Thus, the Ferrari 250 GTO is also the most expensive car in the world today, with a 1962 model being bought back for $48,405,000 at an auction organized by RM Sotheby in August, far surpassing any other car ever auctioned in history.
Ferrari 250 GTO
If we consider the current world gold price at $1,237.48 per ounce ($39.78 per gram), the value per gram of the 250 GTO is still more than one and a half times higher when it reaches $55 (standard vehicle weight 880 kg).
Therefore, those who have invested in a 250 GTO are sure to (or have already) made a large profit, especially when in the past, this car was priced at less than… $4,000.
Of course, not every 250 GTO has the “sky-high” price as mentioned above. However, considering the current trend of increasing prices for vintage cars, the $50 million milestone per car could be broken in just 5 years as long as the vintage car market does not collapse like in the past.
Reference: AutoClassics
Rare vintage car used for 30 years, previous owner requests to buy it back in Binh Duong
During events such as the U23 Vietnam football team winning the championship, or the Becamex Binh Duong football team’s victory, or during holidays, festivals, and summer festivals, Mr. Loc rides his car to cheer and celebrate on the streets.
Morgan Plus 4 Arrives in Vietnam: When the Wealthy Opt for “Simple” Interiors
Morgan Plus 4’s design is incredibly deceptive.
Soviet Minister’s Car Shines Bright After Rebirth
Over time, especially since the country opened up in the 1990s, Soviet cars have gradually disappeared to be replaced by Japanese, American, and European cars. Many Volga, Lada, and UAZ cars were liquidated from state agencies and transferred to civilian registration, but they did not exist for long before a wave of both imported and assembled cars flooded the streets. Soviet cars slowly drifted away and became a nostalgic reminder of a generation that has gone through two wars.
Vietnamese mechanic restores 43-year-old Volga: Revamps over 100 parts, adds extra features.
The 1980 Volga is in a fairly worn-out condition with numerous details that are almost beyond repair and require a complete overhaul.
