High-priced vintage cars make a new entrance

Classic car exhibitions and auctions take place all over the world, from Monte Carlo, Maranello, and Monterey to Manhattan… Last week, for the first time in over a decade, a classic car auction was held in New York. And immediately, this auction was a success with several million-dollar cars being sold.

One of the highlights of the recent auction in New York was the 1964 Ferrari 250 LM, which sold for a staggering $14.3 million. Initially, the estimated price for this iconic supercar was around $12 to $15 million.

Also up for auction was a 1938 Talbot-Lago T150-C SS Teardrop Cabriolet, which fetched a price of $7.15 million. It’s worth mentioning that very few of these Talbot-Lago T150-C SS Teardrop Cabriolets are still intact, with only 20 coupes ever being produced.

The recent RM auction in New York raised a total of $62,797,500, with 93% of the lots being sold.

In addition to the Ferrari 250 LM and the Talbot-Lago T150-C SS Teardrop Cabriolet, other cars also commanded high prices. These include the 1959 Ferrari 250 GT SWB Berlinetta, which sold for $7.04 million, and the 1954 Maserati A6G/2000 Spyder Zagato, which sold for $4.455 million. According to Autoblog, out of the 31 cars that were auctioned, 16 were sold for over $1 million.

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High-priced vintage cars enter a new era.

The price of the Talbot-Lago T150-C SS Teardrop Cabriolet is an impressive 7 million dollars, but it is overshadowed by the astounding price of 14 million dollars for the Ferrari 250 LM.