Thursday, May 6, 2010

Most expensive car ever has been sold for $30+ mil

The coveted and ultra-rare car has been auctioned off to an undisclosed buyer for an undisclosed amount. However the amount is said to be between $30 and $40 million, which makes the 1936 Bugatti Type 57SC the most valuable car in the world. The car was auctioned off by Gooding and Company, the world-renowned auction house that was entrusted to the estate that formerly owned the Bugatti.

This "almost" one of a kind car was the winner of the Pebble beach Concours d'Elegance best in show car in 2003. The price-tag associated with this car is largely due to it's rarity. Only 4 models were ever made and each were made slightly different. This particular Bugatti was the first one made and is often described as the most beautiful car ever made (or at least pre-war). It is reported that only 2 Bugatti Type 57SC Atlantic cars are still in existence today, the other is owned by Ralph Lauren.

Source: Gooding and Company

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