Startingat a four-figure price, the GTO's value skyrocketed in the late '70s and early '80s. After the car market crash in the early '90s, the price of the GTO projected upwards to what it is today. The Ferrari 250 GTO has over the years broken several records for the most expensive car ever sold at auction or private sale. The record for the The250 GTO driven by Sir Sterling Moss (chassis 3505GT) fetched $35M in 2012 and chassis 5111GT changed hands unofficially for just over that in 2014. Hard to believe this classic sold for 1962Ferrari 250 GTO Brings $48,400,000 in Monterey to Set New Record the final sales price was $48,400,000. The car miraculously still retains its original engine and gearbox after all
TuneUp Cost: $3,500: Distributor Caps: $500 each: Chassis Number Location: the 1962 Ferrari 250 GTO chassis 4153 sold in the $70 million range (September 2018, “Collecting Thoughts,” p. 72). The work was done with the approval of Ferrari in the same shop that built chassis 3413’s original body. This is also the shop
Thevaluable 1962 Ferrari 250 GTO, a two-seater coupe, sold at an RM Sotheby's auction in California for $48.4 million. This is the highest auction price ever for a vehicle. This is the highest Whoeverwants to put it back on the road will have to come up with $1.275 million because that's how much Gullwing Motor Cars of Queens, New York, wants for this Italian classic. That's a bit Itsrarity (and, perhaps, its status as the first model built) also added to the equation, and in light of the new world auction record set by a 1962 Ferrari 250 GTO at Bonhams, chassis 06701's $26.4 million selling price was understandable. Originally owned by Steve McQueen, this 1967 Ferrari 275 GTB/4 sold for $10.175 million. Photo by author. Whileused car prices are high these days, the inflation rate on the bright red 1962 Ferrari 250 GTO going up for bids this November might just take the cake. Of course, this is no ordinary sports Themost valuable car sold at auction was a 1962 Ferrari 250 GTO, fetching $48 million at an RM Sotheby’s auction in Monterey, Calif., in August 2018. Close A 1966 Ferrari 275 GTB Becomes the
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    • 1962 ferrari 250 gto original price