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Mercedes-Benz crashes record for most expensive car sold at $142M

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BNN Bloomberg reported. The event was held in collaboration with car auction firm RM Sotheby’s.The automobile in question was an ultra-rare 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupé, one of only two ever manufactured.

Mercedes hasn’t divulged the buyer’s identity; however, the auction reportedly featured around a dozen bidders with multiple Swiss-Italian, English and US Mercedes-Benz collectors being floated as possible purchasers.

With the sale, the car company topped — nearly three times over — the previous public record of $70 million, shelled out in 2018 for a 1963 Ferrari 250 GTO.

Proceeds from the sale will reportedly go toward establishing the Mercedes-Benz Fund, a global scholarship fund aimed at helping cash-strapped students achieve their career dreams, per a Mercedes press release.The price may seem steep, but auto aficionados claim that the figure is appropriate given the caliber of the car, which can travel up to 186 mph.“That car is 100% worth what it sold for,” said rare automobile broker Stephen Serio. “Nobody ever thought Mercedes would sell it.”Indeed, the 1955 Mercedes-Benz 300 SLR’s value is due, in part, to the fact that the vehicle is exceedingly rare.

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