Full Auction of the $48M 1962 Ferrari 250 GTO (Monterey Car Week)

[@fidorover]

I was _gonna_ bid, but was having a bit of trouble selling my old sofa on Craigslist and couldn't quite come up with the cash. Bummer.

[@TheFriendlyTroll]

LOL! Maybe next time.

[@Jons_broken_toe]

😂😂😂😂😂

[@Rimrock300]

I would not sell the old sofa, better put it in the future Ferrari section of your garage

[@gregoryscott7088]

No lowballs on the sofa, he knows what he's got.

[@kseries1981]

lmao!

[@erikledmad]

For everyone that’s confused by the title: car sold for $44mil + auction house fee (usually 10% of the final bid) which is $4.4mil = $48.4mil

[@Pulsonar]

I love the Ferrari legacy, but even breathing the air in that auction hall would bankrupt me!

[@aig1111]

I have one at home. It’s on display on the shelf.

[@m0ther_bra1ned12]

Yours will probably be driven more to boot. XD

[@sesto194]

@@m0ther_bra1ned12 thats a big shelf

[@joyusa3182]

Lol

[@kaitlyn3386]

XD 😂 😂

[@bruh-qq1sx]

A model 250 GTO?

[@jonaslasater4784]

take a shot every time he says 41 million

[@joyusa3182]

I csnt evrn tuypr amu mir

[@Ivanthegreat141]

joyusa 31 22 times

[@ranveerbose7617]

and your toyota will turn into that car for free

[@sbrsyncro700]

He could have bought Canada for that much, he made the better deal.

[@fuckugplus]

in 1810 yeah

[@IIIIllllllllIIIIIllll]

I don't think so..

[@tacolove892]

@John Smith ...................dddduuurrrrrrrrr.....it's ass hole humor.

[@Cheops2112]

An asshole in every group...🙄

[@ImBrockatron]

yes he did lol.

[@aydankhaliq2967]

The great thing about this car is that most of the people who has it, still drive it. Some notable owners are nick mason and Lawrence stroll, who has 2.

[@stevezisk3415]

Mason has some Beauties

[@hotwhells20]

he adds 250,000 dollars and everyone laughs... hahahahhahahahahah... omg

[@FUNZO1975]

I know right? ....I dream of the day when I can laugh at a quarter mil.

[@slick3996]

@@FUNZO1975 one day brother

[@SJAutomotiveDesign]

Man, I'm so sad I missed this one. I was gonna buy it, but my Dodge broke down on my way to the auction and didn't make it... 😑

[@JetEngine85]

I'm watching this video with $25 in my pocket 😂

[@zixto76]

🤣🤣🤣🤣

[@user-ru6mq5sc5n]

Yes but how much in the bank?

[@C.I.A_Unclassified]

Best comment of the year 😂

[@mattette]

still more exiting than the whole f1 season

[@ImBrockatron]

It definitely sounds better.

[@Rhagical]

I like how they made a mistake first by putting 3.5 mil instead of 35 mil.

[@legendofzelda2324]

Yea. Japan sure had different prices as well.

[@DrayDray78]

Lol he even offered it for 43,000 and real fast COUGHT his mistake 8:58

[@m0ther_bra1ned12]

That's more money than I'm ever going to see in my entire lifetime and probably two or three generations after... FOR ONE CAR. XD

[@skywalkinonthesehaters8659]

/M0ther_bra1ned/ same😂😂😭😭

[@CamboMaka]

Time to get your game up.

[@ipadize]

thats more than i will ever see in 44 lifetimes if i work till 80

[@FUNZO1975]

That's why they call it .....living the dream.

[@aoclive6710]

Miura true , life doesn’t equate to this car not yours not mine

[@40rty7even4]

I bid $43 million, but I had to go to the toilet. When I came back it was sold. Shouldn't have had that damn Pepsi before the auction.

[@PL-oc7vn]

Meanwhile at supermarket choosing between $1 or the expensive $3 butter

[@robincook8828]

there's a red car in space right now

[@lindsayknuth906]

Elon musk what goes up must come down

[@rien9281]

@20GRIZZ20 just a joke dumbass

[@mathiashermansen785]

This car is history

[@imjustaviewer8709]

Yea ik its a tesla

[@kingsofkings_5661]

That’s red Tesla Elon musk

[@KN-lq4zv]

That’s beautiful, congratulations to the owner

[@chrissmith8469]

Thanku

[@Pulsonar]

I saw a beautiful highly detailed 250 GTO 1/8 scale model priced at £6K. It seems like a bargain of the century and probably more mobile compared to this real legendary car that is now just a museum artefact 😂

[@mattlawton4715]

I'm just going to buy a new one

[@GinolasVideos]

most of them all still get driven, and raced :o

[@michaelk9056]

I just finance it for 1 million years Zero down😁

[@debbiedunn4477]

Lol

[@DMWBN3]

1,000,000 per bid, this is different gravy. I'd be careful holding up a camera 🎥 in case they take a bid 👏🏼

[@youbian]

Best auto purchase I ever made. The good chaps at Dothan werks keep the car in tip top. Cheers

[@obryan240]

I got to see this car in person a few months before the auction. Gorgeous ❤

[@murphymoe753]

Love the car but love 48M$ much more

[@Atombender]

2:00 price display fail on the left.

