Old is indeed gold but how about that vintage car in your garage? 32 million dollars is the highest recorded price paid for a vintage car. With prices ranging from 100,000 dollars to 20 million dollars, vintage cars are quite the rage. These cars aren’t meant to give you the longest distance per mile or withstand that slight bump on the rear. These cars are meant to be locked away, only to be talked about at a party!
Automotive aficionados see these cars as sheer pieces of art. Most of them were made in limited numbers and are considered to be the record-breakers of their times. They are truly miracles of engineering that glorify speed and luxury.
This Ferrari 250 GT that sold for 32 million dollars is one of only 39 that came out of Ferrari’s manufacturing unit. It is said to be the fastest Ferrari car of its generation and the apple of a number of wealthy eyes!
The big names like Ferrari, Bentley, Mercedes, Audi and so on, tend to increase in value with time. The 1957 Ferrari TestaRossa, the 1931 WhittellDuesenberg Coupe, the 1937 Mercedes Benz 540K, the Bugatti Veyron Grand Sport L, the 1986 Lamborghini Marsal, the 1970 Porsche 911, the 1933 Bugatti Type 51, to name a few, have been auctioned for prices ranging from 1 million to 17 million dollars.
These cars have become a sense of class considered as a collector’s item. So the next time you think of trading your old car in for a new one, think twice. Perhaps cars need to age like wine!