2014 Ten Most-Expensive Classic Cars Sold at Auction

Thus far in 2014, the highest prices paid for classic cars at public auction were for a 1954 Ferrari 375-Plus at Goodwood, 1958 Ferrari 250 GT at Arizona, a 1966 Ferrari GTB/C in Monaco and a 1964 Ford GT40 in Houston.

Ferrari 375-Plus Sports-racing Two-Seat Spider Competizione
1954 Ferrari 375-Plus Sports-racing Two-Seat Spider Competizione © Bonhams

The ten most-expensive cars sold at public auction in 2014 (January to July) include five models by Ferrari and only one by Mercedes Benz. Although Bonhams took the top spot mid-year, RM Auctions achieved half the results on the top-ten list of highest prices paid for classic cars thus far this year.

Top-10 Classic Car Auction Results in 2014

The top-ten list for 2014 after the sales in Scottsdale and Arizona (January), Paris Rétromobile (February, Amelia Island (March), Houston (April), Monaco (May), Goodwood Festival of Speed (June) and Mercedes Benz Museum in Stuttgart (July) is as follows:

Year Car Auction House $ Price € / £ Price Auction Date
1 1954 Ferrari 375-Plus Sports-racing Two-Seat Spider Competizione Bonhams 18’309’613 £10’753’500 Goodwood Festival of Speed June
2 1958 Ferrari 250 GT LWB California Spider by Scaglietti RM 8’800’000 Arizona January
3 1966 Ferrari 275 GTB/C by Scalietti RM 7’860’283 €5’712’000 Monaco May
4 1964 Ford GT40 Prototype, GT/104 Mecum 7’000’000 Houston April
5 1939 Delahaye 135 Competition Court Torpedo Roadster by Figoni et Falaschi RM 6’600’000 Amelia Island March
6 1959 Ferrari 250 GT Cabriolet Series I RM 6’473’174 €4’704’000 Monaco May
7 1958 Ferrari 250 GT Series 1 Cabriolet Gooding 6’160’000 Scottsdale January
8 1997 McLaren F1 GTR Longtail Gooding 5’280’000 Scottsdale January
9 1955 Jaguar D-Type RM 4’987’752 €3’696’000 Paris February
10 1934 Mercedes Benz 500K /540 K Spezial Roadster Bonhams 4’221’247 €3’105’000 Stuttgart July
Before Mercedes Benz Museum Sale / July 2014
10 1967 Chevrolet Corvette L88 Coupe Barrett Jackson 3’850’000 Scottsdale January
Before Goodwood Festival of Speed / June 2014
10 1968 Porsche 907 Longtail Gooding 3’630’000 Amelia Island March
Before Monaco / May 2014:
9 1953 Ferrari 166 MM/53 Barquette Oblin Artcurial 3’476’672 €2’550’000 Paris February
10 1956 Ferrari 410 Superamerica Series i Coupe Gooding 3’300’000 Scottsdale January
10 1959 Porsche 718 RSK Gooding 3’300’000 Amelia Island March

Prices include buyers premium.

Top-Ten Auction Prices for Classic Cars in 2014 (January to May)

Red 1958 Ferrari 250 GT LWB California Spider
Photo: Patrick Ernzen ©2013 Courtesy of RM Auctions

The most expensive classic car thus far in 2014 (mid-June) is the 1954 Ferrari 4.9-litre 375-Plus Sports-Racing Two-Seat Spider Competizione sold for £10,753,500 ($18,309,613) at the 2014 Bonhams Festival of Speed Auction as the most-expensive racing Ferrari ever sold at public auction. The result was more than double that achieved for the 1958 Ferrari 250 GT LWB California that sold for $8,800,000 at the RM Auction in Arizona in January.

Three Ferraris now lead the list of the ten most-expensive cars in 2014.

1966 Ferrari 275 GTB/C
1966 Ferrari 275 GTB/C

Two Ferraris were added after the Monaco auction, including the third highest price paid for a car at auction thus far in 2014 – a 1966 Ferrari 275 GTB/C.

Ford GT40 at Mecum Auction
Ford GT40 Sold for $7,000,000 at Houston 2014 © Mecum

The fourth placed Ford GT40/104 was the fourth prototype built by Ford and the car that debuted for Ford at Le Mans in 1964. It is the second oldest GT40 in existence. The GT40/104 sold for $7,000,000 at Mecum’s Houston Auction in April 2014.

1939 Delahaye 135 Competition Court Torpedo Roadster by Figoni et Falaschi
The Most-Expensive Delahaye Ever

The fifth placed Delahaye set the auction record for Amelia Island and is also by far the most expensive Delahaye ever sold at public auction. The $6,600,000 paid at the RM Auction is double the previous marque record for Delahaye.

Blue 1959 Ferrari 250 GT Cabriolet Series I by Pinin Farina
1959 Ferrari 250 GT

A Ferrari at the top of the most-expensive cars list is no surprise – more surprising was the absence of Mercedes Benz models until the Bonhams sale at the Mercedes Benz Museum in Stuttgart in July finally produced a top-ten result. Porches did well at Amelia Island but all have now dropped out of the top-ten list.

1967 Chevrolet Corvette L88 2 Door CoupeThe world record price for the 1967 Chevrolet Corvette at Scottsdale in January was as expected not high enough to keep this special Corvette on the top-ten list for the full year. If prices remain as high as in previous years, at especially the Monterey Classic Car Week, only the leading Ferraris and maybe the Ford and Delahaye are still likely be on the final 2014 top-ten list.

Top Classic Car Auction Houses in 2014

Porsche 907 Longtail at Auction
1968 Porsche 907 Longtail © Gooding & Co

In the battle of the auction houses, Bonhams finally burst onto the scene mid-year by taking the top slot for the 1954 Ferarri 375-Plus at more than double the result achieved for the second placed Ferrari. RM Auctions still has half of the top-ten prices but no longer top spot. Gooding & Co, which does not have a major sale between Amelia Island and California in summer, still has two cars on the list and Mecum one.

For cars achieving more than a million dollar in 2014 (January to July), RM Auctions leads with 38 followed by Bonhams 24 and Gooding with 22 . Other auction houses have also achieved such sales.

1934 Mercedes-Benz 500 K/540 K (factory upgrade) Spezial Roadster
1934 Mercedes-Benz 500 K/540 K (factory upgrade) Spezial Roadster © Bonhams

The next major classic car auctions are at the Monterey Classic Car Week in August when most of the top prices for the year will probably be achieved.

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