[@aulbraealexanderzamora1948]

I was gonna bid $49 million to give it to my wife and then I remembered she prefers it on pink.

[@royalbank5567]

How

[@PCGSIR]

I can not wait till Arizona RM Auction 2023

[@damiencallaghan9389]

Type in Salvador Mundi Auction That is how it is done

[@marcogrossi6334]

It shouldn't have a millionaire but a museum e un patrimonio del Umanità

[@KevinW.Jenner]

Glorious! If I $hould... A most brilliant example of machine's improvement, a relic among engineers and other experts alike.

[@rigonatmauro]

250 GTO chassis 3413 GT is the queen of 1962 TRIESTE-OPICINA HILLCLIMB. LUALDI GABARDI at the wheel of 3413 GT won a legendary TRIESTE-OPICINA HILLCLIMB. An overall win with new speed record of the race

[@Scratchingforcash]

What’s it worth when the frame rots out? Craigslist add: Ferrari for sale!! originally paid $44 million dollars, asking $2500 frame needs welded.

[@MUISHAGGY572]

I was gonna buy a Kia Forte but this might be my next car.

[@Harry-rj6kh]

In the 1960's I saw two GTO's compete at Pacific Raceways in Kent, Wash against 3 Cobras. Does anyone know where they ended up? I had heard that at one time Innes Ireland was offered one for less than 10 thousand but it was just another old race car to him.

[@WiR3DGaMiNG]

I just crashed one of these … on gran Turismo sport haha!

[@WiR3DGaMiNG]

20 million on gt sport :O

[@paveantelic7876]

for how long did u save up money?

[@WiR3DGaMiNG]

I didn't have to buy the car. it was on a daily race to use for free brands hatch I believe it was

[@aydankhaliq2967]

@@WiR3DGaMiNG just bought mine. Had to sell a couple of lancia's and LMP1 cars. 250 gto has so much more grip than other cars of the time.

[@victorfranco5703]

I bet they won't even drive that car. It will sit in a showroom while the owner has a very expensive glass of wine and smoke a cigar just admire the vehicle.

[@debbiedunn4477]

Yep

[@ronishsharma2989]

I mean driving a 48 mil $ car probably isn't the best idea.

[@dhalsim-1]

They have to drive it once in a while or the engine will cease

[@tedecker3792]

I do that looking at my Chevette

[@asdfghjkldfghjhgcgyuigfyui9792]

more money than I'll ever make in multiple lifetimes

[@salimbagatmavereika5773]

why am I watching this, i cant even afford of its tire bolts

[@lebaillidessavoies3889]

this is the gdp of Botswana

[@ianbarber311]

After I win Powerball I will be back for a 250LM or a P3/4.

[@채소-z9i]

P3/4 the best.

[@FUNZO1975]

Me too brother.

[@specialed4564]

I stopped bidding when they got to $35 million

[@samharrill7676]

Just Bought By Saudi Prince $58,000.0000

[@debbiedunn4477]

Wow!!!.... And I'm sitting here dreading getting new tires on my 2003 chevy s-10!!!😲

[@francescosalvioli]

I was gonna bid but my wife call me on the phone remembering we have to pay house loan first!!!

[@ivankowalski8923]

hello this is my shoe - cost 5 $ hello this is Cr7 shoe - cost 50 000 $

[@drivewayhero]

For someone like Bezos or Bill Gates whose net worth is say $50 Billion dollars, spending $44 Million is like someone with a $200,000 net worth spending $192 dollars

[@user-sk5cv7hj2m]

Imagine the commissions payed by the seller and the buyer it’s usually 12% unless negotiated.thats almost 20 million Dollars auction house profit in10 minutes. The whole deal is mind boggling!

[@LeadMunitions]

I’m always amazed at the enormous gap on what a human can make to afford this..

[@crissignori7482]

Great deal .... Well purchased !!!

[@RougeComputer]

Damn I hit bid but my internet cut out. Missed it by a few hundred thousand

[@rrennnerr]

The gentlemen able to buy this car grew up with it dreaming about it. Once that generates passes away, I do not believe that car will be worth as much. I am in my 20’s and cars like the McLaren F1 and MC-12 will probably some of the top priced cars.

