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Classic Cars Market Sees Resurgence in Value

Ford GT40 MK II Sold for Record-Breaking $98 Million at 2018 Auction

Classic Car Auctions Continue to Generate Headlines

The classic car market is experiencing a resurgence in value, with collector cars fetching record prices at auctions. In 2018, a Ford GT40 MK II sold for an astounding $98 million at auction. Classic Ferraris from the same era are also highly sought after, with pristine examples going for millions of dollars.

The most expensive classic car ever sold at auction is the 1955 Mercedes-Benz 300 SLR Slr Uhlenhaut Coupe, which went for $143 million in 2022. The car was one of only two prototypes ever built and is considered one of the most beautiful cars ever designed.

The Hagerty classic car valuation tool is a valuable resource for classic car enthusiasts and collectors. The tool provides estimated values for a wide range of classic cars, based on data from auctions, sales, and other sources. It can help you determine the value of your classic car or research potential purchases.