1964 Ferrari 250 LM Auctioned For Almost INR 60 Crore!

RM Auctions of Arizona recently enjoyed their best ever auction in the state, with over 17 cars selling for more than a million dollars each. That's plenty of moolah to smile about, but there were some very special cars that went under the hammer.

Like a very special 1964 Ferrari 250 LM that sold for USD 9.6 million (around INR 59 crore), a new record for an Arizona sale. Other exclusive Ferrari machinery too racked up the greenbacks. A restored 1966 Ferrari 275 GTS brought home USD 2,365,000 (around INR 15 crore) while a sparingly-used 1984 Ferrari 288 GTO sold for a highly impressive USD 2,75,000 (around INR 17 crore).

Other not-so-glamorous but still very special cars aroused deep-pocket interest as well-a Group B Audi Sport Quattro sold for USD 401,500 (around INR 2.5 crore), a 1969 Porsche 911 S ‘Soft Window' Targa notched up USD 286,000 (around INR 1.8 crore), and a 1975 Lamborghini Urraco brought in USD 126,500 (around INR 78 lakh), setting a new auction record for the model.

Do you think the auction culture is prevalent in our country? Write in and let us know if you've ever purchased a classic car at an auction, or even simply your experience at an exclusive auction.