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Once completed in Indianapolis, the finished automobile's set price was an astronomical $20,000 during the middle of the Great Depression where cars typically cost around $600–800 ($18,830 in 2023 dollars [1]) and houses $2,000 ($47,075 in 2023 dollars [1]), leading onlookers to infamously nickname the vehicle The Twenty Grand.
The 1904 Rolls-Royce 10 hp Two-Seater is currently listed on the Guinness World Records as the most expensive veteran car to be sold, at the price of US$7,254,290 (equivalent to $10,660,000 in 2023), on a Bonhams auction held at Olympia in London on December 3, 2007. [3]
An additional 100 orders were filled in 1930. Thus, the Model J fell short of the original goal to sell 500 cars a year. [9] Most engine and chassis were made in 1929 and 1930, but due to the Depression, high price, etc., ended up sold and bodied throughout subsequent years. Thus the year for a given Model J usually refers to the latter.
1961 Ferrari 250 GT California SWB Spider. Estimated value or price: $17.16 million If this car looks familiar, it might be because it's similar to the one featured in the 1980s hit movie, "Ferris ...
Some cars are the stuff of dreams, and hefty price... They can be the epitome of engineering and design -- true marvels of human creativity. 7 Most Expensive Cars in the World
A Duesenberg car was the first American car to win a Grand Prix race, winning the 1921 French Grand Prix. Duesenbergs won the Indianapolis 500 in 1922 (when eight of the top ten finishers were Duesenbergs), 1924, 1925 and 1927. Transportation executive Errett Lobban Cord acquired the Duesenberg corporation in 1926. The company was sold and ...
The Ambassador model lost its position as Nash's most expensive car in 1929 with the introduction of seven-passenger sedan and limousine models carried through the 1934 model year. The Ambassador remained in the Advanced Six range until 1930, when the model was moved to the "Nash Twin Ignition Eight" series.
Among his most expensive and coveted automobiles is the 1984 Lamborghini Countach QV (one sold for $258,500 in 2018) and the 2005 Porsche Carrera GT (one sold for $1.87 million in 2024). Ralph ...