SKJSS (formerly Klayfish)
SKJSS (formerly Klayfish) UltimaDork
1/18/25 7:04 p.m.

... 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
Tom1200 PowerDork
1/18/25 7:06 p.m.

I astounded as well. I was also astounding that someone had 25mil for a car.

Apis Mellifera
Apis Mellifera Dork
1/18/25 7:37 p.m.

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.

z31maniac
z31maniac MegaDork
1/18/25 8:02 p.m.
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."

Keith Tanner
Keith Tanner GRM+ Memberand MegaDork
1/18/25 8:13 p.m.
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
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.

Lof8 - Andy
Lof8 - Andy GRM+ Memberand UltraDork
1/18/25 9:04 p.m.

They tried to start the bidding at $26 mil?  That's ridiculous.  

Steve_Jones
Steve_Jones UberDork
1/18/25 9:25 p.m.

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,,,,"

SKJSS (formerly Klayfish)
SKJSS (formerly Klayfish) UltimaDork
1/18/25 9:45 p.m.
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.

Datsun240ZGuy
Datsun240ZGuy MegaDork
1/18/25 10:26 p.m.

I was wonder what Jerry paid - it said he commissioned a multi million dollar restoration.  Monopoly money.....

tarach
tarach New Reader
1/19/25 4:50 a.m.

$26M is definitely a lot of money of this old car.

stuart in mn
stuart in mn MegaDork
1/19/25 9:26 a.m.

How many of these could you buy for $26 million?  laugh

dyintorace
dyintorace GRM+ Memberand UltimaDork
1/19/25 9:50 a.m.

In reply to stuart in mn :

All of them. 

Andy Hollis
Andy Hollis
1/19/25 10:16 a.m.

This is why I love the Goodwood road races so much.  Irreplaceable iconic cars driven in anger.

 

ShawnG
ShawnG MegaDork
1/19/25 10:23 a.m.

I must be the only person who doesn't understand the fascination with Steve McQueen.

Steve_Jones
Steve_Jones UberDork
1/19/25 12:27 p.m.
dyintorace said:

In reply to stuart in mn :

All of them. 

Plus have 25,900,000 left over

wspohn
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.

secretariata (Forum Supporter)
secretariata (Forum Supporter) GRM+ Memberand UltraDork
1/19/25 12:32 p.m.

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.

VolvoHeretic
VolvoHeretic GRM+ Memberand SuperDork
1/19/25 1:15 p.m.
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
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.

 

z31maniac
z31maniac MegaDork
1/19/25 10:36 p.m.
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. 

preach
preach GRM+ Memberand UberDork
1/20/25 7:52 a.m.
Lof8 - Andy said:

They tried to start the bidding at $26 mil?  That's ridiculous.  

They started at 50m.

 

SKJSS (formerly Klayfish)
SKJSS (formerly Klayfish) UltimaDork
1/20/25 9:54 a.m.

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.

You'll need to log in to post.

Our Preferred Partners
FtJUugE6h4N5h6i8Gt31XStKcogikGv7G5M592RvxG5wRSlWvWaHwMpFL0a0TyUh