the rarest cars in the world are viewed as priceless collector’s items all over the world. There are several reasons for their uptick in value. Either there were so few of a particular model built; the vehicle’s age; or having a unique design. Cars that fit any or all of these criteria can fetch the owner a hefty sum, either at auction or via private transactions.
Moreover, there doesn’t seem to be a limit to the price these investors will pay to get their hands on one of these rare and valuable cars. For them, money is no object.
So, starting from bottom to top, the following is a list of 12 of the rarest cars in the world, and the insanely high prices investors paid to get their hands on them:
12. A Dodge Coronet Convertible That Sold for $250,000
let’s start the list of the most Rarest Cars in the World with, Dodge Coronet Convertible
The Dodge Coronet convertible was first introduced in 1967, but the company gave it an encore performance in 1970. This car is extremely rare and made it onto the list in lieu of that fact alone. The Chrysler Corporation produced only two of the vehicles for each model year.
Now, mind you, the Dodge Coronet convertible isn’t the most attractive car in the world, and there’s nothing special about its design features. Yet, the fact remains it is one of the rarest cars in the world, and that alone was enough to make it continue to increase in value. Again, investors love rare objects, so whoever purchased this car at auction obviously didn’t mind shelling out the big bucks.
11. A Packard Panther That Sold for a Hefty $360,000
The Packard Panther debuted in 1954 as a concept car that featured some design changes that were considered extremely radical for that period. Viewed as a luxury car, the Panther was a two-seat convertible with Clipper tail lights, a uni-molded fiberglass body, and a detachable hardtop roof. Only four Panthers were ever built, of which, only two are still in existence. An anonymous buyer shelled out $360,000 at auction in 2006 to purchase one of the last surviving Panthers.
Dubbed the “Daytona,” the Packard Panther was designed to showcase what the Packard company believed was the future of automotive engineering. And the direction the company planned to take with future models. However, the Panther never entered mass production, so it remains one of the world’s rarest automobiles.
10. A 1969 ZL1 Camaro Sold for a Whopping $1,000,000
Viewed as the best model ever to emerge from the iconic Commaro line, the 1969 ZL1 is a stunning muscle car that continues to attract the attention of collectors and dragsters the world over and has been doing so ever since the first one rolled off the assembly line in 1969.
The Camaro is a classic car that can easily garner offers of up to a million dollars at auction, but what makes this baby so special is that it was the last model produced from the 1st generation Commaro line, which was manufactured in 1967 and 1969 model years.
The ZLI featured a rear-wheel drive and its bay supported several different engine sizes. The epitome of the classic muscle car, the 1st generation 1969 ZL1 Commaro has routinely fetched $1,000,000 at auctions all over the country.
9. A ‘48 Tucker Sold for 1.5 Million Dollars at Auction
The ‘48 Tucker enjoys the distinction of being an extremely rare automobile, and a notorious one at the same time. Dubbed the “Torpedo,” the ‘48 Tucker is an eponymous automobile that has the distinction of being named after its designer, Preston Tucker, and the model year.
Preston Tucker only managed to bring 51 of these magnificent vehicles to fruition before his Chicago-based company went under on March 3, 1949; the result of some investment irregularities that attracted the attention of the Securities and Exchange Commission and a ton of negative news headlines.
For his part, Preston was eventually acquitted of all charges, but his company didn’t fare so well – which, ironically, made the 51 ‘48 Tucker vehicles he built extremely rare and extremely valuable.
There is a conspiracy theory that holds that the Big Three automakers conspired to destroy Preston Tucker’s business, as they viewed the fledgling automaker as a major threat. In fact, the 1988 movie, “Tucker: The Man and His Dream,” paralleled the intriguing saga that was the groundbreaking automaker’s life. Interestingly, the movie’s director, Francis Ford Coppola, is a proud Tucker owner and has it on display on his California winery’s grounds.
Although the original price for his Tucker was priced at $1,000, today its value is estimated to be around $1.2 million.
