For Sale: Used Car, $30 Million, OBO

Ferrari 250 GTO

Most of us will never spend more than $50,000 on a car. And that’s being generous, I think, considering the average sales price of new vehicles is just about $30,000.

I tend to lean toward the used-car side of things, as prices in CarGurus’ used listings are generally much more palatable. I say “generally” because, occasionally, a used car will come along that commands a price no new car will ever fetch.

Top Gear tells us that one of the most desired, and valuable, cars ever produced recently changed hands in a $31.8 million transaction. The car, a 1964 Ferrari 250 GTO, is now the second most valuable vehicle ever sold. A 1936 Bugatti Type 57SC Atlantic still holds the record of number one, though just barely.

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