The highly desirable Ferrari 250 GTO is famous for being the most expensive car to ever sell at auction. Back in 2014, a fetching 1962 example sold for an eye-watering $38 million. However, a very Ferrari 250 GTOs already held the record for the highest prices paid for any car, with a private sale last year reaching well above $50 million. In August 2014, the highest price ever paid at a collector car auction was recorded by a 1963 example that went for more than $38 million at a Bonhams sale held at the Quail Lodge during Monterey Car Week. The car-collecting expert said that prices for the rarest Ferraris have risen 15 percent a year on average for more than 30 years. Images show other Ferrari 250 GTOs, not the record-breaking car Prices. The Ferrari 250 GTO was priced at $18,500 in 1962. In 2014, that would mean around $150,000. But the GTO is more valuable than that nowadays, with chassis number 5111GT holding the record The Italian sports cars have sold for record prices at auctions this week. A Ferrari 250 GTO sold Thursday night for just over $38 million, becoming the highest-priced vehicle ever to change hands The most expensive Ferrari ever sold at public auction is a 1962 Ferrari 250 GTO / 330 LM that achieved the highest price of $51,705,000 at a special RM Sotheby’s sale in New York in November 2023. The new record price for the most expensive Ferrari ever sold in a public auction increased to $51,705,000 paid for a 1962 Ferrari 250 GTO / 330 The star lot at the RM Sotheby’s sale, the Scaglietti-bodied Ferrari 250 GTO went for $48.405m (£37.51m) – comfortably usurping the previous auction record (set in 2014 by another 250 GTO) of $38m (£23m). As a result of the sale, Ferraris now make up six of the 10 most expensive cars ever sold at auction, with and without taking inflation A 1963 Ferrari just sold for $70 million, believed to be the highest price ever paid for a car, according to sources. The 1963 Ferrari GTO — one of only 36 that were made — was sold in a WeatherTech founder David McNeal dropped $70 million on this 1963 Ferrari “4153” 250 GTO, and yet, the most incredible part of this whole deal is that he probably didn’t overpay for it. That A Tour de France-winning 1963 Ferrari 250 GTO has changed hands for a reported $70 million. for an owner to part with one at any price. will be part of one of the largest Ferrari auctions t5qlnz.