1959 Ferrari Sells for More Than $3 Million at Scottsdale Auction

This past Saturday, a 1959 Ferrari 250 GT LWB California Spider sold for $3.3 million at the inaugural Gooding & Company Scottsdale Auction. The car set this year’s record for the most expensive vehicle sold at the 2008 Scottsdale Auction Week. The Ferrari is one of only fifty long-wheelbase California Spiders ever produced.

All told, 64 cars were sold at the Gooding & Company auction for more than $21 million total. Seven cars sold for more than $1 million individually. World-record sales were set for the Alfa Romeo 6C 1750 ($1.54 million) and the Rolls-Royce Phantom II Streamline Saloon ($852,000).

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