The answer to the simple question of what is the most expensive car in the world is more complex than you might think. If you do a search today for this question you will find many auto magazines and online web pages stating the world’s most expensive car as the Bugatti Veyron Super Sports ($2,400,000), while a few newer reports will name the Lamborghini Veneno ($3,900,000).(Image credit: seemorepictures.blogspot.com)
But what will you say if I tell you a 1957 Ferrari 250 Testa Rossa car was sold at a 2011 auction for a whopping $16,390,000? How many Bugatti Veyron’s or Lamborghini Veneno’s can you buy for that price? So like beauty the answer to this question is subjective.
For example, the gold Bugatti Veyron in above photo is the world’s most expensive model car. Called the Bugatti Veyron Diamond it was on sale in 2012 for more than 3 million dollars – twice as much as the real thing! So where do we draw the line?
As I see it, 4 different cars can each claim to be the most expensive car in the world. They will be the world’s most expensive car based on your point of view. The different point of views are:
- Market price of a new car
- Price of a new street legal production car
- Price of an exclusive customized car version
- Antique/auction price of car
1) Most Expensive Car Based On Normal Market Price
(Image Credit: thesupercars.org)
The most expensive car in the world for sale is the Lamborghini Veneno which costs $3,900,000 (2013 price). Only three Lamborghini Veneno supercars are made available every year. If you want to own one you will have to be placed on a waiting list along with other aficionados. The Veneno can take you from 0 to 60 mph in a swift 2.8 seconds and allow you to hit a top speed of 221 mph (355.7 km/h).
2) Most Expensive Street Legal Production Car
(Image Credit: celebritynetworth.com)
At $2.4 million the Bugatti Veyron Super Sports car is the world’s most expensive production car available in the market today. Unlike the Lamborghini Veneno it is a street legal car meaning if you buy it you can legally drive it in normal roads. Hence I think one can argue that this is the most expensive real car unlike the Lamborghini Veneno which will actually be a trophy car because it’s not street legal.
The Veyron Super Sports Version also holds the record for the fastest street legal car as tested on July 10, 2010. It’s got a top speed of 267 mph (430 km/h) and is capable of reaching 0-60 mph in 2.5 seconds.
3) Most Expensive Customized Car
(Image credit: kingautomobile.blogspot.com)
An exclusive customized version of the Rolls Royce Phantom tops the list of most expensive cars in the world. According to bornrich.com, a rich Arab businessman from the Middle East had paid $8.2 million for a customized solid gold Rolls Royce Phantom car recently.
In its own right the Rolls Royce Phantom is considered as one of the most expensive and luxurious cars in the world. However, the Arab buyer had wanted the car to be customized with gold fittings and additions. Ultimately the solid gold Rolls Royce carried a total of 120 kg of 18K gold in different parts such as the front grill, side trims, boot handle, wheels, etc. and pushed its price beyond $8 million.
Since the buyer also wanted a secure car, it is said to be fully armored with protection for machine guns and ballistic missiles. It even carries a certification from the German Gouvernement Beschussant Muchen, which tested the car’s security features.
4) Most Expensive Car Sold In Auction
(Image credit: gizmag.com)
Auto auctions are well known to attract headline grabbing publicity, mainly for the high price their new owners have paid. A 1957 Ferrari 250 Testa Rossa was sold at such an auto auction for the record price of $16,390,000 ($16.39 million). The auction was held on August 21, 2011 hosted by Gooding & Company at Pebble Beach, California, United States.
But according to some analysis, a 1931 Bugatti Royale Kellner Coupe car maybe the world’s most expensive car in the world today. This Bugatti Royale was sold for $9.8 million at a 1987 auto auction by Christie’s. According to Wikipedia when you adjust $9.8 million to reflect inflation and today’s money value, the buyer had paid $19,803,808 or $19.8 to buy the car in 1987.
All this information leaves us challenging our perception of what is really the world’s most expensive car. What do you think is the most expensive car in the world today and why? Name your choice!