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Gooding & Company, LLC is a classic car auction company headquartered in Santa Monica, California. Incorporated in 2003, the company holds multiple all-time records for the most expensive cars sold in auction. [1] The company also provides private treaty sales, estate planning, and appraisals.
The sale, to a private buyer, was for 135 million euros ($142,769,250). It handily outstripped the previous record-setting $48.4-million sale of a 1962 Ferrari 250 GTO at a 2018 auction to become the most expensive car ever sold at auction. Both of these high-dollar sales were brokered by RM Sotheby's. [1]
The Nethercutt Collection is a multi-storied museum and car collection complex located in Sylmar, California.It was founded by J.B. Nethercutt in 1971 and its centerpiece is the prestigious automobile collection of the Nethercutt–Richards family that contains over 250 cars, nearly all of which J.B. originally collected and owned.
However, as newer car models become classics, the market for vintage rides grows each year as enthusiasts of all ages start investing in pre-owned antique autos. Be Aware: 5 SUVs Retirees Should ...
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Least expensive (production) – US$125 (equivalent to $2,275 in 2023) official general inflation – 1922 Briggs & Stratton Flyer; Most expensive (auction) – US$143,000,000 1957 Uhlenhaut Coupé [51] [52] Most expensive (private sale) – US$70,000,000 (£52,000,000 at June 2018 exchange rates) 1963 Ferrari 250 GTO (2018) [53]
Hemmings Motor News is a monthly magazine catering to traders and collectors of antique, classic, and exotic sports cars.It is the largest and oldest publication of its type in the United States, with sales of 215,000 copies per month, and is best known for its large classified advertising sections.
Percent of cars 15 years or older kept by original owner: 5.5%. How that compares to the average: 1.5x. Gabrielle Olya contributed to the reporting for this article. More From GOBankingRates.