SBT Car News

Ferrari 250 GTO Is Now The MOST Valuable Car!

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One of the elements that determine the standard of an automobile industry is the level it stands at on the category they approach the audience. In premium and luxury cars it is the price tag on the vehicle that determines the exclusivity of the vehicle and whether it is indeed a rare gem or not. The price range of luxury and premium cars is definitely at an all time high as compared to other categories due to the incorporation of the most exclusive quality and engine with the exterior and interior designed and furnished in the most impeccable manner. Companies take pride in their creation as they cater to a very selected audience because of the price tag.

Ferrari is one of such companies that is reputed and highly prestigious all over the world. Not only are they a tough competition in the luxury car category but they are a deadly force to be reckoned with on the race tracks of Formula 1 as well. The 1962 Ferrari 250 GTO has become the most valuable car for a $38 million price tag at the Bonham’s Auction in California. It is one on the most famous and most coveted vehicles ever made with only 39 ever made with the chassis number 3851.