8. An Astin Martin Bulldog Garnered $1.3 Million At Auction
The Astin Martin Bulldog is a strange-looking vehicle that conjures up images of the Delorean featured in the sci-fi cult hit, “Back To The Future.” it even shares the same gull-wing door design of the highly-recognizable time-traveling vehicle. The truth of the matter is, this strange concoction is a one-time testbed that the British automaker, Astin Martin, produced back in 1979. Originally, the automaker had planned to produce 25 of the vehicles to test the market’s acceptance of the revolutionary-shaped vehicle. However, they ended up making only one of the Bulldogs, eventually dubbing it the DP K9 01 after a character in the popular sci-fi TV show, “Dr. Who,” something that only avid fans of the show would probably recognize.
Even though it was built in Britain, the Bulldog has the steering wheel on the left-hand side. And st 15 feet, it is an unusually long vehicle, yet it also has an extremely low profile at only 43 inches.
The vehicle’s instrumentation features a digital display and has a video monitor mounted on the center console for viewing objects behind the vehicle.
Under the hood, the bulldog has an imposing 5.3 liter, twin-turbo V8 engine that generates a whopping 600 horsepower capable of producing speeds in excess of 190 mph.
In 1980, Astin Martin sold the Bulldog to an American collector for what now seems like a measly $130,000. The now prized Bulldog resurfaced in 2011 and sold for $1.3 million to a British investor, returning the Bulldog to its English homeland. Unfortunately, the new owner decided to repaint the vehicle, and instead of its once gleaming, metallic finish, the famous Bulldog now sports a bland green facade.
7. A Mercedes 300SL Gullwing Sold for a Cool $1.5 mil
Speaking of unusual-looking cars, the Mercedes 300SL looks strange even for the Mercedes line. Debuting in 1954 as a two-seat coup with the futuristic gullwing door design, the Mercedes was the first automobile to offer fuel injection and was touted by the company as being the world’s fastest automobile at the time. It could generate speeds of, what was at that time, an unfathomable 160 mph.
The original coup design was produced from 1955-1957. The company continued to produce a modified roadster version until 1963 when the company ended production.
Popularized by post-war Americans during the ‘50s, the SL 300 takes its name “300” from the size of the engine (3.0 liters), while the SL stands for “Sports-Lite.”
The Mercedes 300SL made its debut at the New York Auto Show and was a roaring hit, and its popularity among investors has only grown since then. Many of them are attracted to the revolutionary design of the vehicle’s gullwing doors.
6. A Talbot Lago Grand Sport Sold at Auction for a Whopping $2.5 Mil.
Talbot is an automaker with a checkered past. It began as an independent company in 1903 and remained in operation, in one form or another, up until 1994. The company failed to produce any vehicles from 1960-1978, as ownership of the company changed hands several times in the interim. Its owners ranged from automakers from Chrysler to Peugeot. The automaker also had to file for bankruptcy protection many times during its tumultuous past.
In addition to producing regular, everyday vehicles, the automaker also ventured into the racing genre, producing race cars for the Formula One racing circuit. In fact, it was a Talbot that won the World Rally Championship in 1981.
In the midst of its chaotic past, the company started a revolution in auto design when it built the now rare Lago Grand Sport in 1984; a make that came in both a sporty and luxurious model.
Not only is the legendary Lago Grand Sport remarkable because of Talbot’s checkered past, but it is also interesting because only 12 of the luxury models ever rolled off the assembly line. This made it one of the world’s rarest cars and placing it squarely in the sights of the world’s most determined collectors.
5. A Porche 916 Brought in a Hefty $3 Mil
Maybe you’ve heard of the Porche 11? But, you’ve probably never heard of the Porche 916, unless, of course, you’re a collector. Well, Porche 916 is one of the rarest cars in the world today.
Debuting in 1972, only 11 of the magnificent 916 models were ever produced, and all of those were prototypes. And out f those 11, only one of them made it to the U.S. That precious gem is now strictly guarded at the Atlanta Automobile Museum in Marietta, Ga.
Amazingly, what led to the 916’s demise was the price. At $14,000, an enormous sum in those days, the 916 was deemed too expensive to produce, as cash-strapped consumers were unlikely to shell out that kind of thought in 1970. So, after the production of the initial 12 prototypes, the program was halted.
Upper management decided instead to focus on the 911 model, which carried a more palatable $10,000 price tag.
Being such a magnificent vehicle, it is truly sad that it wasn’t given the chance it so richly deserved. It had a top speed of 145 mph, a Porche record at the time. It was also lighter than the 911, and the 914, models. Some of its features included a stiffer suspension, pressurized shocks, four-wheeled vented disc brakes, and sway bars on the front and rear.
