 GTO models were ever produced. Each model is currently accounted for, with notable owners over time including the likes of Ralph Lauren, jewelry heir Gianni Bulgari, and the WeatherTech founder and CEO David MacNeil who paid a reported $70 million for his 1963 Ferrari 250 GTO. Ferrari 250 GTO ($52 Million and $70 Million) With the 4 most expensive Ferraris ever sold all being the same model, even the smallest of differences can lead to massive shifts in value. Nearly $20 million separates two 1963 Ferrari 250 GTO models, and that’s due in large part to the shape it’s in.The 250 GTO had removable D-shaped panels, with an A-arm front suspension system. With only 36 units produced from ’62 to ’64, the 250 GT0 was a rare icon from the get-go. Moving into the 21st Century, the model grew into one of the most valuable cars in the world, with a 1963 model selling for $70 million.With this engine and design, the Ferrari 250 GTO won the GT World Championships in 1962, 1963, and 1964. It also had victories at Sebring 12-hour, Le Mans, Targa Florio, and Spa 1000km. Placing first in its class, the Ferrari won over 300 races worldwide during its time on the track.
Why is the Ferrari 250 GTO so expensive?
Hagerty considers that the Ferrari 250 GTO is at the pinnacle of collectable cars because it combines so many of the attributes that enthusiasts lust after: a dominant racing record in period; a beautiful and instantly recognisable body; a phenomenal engine; very limited production numbers; and that special prancing . Not just anyone can buy a Ferrari. The Italian sports car maker has long aimed to foster its image of exclusivity by selling fewer cars than the market demands. It’s a strategy that limits growth but also shields Ferrari from booms and busts—like the slowdown in China that is bedeviling other luxury auto makers.Ferraris have a higher cost of materials and manual labour With exotic leather interior and carbon fibre parts, the Ferrari is created to not only be driven, but to be noted as a work of art.Ferrari also uses superior materials for every single car component. From the suspension to the Italian leather, everything is made with strong, quality materials. This is also reflected in the design of the car. With Ferrari a model for high luxury fashion, this is reflected in the cost.
What is the cheapest Ferrari?
Ferrari Roma The cheapest current Ferrari is the Roma, and although it might come with a starting price well north of $200K, used models from its debut 2021 model year have fallen under the $190,000 mark. Is there a car worth $1 billion? No, and with the most expensive car in the world being the Mercedes-Benz 300 SLR Uhlenhaut Coupé with a sale price of $142 million, we’re far from a car hitting that mark.What is the most expensive Ferrari of all time? The most expensive Ferrari of all time is the 1962 Ferrari 250 GTO, which sold for a whopping $70 million in a private sale.
Which is the rarest Ferrari?
Ferrari 250 GTO With only 36 units ever made, its scarcity adds to its allure. The 250 GTO was designed to race but won the hearts of everyone, securing a mythical status among enthusiasts. Its V12 engine, reached speeds that were unthinkable at the time, a top speed of 174 MPH to be exact. On its first outing at Monza in September 1961, prior to the Italian Grand Prix, the 250 GTO earned the nickname ‘Il Mostro’ (The Monster), due to its rough-hewn and ill fitting prototype body.
Who owns the $70 million Ferrari?
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. Ferrari Roma The cheapest current Ferrari is the Roma, and although it might come with a starting price well north of $200K, used models from its debut 2021 model year have fallen under the $190,000 mark.