Daily Auto News The $40 Million Car
Daily Auto News
And we thought there was a recession going on.
Jalopnik reports, “Last week the Mullin Automotive Museum purchased a 1936 Bugatti Type 57SC Atlantic from Dr. Peter Williamson’s estate for between $30M and $40M, making it the most expensive car ever sold.”
Autoblog explains the car’s stratospheric price tag. “Widely regarded as one of the most beautiful automobiles ever created, it’s not every day that a Bugatti Type 57SC Atlantic changes hands. Only four of examples were ever made, and only two or three of them are still around today.”
The Wall Street Journal says, “The Bugatti sale was brokered by Gooding & Company, the automotive auction house based in Santa Monica, Ca., and has reportedly been in the works for some time. It’s not unusual for such transactions to remain private because both buyers and sellers typically like to remain anonymous. However, the car collector world knew that after Williamson’s death in 2008 it was only a matter of time before the car – widely acknowledged as the most desirable classic automobile in the world – would be sold.”
The Journal adds, “The most valuable car ever sold at a public auction was a 1957 Ferrari 250 Testa Rossa, which sold in Maranello, Italy, in May 2009 for $12.2 million.”
Looking for a new car, but have less than $40 million burning a hole in your pocket? Check out the U.S. News rankings of this year’s best cars as well as this month’s best car deals.
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