What Is the World's Most Expensive Car?

Date: July 17, 2021

You may not be a gearhead or even a "car guy," but the question "What is the most expensive car in the world?" has definitely entered your mind at some point. It's something you might have pondered about while looking at purchasing a vehicle for yourself. When it comes to automobile buying, it's easy to hit your budget's limit, but what could you get if your budget was practically infinite?

Of course, the simple answer is a great deal. However, it turns out that there are a few different ways to define "most costly," so here are the world's most expensive automobiles – plural.

The most expensive car is the Pagani Huayra Tricolore, which costs $6.67 million.

It's difficult to tell what constitutes a price tag when you're this deep into the hypercar stratosphere. These cars are classified into extremely limited editions rather than trim levels. The Pagani Huayra Tricolore's price is justified in this way. Only three of these roadsters will be built, and they will include every feature Pagani has available in its Italian factory, including an 840 horsepower V12 engine.

Honorable mention: the $3.9 million Bugatti Chiron Super Sport 300+, which seems like a steal in contrast. Especially when you consider the price per horsepower, as the W12 engine produces 1,600 hp.

The highest price paid was $48.4 million for a 1962 Ferrari 250 GTO.

New hypercars and luxury cars are highly expensive, but visit a vintage car auction to see sky-high prices. A 1962 Ferrari 250 GTO sold for approximately $50 million in 2018 at RM Sotheby's. The car was expected to fetch $45 million, so the astronomical price was not unexpected when the hammer fell.

Why is this vintage automobile so valuable? For starters, it bears matching numbers, indicating that the engine and chassis were once part of the Ferrari scuderia. Only 36 were made, and this was the third in the series. It was raced by legendary driver Phil Hill before being sold to its first owner, who won races in it throughout the 1960s without having an accident.

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