[@CrisisGuildWOW]

Reported for misleading title. States $48M but it only sold for $44M. Clickbait warning, beware.

[@Leviajohnson]

Mine went on the forza horizon 4 auction house for only 3,000,000 credits. what a rip off. I'm assuming. Not sure what the exchange rate is.

[@AndreaZzzXXX]

at 3:30 he spoke italian 'quarantuno milioni di dollari contro di te' :-)

[@nieleda2561]

qrantuno ha detto

[@heavenstomurgatroyd7033]

Well considering that Leonardo Da vincis painting, The Christ sold for 450 million this looks like a bargain!

[@mikestang679]

Who says there is a Ferrari "bubble" prices seems to be holding up, starting bid $35 million, WOW, these vehicles are approaching fine art pricing, not to far-away will be a $100 + million car someday, which isn't a problem in the fine art auctions, common actually

[@SocietyofSupercars]

Absolutely! These prices for these extremely rare models will likely continue to double or quadruple in value over the next decade or so. The day of the next $100M Ferrari will be approaching.

[@fredschriks8554]

Saw a video about a Mercedes 300SL racecar. Rumour goes it costs over $100 million.

[@DonLee1980]

SL gull wings go for ~1-1.5 mill.

[@fredschriks8554]

@@DonLee1980 Was about a very rare racecar, only 2 units build. It wasn't a normal 300SL.

[@DonLee1980]

Fred Schriks lol I see. Good thing I really couldn’t care less about it

[@TheGreener121]

Thats just insane...

[@ianfernandes96]

I'm the Ian that he was on the phone with. Nah just kidding, I'm just a humble mariner 😁

[@Loulovesspeed]

Whatever "floats your boat"! Lol

[@427bullis]

Auction is like a wake

[@unverified_Vids]

All millionaires sitting in one place

[@TheDemoexpert]

"Easy certifiable" 1:12 Thank God! What a ripoff if it wasn't!

[@vcapar]

The Way my bank account works..I have my checking in my savings and it takes 3 business day.. 🤪😂

[@LesiureBoy]

Jesus, what a beautiful car. Timeless and all class.

[@8thstgarage922]

And i thought $1000 for my 96 Dodge Ram was too much 🤣

[@cll1639]

Huge money but that auction had all the excitement of a caterpillar race.

[@theforcer1762]

Meanwhile in India. Kid works for $1 a day..

[@sebypudilic8351]

@@paulgilhuis1 =))))))))))))

[@420cm]

And your point is??

[@prasunsingh7134]

@@420cm his point is in india everyone works , they are not like him waste product. And how many years it will take for him to buy $48 million car🤔.

[@specialed4564]

@@prasunsingh7134 not just in India theres lots of countries like that

[@prasunsingh7134]

@@specialed4564i know bro but pointing out one country is not good.

[@user-el5mg4it9t]

-He wants to win, I think I'm gonna drop 48 for this one. -48 grand? -48 million.

[@kikarias79]

There’s this, and about 20% of the ENTIRE WORLD is STARVING...

[@fredyeezy4895]

I have one. It’s still in the hot wheels package tho...

[@i-never-look-at-replies-lol]

Damn. This is the one I was going to buy, but I forgot my wallet at home that day.

[@BuckinMaster]

So why it say 48 when final bid was 44

[@SocietyofSupercars]

The total purchase price for this 1962 Ferrari 250 GTO was $48,000,000. This includes both the final bid price ($44M) in addition to the buyer auction premium fees that go with it (approximately $4M) making the total combined full purchase to be $48,000,000.

[@hankowens9295]

$44mil was the final, but with fees typically 10% to be paid above and beyond, the new owner "actually" paid $48.4mil as the total out of pocket. The old owner probably received about around $42mil total as he had to pay fees too. A nice racket for the auctioneers. Still, actually a "bargain" as that car was expected to sell for just over $50mil as the final bid.

[@devoro9412]

Well done!!!! You just made that car to valuable to drive!!!! It's a sad day for us motorheads that just want to drive these vehicles to their extremes, like they were ment to be.... So sad...

[@KUROSHURA]

Clark Roberts exactly, why say it’s the most expensive when a silver one just sold for 70M$

[@acmeopinionfactory8018]

@@KUROSHURA Most expensive at AUCTION.

[@peterpedant]

It was sold for 44m not 48M.

[@Johan92Johansson]

How hard could it be to get the tilte right? the car sold for $44M and not 48

[@Mechanicalcircus]

Johan Johansson IKR People are stupid!

