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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.
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
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
I worked with Mathew on getting my first Japanese Kei truck. The process and communication were great. For me the back-and-forth communication was the reason why I decided to go... read moreJohn Penny6/12/2022
Taylor at JCD has been incredibly helpful in my search for a couple of unique rigs from overseas -- We've scored one, and are looking forward to finding another.
Taylor's professinoalism,... read morecamden lindsay5/31/2022
After seeing quite a few Kei Trucks on the road, I was intrigued. Seeing the local retail prices gave me sticker shock, so I immediately thought there has to be... read moreChris Okano5/24/2022
Can't fault these guys - this was the first time I've bought a car at any auction, let alone one in Japan. The support from Yoshiro was brilliant, very patient... read morePhil Stebbing4/14/2022
Japan Car Direct helped me find my dream car. We found a great deal on an ST205. Yoshiro was fantastic and super responsive and patient with all of my questions.... read moreBrandon Moore4/11/2022
So pleased with our companies new Japanese mini-truck import. Japan Car Direct made it all too easy. We made a few first-timer mistakes on the paperwork but the next import... read moreMARKNADEN Studio4/08/2022
Great dependable business! Highly recommended! Thank you Mathew for all your hard work!Dmitri Gordei3/30/2022