... apparently it's more than $25,000,000. It didn't hit reserve and didn't sell. I haven't heard that much booing since I was at a Philadelphia Eagles game. A lot of people walked out saying that it was all a farse just designed to draw a crowd and there was never an intention to sell the car. I don't think that's the case, but it certainly was anticlimactic to say the least.
Tom1200
PowerDork
1/18/25 7:06 p.m.
I astounded as well. I was also astounding that someone had 25mil for a car.
I was surprised the 910 only brought 1.3 million (also a no-sale). One sold for 2.5 on Bring a Trailer in 2023.
Tom1200 said:
I astounded as well. I was also astounding that someone had 25mil for a car.
This is even more insane to me:
"The most expensive car ever sold at auction is a 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupé, which fetched $142 million (€135 million) in a private auction on May 5, 2022.
Wikipedia
This exclusive vehicle, one of only two ever produced, was named after Mercedes' chief engineer, Rudolf Uhlenhaut.
Auto Express
The sale, conducted by RM Sotheby's at the Mercedes-Benz Museum in Stuttgart, Germany, significantly surpassed the previous record of $48.4 million for a 1962 Ferrari 250 GTO sold in 2018."
Tom1200 said:
I astounded as well. I was also astounding that someone had 25mil for a car.
You're not buying a $25 million car. You're buying a $35 million car before the next guy does.
It's not a car, it's an investment. It'll never be driven in anger again.
Tom1200
PowerDork
1/18/25 8:39 p.m.
In reply to Keith Tanner :
I get that it's now an artifact but it still doesn't diminish my astonishment.
They tried to start the bidding at $26 mil? That's ridiculous.
In reply to Keith Tanner :
I'd say that's true for 99% of the big dollar sales. I personally know 2 people that own, and drive vehicles worth $10M plus though. It's funny to pass them on the road and just think "well X has the Ferrari out again,,,,"
Lof8 - Andy said:
They tried to start the bidding at $26 mil? That's ridiculous.
No, I took that picture right before they closed the bidding. I think the first bid was $10M and it was off to the races. Final bid was $25M.
I was wonder what Jerry paid - it said he commissioned a multi million dollar restoration. Monopoly money.....
tarach
New Reader
1/19/25 4:50 a.m.
$26M is definitely a lot of money of this old car.
How many of these could you buy for $26 million?
In reply to stuart in mn :
All of them.
This is why I love the Goodwood road races so much. Irreplaceable iconic cars driven in anger.
ShawnG
MegaDork
1/19/25 10:23 a.m.
I must be the only person who doesn't understand the fascination with Steve McQueen.
dyintorace said:
In reply to stuart in mn :
All of them.
Plus have 25,900,000 left over
wspohn
UltraDork
1/19/25 12:32 p.m.
ShawnG said:
I must be the only person who doesn't understand the fascination with Steve McQueen.
I think that both Yule Brynner and James Garner, who said he was an “insecure poseur and not much of an actor” would share your thoughts on McQueen. Paul Newman also thought him a waste of space.
The last auction sale in 2000 to Frank Gallogly (the private owner prior to Seinfeld) was for $1.32M. He then sold it to a dealer less than an year later who then sold it to Seinfeld in 2001. I'd guess Seinfeld paid less than $2M.
wspohn said:
ShawnG said:
I must be the only person who doesn't understand the fascination with Steve McQueen.
I think that both Yule Brynner and James Garner, who said he was an “insecure poseur and not much of an actor” would share your thoughts on McQueen. Paul Newman also thought him a waste of space.
It was a pretty impressive movie on the big screen for a 16 year old who had only recently obtained his drivers license.
Tom1200
PowerDork
1/19/25 9:22 p.m.
In reply to ShawnG :
Steve McQueen made a lot of cool movies from Sand Pebbles to Bullet; but I'm not paying extra because some famous person owned a car.
Tom1200 said:
In reply to ShawnG :
Steve McQueen made a lot of cool movies from Sand Pebbles to Bullet; but I'm not paying extra because some famous person owned a car.
That is one thing I've never understood about collector cars. Who cares who owned them before? Are they rare? Good condition? Have a racing history? etc.
In reply to preach :
They do that with every single car that crosses the block. They ask for a sky high number to see if anyone will bite. They then go much lower. For a $20,000 car they will ask for $50,000. Nobody ever bites, and the actual bidding starts low.