Skip to main content

5 of the Most Expensive Cars Headed to Monterey Car Week 2018

It feels like just yesterday we were stumbling around Monterey, California, unable to process the number and range of classic cars in town for Monterey Car Week. Alas, it has a year, and that means its time for another round of automotive excess.

To say it’s been a good year for the collector car market is an understatement. As evidence of surging values across most vehicle segments, eight-figure car sales are now becoming common at high-profile auctions. Traditional investors have become collectors and wealthy enthusiasts are shrugging off hundreds of thousands of dollars in year-over-year price hikes.

This weekend, August 24-25, a number of exceedingly expensive vehicles are scheduled for auction at the various events. Five vehicles, in particular, are expected to fetch incredible figures. Here’s what you should look out for at Monterey Car Week 2018.

1962 Ferrari 250 GTO

$45,000,000-$60,000,000

Classic Ferraris always seem to top auction charts these days, but few ever reach the estimated value of this Ferrari 250 GTO. The third GTO build is known for its victory in the 1962 Italian GT Championship, driven by Edoardo Lualdi-Gabardi. The next two years saw this car win the Targa Florio with a new Series II GTO body by Scaglietti. RM Sotheby’s offers a conservative estimate of $45 million, but this model could fetch as much as $60 million if the right people are bidding.

1963 Aston Martin DP215

$18,000,000-$22,000,000

Trailing the GTO’s estimated value considerably, but still thinning the pool of uber-rich collectors, is this 1963 Aston Martin DP215. The same year it was produced, the DP215 raced at Le Mans and clocked 198.6 mph down the Mulsanne straight. To this day, no other front-engined car has set a faster speed. Based in part on the recent $13.4 million sale price of the slower and more common Aston Martin DB4GT Zagato MP209, RM Sotheby’s estimates this DP215 will fetch at least $18,000,000 on the auction block.

1966 Ferrari 275 GTB/C

$12,000,000-$14,000,000

1966 Ferrari 275 GTB/C - Pebble Beach 2018

What did we say about pricey old Ferraris? This 1966 Ferrari is one of the rare competition-spec 275 GTB models and was has a solid racing history. In 1966, Pedro Rodriguez raced the car at Nassau. In ’67,’69, and ’70, Luigi Chinetti’s North American Racing Team competed in the Daytona 24 Hours endurance race. Previous owners include Harley Cluxton, Dr. Ron Finger, Albert Obrist, and Bernie Ecclestone. A similar model sold last year for $14.5 million.

1966 Ford GT40 MkII

$9,000,000-$12,000,000

Here’s one for us ‘Muricans. This 1966 Ford GT40 raced at the 24 Hours of Le Mans (driven by Ronnie Bucknum and Dick Hutcherson) and tucked behind the Shelby American-entered Mk IIs to cross the finish line in third place. The 1966 win for Ford was a punishing blow to Ferrari and the first win by an American car company. In 2003, this car won a Pebble Beach Concours d’Elegance People’s Choice award. RM Sotheby’s estimates a sale price of somewhere between $9 and $12 million.

1935 Duesenberg SSJ

$10,000,000-plus

1935 Duesenberg SSJ
Image used with permission by copyright holder

It may seem odd that the oldest car in this write-up could sell for the lowest price, but such is the nature of the collector car market. And still, an estimate of $10 million for this 1935 Duesenberg SSJ is nothing to sneeze at. This particular model was owned by Gary Cooper and was a twin to Clark Gable’s SSJ; both cars had La Grande Speedster coachwork and J-563 engines. Contributing factors to its value are its rarity, design, and prominent owner history, including D. Cameron Peck, Briggs Cunningham, and Miles Collier.

Article originally published August 2, 2018. Last updated August 23, 2018, to include further details about Monterey Car Week.

Miles Branman
Miles Branman developed a passion for cars early on thanks to a neighbor’s collection of rare and exotic vehicles. What…
Maserati unveils two M20 limited edition cars at Goodwood Festival of Speed
Maserati MC20 Icona.

Maserati MC20 Icona Maserati / Maserati

Maserati unveiled two limited-edition MC20 special series cars at the Goodwood Festival of Speed July 11-14. The Maserati MC20 Icona and MC20 Leggenda, limited to 20 units each, celebrate the 20th anniversary of Maserati's 2004 return to racing. Other Maserati supercars will also make their presence known at the Goodwood Festival on display and participating in the Hillclimb, a 1.16-mile race to a hilltop where the Maseratis will be displayed.
Maserati celebrates the MC12 Vitaphone and Stradale race cars

Read more
We drove a Lucid Air Touring EV: Warp speed and and life-saving responsiveness
The Lucid Air Touring responded immediately to avoid a certain accident
Lucid Air Touring EV left profile with unobtrusive Stealth Package.

 

When Lucid representatives offered a one-week driving experience in a Lucid Air Touring EV, I expected it would look cool, ride comfortably, and accelerate quickly. The Lucid delivered on those expectations. Fair enough, but a $105k vehicle should live up to its promises.

Read more
McLaren SUV: What we know so far
McLaren may be collaborating with BMW, again
McLaren Artura Spider

 

More details have emerged about McLaren’s upcoming SUV. The British marque, which is best known for its supercars and hypercars, is expected to launch a direct alternative to the Ferrari Purosangue in the near future.

Read more