On May 5, 2022, in a secret auction at the brand's museum in Germany, Mercedes-Benz sold one of just two 1955 300 SLR Uhlenhaut coupes from its extensive collection of historical automobiles—which dates back to the earliest days of the car in the late 19th century.
[2] The 1904 Rolls-Royce 10 hp Two-Seater is currently listed on the Guinness World Records as the most expensive veteran car to be sold, at the price of US$7,254,290 (equivalent to $10,660,000 in 2023), on a Bonhams auction held at Olympia in London on December 3, 2007.
[18][30] The market began in the 1970s when used Ferraris were exported to Italian exotic car dealers in the United States who were willing to buy every vehicle which they were offered.
[31] When the bubble burst, it was resold to Talacrest, an Egham (in Surrey) based Ferrari dealer for $2.7m in 1994,[35] and was eventually sold again to David Morrison (a London-based American) for an estimated $3.5 million.
[37] Between 2005 and 2010, the value of vintage cars have increased by an average of 21%, according to Dietrich Hatlapa of the HAGI Index (Historic Automobile Group International).
[36] One of the largest challenges faced by those who invest in collectible cars is the risk of immediate devaluation following an automobile accident which causes physical damage to the vehicle.