Advertisement

Satin Black Ferrari LaFerrari sells at auction for a record setting $4.7 million

The estimate pre-auction price came down to $3.9 million but the final bid came close to $4.5 million.

Advertisement
Tech2 News Staff|Aug 25, 2016, 13:33:45 IST

If you love super cars, then you are probably aware of Ferrari’s limited production hybrid sports car the LaFerrari. It was officially unveiled at the 2013 Geneva Auto Show and is based on the Ferrari FXX and research being conducted by the Millechili Project at the University of Modena. While only 499 units have been built, each cost more than 1 million US dollars.[caption id="attachment_331609" align="aligncenter" width="640"]Image: Mecum Auctions Image: Mecum Auctions[/caption][caption id="attachment_331640" align="aligncenter" width="640"]LaFerrari-Auction-10 Image: Mecum Auctions[/caption][caption id="attachment_331645" align="aligncenter" width="640"]Image: Mecum Auctions Image: Mecum Auctions[/caption]The Monterey Car Week just concluded last week which saw a variety of high-end cars going for auction. One of them was a custom satin black 2014 LaFerrari which sold for a groundbreaking $4.7 million. This is said to be a record price for the hybrid hypercar.[caption id="attachment_331637" align="aligncenter" width="640"]LaFerrari-Auction-2 Image: Mecum Auctions[/caption]The highly priced LaFerrari was one of the three painted in a shade called Nero DS Opaco, or for the layman, satin black. It definitely makes it stand out from usual shades of red. Even the wheels get a gloss black finish along with red brake calipers.[caption id="attachment_331638" align="aligncenter" width="640"]LaFerrari-Auction-5 Image: Mecum Auctions[/caption][caption id="attachment_331636" align="aligncenter" width="640"]LaFerrari-Auction-1 Image: Mecum Auctions[/caption]The hypercar has only clocked 211 miles (339 kilometers) which technically makes it brand new. The estimate pre-auction price came down to $3.9 million but the final bid came close to $4.5 million, this insane auction price is a clear indication that the LaFerrari is in high demand.

Handpicked stories, in your inbox
Global stories. Indian perspective. Zero noise.
No Spam. Unsubscribe Any Time.
First Published:Aug 25, 2016, 13:33:45 IST
Advertisement
Advertisement
Trending Stories

IIT Kanpur study finds no evidence E20 petrol damages engines, says mileage impact is minimal

Fresh research from IIT Kanpur challenges widespread claims that E20 petrol harms vehicle engines, concluding that the fuel blend causes no measurable engine damage and only a marginal impact on fuel efficiency. The findings come amid ongoing public debate over India's ethanol-blending programme and concerns raised by motorists.
2 min read
Advertisement
Advertisement
Up Next