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1962 Ferrari 250 GTO – The most expensive car ever?
In the last five years alone, one was auctioned for $38 million, another reportedly sold for $52 million, and still another sold in June 2018 for $70 million, making it the most expensive car ever sold.
Now RM Sotheby’s is offering a 1962 Ferrari 250 GTO that could set a new world record. Scheduled for auction in Monterey this August 25, it was the third of only 36 GTOs ever built, test driven by renowned F1 champion Phil Hill, and raced to several victories including the Italian National GT Championship in 1962, where it won nine out of ten races.
While listed by RM Sotheby’s at $45 to $60 million, it is likely to sell for more. The auction house describes it as “the most valuable automobile ever offered for public sale” and Marcel Massini, a world-leading expert on collectible Ferraris as well as one of the inspectors of this particular vehicle, was recently quoted as saying, “We will see a GTO sell for $100 million in the next two to three years.”
The tremendous appeal of the Ferrari 250 GTO lies in its unparalleled beauty, exclusivity and racing success. Many consider it the most attractive Ferrari ever built. Its impeccable handmade quality has kept all 36 examples intact. And its victories (or first in class) in nearly 300 races worldwide make it one of the most celebrated racing cars in the annals of Ferrari history. Of course, the naturally aspirated V12 engine with addictive exhaust note is another feature that keeps collectors and enthusiasts dreaming.
Dreamers who aren’t billionaires can satisfy their Ferrari passion by purchasing a new Ferrari such as the 2018 Ferrari 812 Superfast with 12-cylinder engine, the fastest production Ferrari ever made —for a mere $315,000.
Others choose to quench their lust for Italian power and style with affordable used Ferraris they dreamed of in their youth. In markets like Japan, where used car dealers and used car auctions offer over 150,000 vehicles every week, old Ferraris in exceptional condition can be purchased and imported to one’s home country at surprisingly affordable prices.
This gorgeous Ferrari Testarossa, for example, was purchased in Japan by Japan Car Direct and exported to its happy owner abroad. Few cars in history have so dramatically captured the world’s imagination.
This 1994 Ferrari 512 TR supercar is another example of used Ferraris from the past that still press all the right emotional buttons.
When you’re ready to follow your passion and purchase the used car of your dreams, whether used Ferrari supercar or used European luxury sedan, be sure to contact Japan Car Direct and compare. We make the purchase and import process easy.
It was my first time buying a car online, let alone overseas. These guys are legit!!!
Yoshi has been very patient, transparent and prompt with all queries. The car was exactly... read moreBobby Capa11/22/2022
FIRST TIME BUYER
So…. I have just ordered my second car from Yoshiro Nakajima at Japan Car Direct. Keep in mind my first car has only just gotten to the port,... read moreAlpesh Patel9/11/2022
Great service. This was my first time importing a car from Japan. Everything was well explained and the whole process went very smooth. Would highly recommend!! Thank you Yoshi!John Power9/08/2022
Importing through Japan Car Direct has been a great experience through and through. Their assistance in the auction and bidding process and arranging shipping is top notch. More importantly their... read morePeter Hagemeyer9/07/2022
Awesome experience working with Taylor, he was extremely helpful and patience. It was my first time exporting a vehicle and he walked me through step by step and didn't... read moreEric Southerland9/06/2022
Japan Car Direct made buying a car from Japan dangerously easy. 🙂 Yoshiro was a great help. He was responsive and supportive through the whole process. They have... read moreTim Meunier9/04/2022
I had an excellent experience working with Matthew at Japan Car Direct. I was a first time auction buyer and importer to the United States. Mathew walked me through... read moreAlex Spiegel8/11/2022
A great experience for my first time importing a car from Japan. Mike’s customer service was second to none and all the paperwork was in order.Bobby Crumpley8/03/2022
Matthew at JCD is the man. I’ve now imported three of my own cars through him. JCD was able to accommodate my unique needs, everything from short turn around inspections,... read moreChan Shin7/29/2022
I highly recommend Japan Car Direct. They help you find exactly what you are looking for and are with you throughout the entire process. Import was seamless. Mike was great... read moreSir Selrahc7/14/2022
Before this I have never imported any vehicles to NZ let alone one from Japan! I decided to give these guys a shot and bought a JDM Tesla into the... read moreEdward Yuan7/11/2022
Great experience. Extremely easy process and Kept me well informed. Highly recommend them if looking to purchase a vehicle from Japan.Antonio Sevilla7/08/2022
It's hard to say anything that hasn't been said from other reviewers! This was my first experience importing a vehicle. Mike Nguyen was super patient with me and my indecisiveness.... read moreLaw_of_the Za6/30/2022
I used Japan Car Direct's services to import a Nissan Silvia from Japan to Australia. Mike was very helpful from start to finish and definitely made the process stress free.
The... read morematthew martin6/24/2022
Just picked up my car that I bought through JCD. I was a complete newbie about buying a car overseas and Mathew was kind enough to basically hold my... read moreTK Mad6/18/2022