This 1937 Bugatti Type 57S Cabriolet Is The Most Expensive Car Auctioned So Far This Year
As each year passes by, it gets costlier to acquire classic vehicles. However, we have not yet seen one that has reached the tens of millions mark this year as it has been the tradition in the recent years, and this classic might be the most expensive one so far for 2017.
We’re talking about the 1937 Bugatti Type 57S Cabriolet which is one of the vehicles from a group of three with the bodywork done by the coachbuilder Vanvooren of Paris. Before the auction that took place at Amelia Island last weekend, RM Sotheby’s had projected that the car would rack up nothing less than $8.5 million. Well, it didn’t reach the target, but it still did well going for $7.7 million.
The sale of the classic for $7.7 million makes it so far the most expensive vehicle sold at an auction this year, being slightly higher than the Barret Jackson’s Jaguar E-Type which got sold earlier this year in Scottsdale for $7.37 million.
This Bugatti wasn’t the car with the highest estimated value this weekend, but Jaguar XKSS, the Ferrari 250 GT SWB Berlinetta, and the 166 MM didn’t reach their reserve price. This saw the Vanvooren cabrio buyer writing the heftiest check compared to the other buyers before having the pleasure of driving this classic home.
During this past weekend at Amelia Island Concours d’Elegance auction, RM Sotheby alone did $70 million in sales which was facilitated by the sale of the Ferrari F50 owned by Mike Tyson at $2.6 million, the $2.1 million ’36 Lancia Astura cabriolet sale, and the $2.4 million ’56 Maserati A6G.
Categories: Automotive News