Top 10 most expensive cars ever sold on eBay
Ferrari IPO RACE Wednesday will be easier than ever to get a piece of the iconic car manufacturer buy shares in the company will cost you somewhere in the price range 52 opening, while the purchase of a real Ferrari - especially classical - - can be a matter of several million dollars.
The Italian luxury sports car maker begins trading publicly on Wednesday at the New York Stock Exchange The company raised nearly 900 million, giving it a valuation of around 9 8 billion for Chrysler Fiat FCAU which controls Ferrari and had previously a 90 in the business participation, saw its participation drop to 80 with the IPO.
With a starting price of 52 a share, Ferrari became available to investors who could never dream of owning the car price on new models run 180,000 to over 400,000 and the classical models, the numbers are much higher.
High-level auto market today is dominated by the few production cars and Ferrari race, and nine of the most expensive cars ever sold were manufactured by the company's most coveted car there a Ferrari 250 GTO Berlinetta, produced in the early 1960s, costs the equivalent of 733,000 Ferrari shares.
Other models that fetch high prices but not often as high as Ferrari are Bugatti, Bentley and Mercedes-Benz.
Dietrich Hatlapa, founding member of the research company based in London think tank car history Group estimates the capitalization of automotive unusual market is about 100 billion According to him, the market has tripled since 2009, and prices of some cars were a jump of five fold or six times in the same period.
We are talking about a very small market compared to the maturity of asset classes and if you see an increase in demand in this small market, one could say that the market is squeezed and pushed up because are more buyers, he said.
The car market has been accelerated to a pretty fair clip, especially European sports cars, said Eric Minoff, a specialist in the automotive department at Bonhams the auction house behind many of the largest transactions of classic cars recent years.
A number of factors come into play in determining the price of a vehicle, including pedigree of competition and technical finesse and, of course, there is the question how hard these cars are getting.
Cars that are world records are not available for a long time, said Minoff One of the main reasons for the car's value is so high is because they re generational vehicles.
collection of cars is a company in the world, although in some markets, it is more important than others, it is a global market; However, the United States and Europe both represent the vast majority of the market and where collectors are based, said Hatlapa He also noted that the purchase of cars goes well beyond investment These things are became a way of life, he added.
Most transactions take place in the private market - believes Hatlapa 70 - which means prices are not always known other sweat sales on auction blocks, and because they are public, their prices are on the air free.
Here are 10 of the most expensive car ever to go into the record books All but one are manufactured by Ferrari.
9 Of the 10 most expensive cars ever sold are Ferraris, more expensive cars ever.