1959 Ferrari 250 GT California sells for nearly $18M, exceeding expectations

Thu, Dec 7 2017

RM Sotheby's just wrapped up its auction in New York, where it sold off a pair of gorgeous silver roadsters, with one of them selling for the incredible price of $17.99 million. That car was a 1959 Ferrari 250 GT LWB California that we covered previously, and Sotheby's was only expecting it to go for between $14 million and $17 million. Apparently someone felt the car's rare aluminum construction and racing history was worth the extra cash.

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The other roadster went for considerably less money but was notable because of its previous owner, late Apple CEO Steve Jobs. The car is a 2000 BMW Z8 that the tech mogul had for around three years. The final sale price only met expectations, though, at $329,500. The original auction estimate was between $300,000 and $400,000.

Related Video:

Featured Gallery 1959 Ferrari 250 GT LWB California Spider Competizione by Scaglietti

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Image Credit: Diana Varga courtesy of RM Sotheby's, RM Sotheby's

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By Joel Stocksdale