4. A 1954 Oldsmobile F-88 Sold For an Impressive $3.5 Mil
Even if the Oldsmobile F-88 wasn’t considered one of the world’s rarest automobiles, it would still be highly coveted by collectors.
The F-88 made its debut in 1954 sporting an attractive body design that would’ve made it an instant classic anyway. But, since there were only four of these beauties ever produced, it only enhances its value, making it one of the most sought-after vehicles in the world.
Some of the other impressive features that make the F-88 so attractive are its 250 horsepower Rocket engine and fiberglass body construction. For many automotive historians, the F-88 is recognized as a trendsetter. If you would like to see one of these gorgeous machines, there’s one on display at the Colorado Gateway automobile Museum. The one mentioned above was sold at the Barret-Jackson Collector Car Auction.
3. A Ferrari GT Spyder Convertible Sold For an Astounding $10 Mil.
Speaking of rare, they don’t come any rarer than the Ferrari GT Spyder Convertible. Only one of these gems was ever produced, making it, not only the rarest car Ferrari ever produced, but also one of the rarest cars in the entire world.
Every other Ferrari GT spyder 250 produced in the years 1953 and 1956 were coups. This lone model was sold off the rack at the 1956 New York Auto Show to a collector by the name of Bob Lee for $9,500.
The interesting about this deal is that Bob Lee went to Enzo Ferrari, the company’s owner, and namesake and personally negotiated the deal. What is more interesting is Lee is still the proud owner of this one-of-a-kind vehicle to this day, making it one of the world’s oldest single-owner, original-purchaser vehicles.
Although Bob Lee paid $10 mils for this treasure, some collectors speculate that it could bring in a lot more if it were auctioned off today.
2. A 1921 Helica de Leyat Sold for an Unbelievable $20 Mil
As you can see the second on the list of most Rarest Cars in the World It cost 20M $
Built by the French automaker Marcel Leyat, the 1921 Helica de Leyat encompasses everything that constitutes an old, rare collectible automobile. In fact, it is extremely old, as indicated in its name, and just as rare, as indicated by the fact that only 30 of the prized vehicles were ever built. Moreover, it still maintains its original and unique design characteristics.
Manufactured in France in 1921, the Helica was dubbed “The Plane Without Wings” by the journalists of the day who had the opportunity to scrutinize it. Like with an airplane, passengers sat in a row, one behind the other, and steering was controlled by the rear wheels. Also like an airplane, this unusual vehicle was not powered by a drive train, but a propeller mounted on the back of the vehicle.
The body was constructed from regular plywood, and the whole thing weighed in at 550 lbs. The lightweight construction made it possible for Helica to attain some enormous speeds for the time. It was clocked at a top speed of 106 mph.
True to his experimental nature, Leya continued making improvements to his baby throughout the ‘20s, changing the propellers from two to four blades and making modifications to the engine in an attempt to make it more powerful. Ironically, it was the excessive speeds the Helica could attain that led to its demise – people just didn’t use to going that fast at the time. Consequently, between 192 and 1925, only 30 of the unusually engineered vehicles were ever sold.
Today, the remaining vehicles reside in private collections around the world and are rarely put up for auction. Nevertheless, the value of an original model has been estimated to be in excess of $20 million.
1. A Rolls Royce 15 HP Has Been Valued At an Astronomical $35 Mil.
The Rolls Royce 15 hp was the first automobile ever produced by Charles and Henry Royce. It debuted in Manchester, England in 1904. Only six of the Rolls Royce 15 hp’s were ever built, and out of that number, only one of them is still in existence, making it truly one of the oldest and rarest cars in the world.
The number 15 in the name represents the number of horsepower the automobile produced, which was a lot of power for that period. The “15” also touted a 3-cylinder engine capable of producing speeds of 39 mph.
The first Rolls Royce was introduced to the public at the Paris Salon in 1904, giving birth to the legendary company that is still synonymous with luxury to this day. Fortunately for rare car enthusiasts, the last remaining Rolls Royce 15 hp can still be viewed in museums and as it tours the country in various auto shows.
It is difficult to accurately estimate its true worth, but its replacement value has been appraised by insurance companies at around $35,000,000.