The 35 Most Expensive Cars Sold at Auction

1962 Shelby Cobra 260 – $14,354,375 – RM Sotheby’s

1962 shelby cobra 260(RM Sothebsy), car at auction
RM Sotheby

The first Shelby Cobra became the most expensive American car at auction (replacing the 1968 Ford GTO) when it was picked for $13.75 million in 2016. The car was in exceptional condition when sold; it was owned by a single family for over 50 years.