1955 Jaguar D-Type establishes a new auction record for a British car at $21,780,000.

RM Sotheby’s sale last night broke not one, but two records. The most valuable car auctioned was a 1955 Jaguar D-Type which went under the hammer for a whopping $21,780,000, thus becoming the most expensive British car to ever be sold at an auction. The bidding lasted 15 minutes, during which four collectors fought to claim the first D-Type supplied by Jaguar to a privateer team.

The final price was within the auction house’s estimate of $20M - $25M and the D-Type is now only the fourth British car to have hit the $10M mark at an auction. At the same time, chassis no. XKD 501 improved the previous auction record for a British car by more than $7 million, dethroning the $14.3M 1962 Aston Martin DB4 GT Zagato sold in December last year at an auction in New York.

As for the other record, the CSX 2000 representing the very first Shelby Cobra grabbed the impressive sum of $13.75M. It’s a new auction record for an American car, managing to eclipse the previous record established in August 2012 by the $11M 1968 Ford GT40 Gulf / Mirage.

Presented by its owner of 60 years, Jim Hall, the third most valuable car sold at the auction last night was a 1955 Ferrari 750 Monza Spider which set a new auction record for the model at a cool $5.22M. Offered from the Jim Hall Collection, the car’s final price was within the auction house’s estimate of $4M - $5.5M.

Source: RM Sotheby’s

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