the $38 MILLION Car

[Quick GMC]

https://www.bonhams.com/auctions/21917/lot/3/

[Dragline]

Lots of great detailing pics for us mortals.

Gosh, that's a lot of money.

[DonW]

It makes a lot more sense than the $10.9 million that Chris Evans paid for a 250 SWB Ferrari California Spider in 2008. And then he repainted it in white...

http://www.telegraph.co.uk/motoring/classiccars/6937571/Chris-Evans-Ferrari-250GT-California-Spider.html

[Custom Hearse]

Here's another story on it, but was it worth it?

https://autos.yahoo.com/blogs/motoramic/1962-ferrari-250-gto-sells-for--xx-million-215035968.html

And a story about a driver who died in this car. At one point, the car had almost been broken in two...

https://autos.yahoo.com/blogs/motoramic/1962-ferrari-250-gto-berlinetta-looks-to-set-new-world-record-despite-its-tragic-history-160144960.html

[unclescott58]

A real '62 GTO. That maybe one of the few cars worth the price? Then again. $38 million for a car? Any car? If a car is worth $38 million this is the one.

Scott

[1930fordpickup]

For some reason I have a hard time comparing these hand built works of art with the average car. These cars should be compared with Art not other cars.

[Quick GMC]

For some reason I have a hard time comparing these hand built works of art with the average car. These cars should be compared with Art not other cars.

They're still just cars. This one gets driven pretty regularly, art sits on a shelf. It's a nice car, but it's a car.

[1930fordpickup]

I was just talking about the price, and the way they were made.

[sjordan2]

For some reason I have a hard time comparing these hand built works of art with the average car. These cars should be compared with Art not other cars.

Agreed. There are different levels of everything, and different standards for one-of-a-kind collector cars with legendary provenance vs. others. 2-3 years ago, the Mullin Museum paid a reputed $35 million for one of only four Bugatti Atlantics ever built. And I'll bet anything that there are private art collections hidden away in places like Japan, Russia, China, etc., where the prices were even higher, on record at auction for well over $100 million -- like Picassos, daVincis, et al (that would be Al Rembrandt).

Edited August 15, 2014 by sjordan2

[Modelmartin]

It isn' like it is rare or anything. They built 39 of them!

[sjordan2]

It isn' like it is rare or anything. They built 39 of them!

All of which are still running. But no two are alike.

I can hardly wait for someone to pipe in here with "more money than sense."

Edited August 15, 2014 by sjordan2

[Deano]

OK. "More Money Than Sense." You're welcome; I aim to please!

[Harry P.]

I would love to pull into the local Jiffy Lube with one of these... just to see the reaction.

What are the odds they'd have the correct filter in stock?

[Harry P.]

I can hardly wait for someone to pipe in here with "more money than sense."

Skip, I know you know this, but just in general for the masses ... once an item attains a certain level of collectibility, whether it's a car or a painting or a rare stamp or whatever... once that item gets into the stratosphere of price, it's no longer a matter of "what it's worth," it's a matter of how much a given collector is willing to pay to own it.

And the "more money than sense" argument doesn't wash. With items like this, no matter what you pay for it, odds are you can turn around and resell it for a profit. Every sale sets a price precedent. And the moneyed set knows that. Believe me, these gazillionaires aren't stupid... they have plenty of sense. That's why they're gazillionaires in the first place (unless like Paris Hilton, they inherited their money)...

[Belugawrx]

Throw it into 1:1 Reference Pictures!

Got any More!?!

Cheers

[jaymcminn]

I don't begrudge the buyer one cent of the purchase price. If I had real honest-to-God "f-you" money this is the first thing I'd buy.

[Modelmartin]

All of which are still running. But no two are alike.

I can hardly wait for someone to pipe in here with "more money than sense."

There are probably 75 of them out there now with all the counterfeits!!!