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The 10 Most Expensive Cars Ever Sold

9. 1964 Ferrari 250 LM: $14.3 Million

The 1964 Ferrari 250 LM was sold at RM Auctions in November 2013 for $14.3 million.

One of the first original examples of Ferrari's first mid-engine car, the vehicle finished eighth overall and first in class at the 1968 24 Hours of Daytona race. It is the 24th car of only 32 total 250 LM vehicles produced.

The Ferrari has passed through a number of hands since leaving the factory, including those of Ecuadorian drivers Guillermo Ortega and Fausto Merello. In 1983, it was purchased by a prominent Japanese collector, who put it on display in his personal garage for three decades. Before going to auction in 2013, the vehicle hadn't been seen in public in years.

The 10 Most Expensive Cars Ever Sold

Yahoo Autos

The most expensive cars out there aren't the ones coming out of factories today. Instead, they are vehicles built decades ago.

A Ferrari made in 2015 will run you from about $180,000 to $400,000. But to get your hands on a collector's model manufactured 50 years ago, you might be looking at numbers in the millions.

Car collecting is a worldwide endeavor, though in some markets it is more prominent than in others. "It's a global market; however, the United States and Europe both represent the very large majority of the market and where collectors are based," said Hatlapa. He also noted that buying cars goes far beyond investing. "These things have become a lifestyle," he said.

Most transactions take place on the private market -- Hatlapa estimates about 70% -- meaning prices are not always known. Other sales transpire on the auction blocks, and because they are public, their prices are out in the open.

Here are 10 of the most expensive cars to ever go down in the record books.

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