Thursday, April 21, 2011

World’s Most Expensive Classic Cars

Every once in awhile, a car enters the spotlight and becomes an instant classic. Years down the road, these cars demand hefty prices when sold at auction. These are the most expensive classic cars in the world.
1937 Bugatti Type 57S – $4.4 million
World's most expensive classic cars - 1937 Bugatti Type 57S
When relatives of the recently deceased and “eccentric” Dr. Harold Carr opened the garage he’d left to them in his will, they had no idea what to expect. Sure they’d heard that there might be a Bugatti in there, but that was just a bit of local legend. As it happened, there really was a Bugatti in there—and, when it went to auction at Bonham’s Retromobile car show in February of 2009, it sold for €3,417,500—around $4.4 million at the time.
This 1937 Bugatti Type 57S Atalante was originally purchased by Earl Howe a month after it left the Bugatti works. Over the 8 years that he owned the car, Howe added new bumpers, a luggage rack and rearview mirrors. It was later brought up to SC specification with the addition of a Marshall K200 supercharger by its next owner, J P Tingay. Eventually, the car found its way into the hands of Lord Ridley, who held it for a year before selling it to Dr. Carr. Combine this pedigree with the fact that only seventeen Type 57S’s—a version of the Type 57 modified specifically for competitions—were produced and you have quite an expensive car.