Luxury: Life at the Top

4 Record-breaking car sales

$10 million for a car? Sure, for a '31 Bugatti Royale. Boutique vintage car auction firms are posting astronomical sales.

By Sue Zesiger Callaway, Fortune
RM Auctions
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RM Auctions
Buyer's Fees: 10%

Seller's Fees: $1,000, plus 8% to 10%

Record Sale (2007): $9,300,000 for '62 Ferrari Testa Rossa (pictured)*

Pro: The biggest player - and extremely competent at getting and selling a lot of great cars

Con: With such high volume, the experience can be less personal

For Sale Dates: rmauctions.com


Mormon Meteor
Ferrari Testa Rossa
Bugatti Royale
Mercedes SSK Roadster
* This sale was recorded on May 20, 2007. The original version of this article in Fortune magazine included the previous record sale of $6.5 million, set in 2002.
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Contact Us Closed Captioning Manage Cookies+ Site Map

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.