Therefore, the Ferrari 250 GTO is now the most expensive car in the world, with a 1962 model selling for an astounding $48,405,000 at an auction held by RM Sotheby in August. This price far exceeds any other car ever auctioned in history.
Ferrari 250 GTO
If we consider the current price of gold 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 (with a standard vehicle weight of 880 kg).
Therefore, those who have invested in a 250 GTO are certain to have made or will make a significant profit, especially considering that in the past, this car was priced at less than… $4,000.
It’s important to note that not every 250 GTO comes with such an exorbitant price tag. Nonetheless, given the current trend of increasing prices for vintage cars, it’s likely that the $50 million mark per car will be surpassed within the next 5 years, as long as the vintage car market doesn’t experience a crash similar to what happened in the past.
Reference: AutoClassics
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