20 Most Expensive Cars Sold at Auction

15. 1968 Ford GT40

Auction price: $11,000,000

A 1968 Ford GT40 P/1074 was sold on August 17, 2012 by RM Auctions in Monterey, California for $11,000,000 USD. The sale made the car one of the most expensive American cars to be sold at auction. The Ford GT40 is a high performance endurance racing car that is powered by a OHV V-8 engine rated at 440 bhp at 6,800 RPM supported by four 48 IDA Weber carburetors. The car also has a five-speed manual gearbox along with an independent front suspension with unequal-length A-arms as well as Koni adjustable shock absorbers. The car has an excellent race history, and the GT40 is famous for its four straight victories at the Le Mans 24 Hour endurance race.