[@angahcoleify]

Wow u guys so stupid and very lazy to read... Seriously u look stupid with this comment..😂😂😂

[@marcogrossi6334]

Sono macchine da museo tutti dovrebbero avere la possibilità di ammirare questa meravigliosa macchina.

[@Pirustae]

Now, was it sold for 48 or 44million?

[@smctrout4423]

The additional $4million was the buyer's premium.

[@hanphasareo6224]

Iam watching this video with 100 rupees in my pocket which is equal to 1.33 $🤣🤣🤣😥😥😥

[@bukharijabarazman2700]

Me sitting here, wondering how much 44 mil dollars actually is…

[@two-sense]

It's one car.

[@stonedpotato7625]

Meanwhile I'm here happy with my prius...

[@0e0]

same

[@notbahhhdgoodsize5793]

Your not

[@patricklilly2520]

Beautiful car, with Great provenance. So many children going hungry...

[@lapamful]

Imagine in 100 years time, kids will be watching this and laughing saying "48 million? My iPhone cost that much nowadays" 😂 Okay okay kids of the future. I realise that neither iPhones nor Apple may be around for that long.

[@JanneWolterbeek]

If Apple still exists they are probably creating interactive eyeballs by then...

[@saching2753]

Literally sold for more than its weight in gold ahahaa

[@josetapia8878]

Forgot one zero when the bid first started lol

[@MaybeHarvey]

Thanks Ian

[@megapet777]

didnt it sell for 44m tho?

[@michaelclyburn5858]

Hey! My hand's up over here...

[@dampaul13]

Supercars of London's next video - New exhaust, wrap and carbon body kit for my new 1962 Ferrari 250 GTO.

[@markarrivi3818]

I have one too in a basement drawer its a slot car. Whats the bid 48 million

[@imhappyandyou.4003]

$44 million plus $4 million in auction fees is just insane.. Even if I had a billon dollars I still wouldn't spend that much on any car.

[@hottiemcscottie5952]

Imagine spending 70m for car u won't drive at all

[@imhappyandyou.4003]

@@hottiemcscottie5952 Right!.. Even if it was a 1 of 1 never to be made again!, it's getting driven and it will be USED!. LOL I don't "Collect" anything to just let it sit around looking good!, I enjoy everything that I've collected to the fullest and don't care if it depreciates the value of whatever it is. That's the whole reason I bought it lol.

[@epicon6]

Auctions like this aren't even about the car. They are bidding just for the thrill of bidding higher than their peers. If they were privately buying the same car they wouldn't even pay 4 million for it.

[@justinsu7241]

@@epicon6 not true, this is what these cars are worth, they're all bid by people behind those phone calls who stay away from the live event because the excitement and adrenaline can cause them to overbid due to excitement, staying at home or their office desk can keep them calm and just pay the most they're willing to pay for said item.

[@after_midnight9592]

Kinetic art

[@maminika33]

0:18 dr phill

[@roiiitruster]

If I was there I would be like *I found 6$ in the sofa, is it enough?*

[@KippoHound]

Only raised the bid by a $250,000? That merely chump change eh eh eh

[@ZakEdwardsOfficial]

I love this shit. The main reason to be rich. Travel the world buying Cars at auctions.

[@Lou-kq1ng]

He could have bought 32,301 of my car for that

[@timothylaws4549]

incredible

[@eric_hates_the_poor]

Least dynamic auctioneer ever.

[@FUNZO1975]

Yeah but cars like this sell themselves......no need for theatrics.

[@pseudonym5136]

Somehow it`s insane,but I love it!

[@mattlawton4715]

I will take two

[@cryptodwayne5174]

Holy Grail Car

[@3332221000]

Pocket change compared to a Leonardo da Vinci's painting.

[@stonedfish99]

somehow... I rather have cars than a silly painting that looks like a fat girl disguised as Jesus

[@pannonianbrute]

...Or, for that matter, a painting of a slightly beat up old sunflower by a self-mutilating Dutchman. Not hating on Van Gogh or his art, just saying that it would buy you a garage full of GTOs.

[@stonedfish99]

@@pannonianbrute a garage full of proper classic 3D cars haha. It's all good having some paintings, in fact I do have some nice art on the walls. But I much rather sit in my Maserati 3500 GTI any day!!

[@rafael6693]

comparing the uncomparable... anything from Leonardo Da Vinci should not even have a price...human genius just like anything that belonged to Tesla or Newton...

[@stonedfish99]

@@rafael6693 yeah, so is beating out aluminium panels. Each curve and edge on a classic car is all hand built. Like you said, pure genius and priceless

[@andyvankerkhove6902]

6882...44 million dollars.... me checking the title again...