500th LaFerrari: The Most Expensive New Car Auctioned In The 21st Century
car&bike Team
1 min read
Dec 05, 2016, 04:15 PM

When Ferrari first kick started production of the LaFerrari, it had stated that the production of this hybrid supercar will be limited to 499 units. But plans changed following the earthquakes that hit Italy last year. The Maranello-based manufacturer then decided to build one more LaFerrari coupe and round off the figure to 500. There was a strong reason behind doing this and it's purely a charitable one. The car was to be auctioned and all the proceeds from this sale will be handed over for the reconstruction of central Italy.
Ferrari has successfully auctioned off the 500th LaFerrari at an impressive sum of $7,000,000 beating the previous LaFerrari auction record by more than $1.8 million. We want you to know that the original price of the LaFerrari is $1.4 million, and so you can imagine that the buyer has paid five times more for this precious piece of artwork. The unexpected LaFerrari #500 will feature the Italian tricolor flag on the front fascia along with a unique plaque on the inside to denote its special status.
The humongous price tag not only makes it the most expensive LaFerrari ever to be sold at an auction but it also makes it the most valuable car ever built in the 21st century which has gone under the hammer. Of course, the sum is still a long shout away from being the most expensive car sold at an auction ever, but it surely is the most amount ever paid for a new car at an auction
The Ferrari LaFerrari comes with a 6.3-litre V12 unit which is capable of punching out 789 bhp and 700Nm of torque. There's also a 161 bhp KERS unit (which Ferrari calls HY-KERS) which helps in providing short bursts of power. The combined output therefore stands at a staggering 950bhp, while it develops a massive 900Nm of torque. 0-100 Km/h is achieved in under 3 seconds while top speed is in excess of 350 Km/h.
These figures make it a bit more special, don't they? And they make you understand the sentiments behind buying this car and shelling out five times more money than its original price tag. After all, it's all for a cause, isn't it?
Ferrari has successfully auctioned off the 500th LaFerrari at an impressive sum of $7,000,000 beating the previous LaFerrari auction record by more than $1.8 million. We want you to know that the original price of the LaFerrari is $1.4 million, and so you can imagine that the buyer has paid five times more for this precious piece of artwork. The unexpected LaFerrari #500 will feature the Italian tricolor flag on the front fascia along with a unique plaque on the inside to denote its special status.
The humongous price tag not only makes it the most expensive LaFerrari ever to be sold at an auction but it also makes it the most valuable car ever built in the 21st century which has gone under the hammer. Of course, the sum is still a long shout away from being the most expensive car sold at an auction ever, but it surely is the most amount ever paid for a new car at an auction
The Ferrari LaFerrari comes with a 6.3-litre V12 unit which is capable of punching out 789 bhp and 700Nm of torque. There's also a 161 bhp KERS unit (which Ferrari calls HY-KERS) which helps in providing short bursts of power. The combined output therefore stands at a staggering 950bhp, while it develops a massive 900Nm of torque. 0-100 Km/h is achieved in under 3 seconds while top speed is in excess of 350 Km/h.
These figures make it a bit more special, don't they? And they make you understand the sentiments behind buying this car and shelling out five times more money than its original price tag. After all, it's all for a cause, isn't it?
Latest News
Bilal Firfiray | May 19, 2026Xiaomi YU7 GT Is The New King Of The Ring; Breaks Nurburgring SUV RecordXiaomi’s upcoming YU7 GT electric SUV has set a new Nürburgring SUV lap record, beating the Audi RS Q8 with a 7:34.93 lap ahead of its global debut.2 mins read
car&bike Team | May 19, 2026Manual-Only BMW M3 CS RevealedThe M3 CS Handschalter marks the final chapter for the current-generation M3, making it the first-ever M3 CS to feature a 6-speed manual gearbox.1 min read
Amaan Ahmed | May 19, 2026Skoda Epiq Debuts As Brand's Smallest EV Yet; Gets Two Battery Options And 440 KM RangeOnly slightly larger than the Kylaq subcompact SUV, the Epiq is the first model to adopt Skoda's new 'Modern Solid' design language; poised to achieve price parity with similar-sized ICE Skoda cars.4 mins read
car&bike Team | May 19, 2026Mini Cooper S JCW GP Inspired Edition Launched In India At Rs 58.90 LakhThis special edition of the Cooper S is limited to just 30 units.2 mins read
Bilal Firfiray | May 19, 20262026 Honda City Facelift Spied Undisguised Ahead Of Official UnveilNewer face, updated cabin, revised tail lamp design will be seen on the new Honda City, which will be officially unveiled on May 22nd2 mins read
car&bike Team | May 19, 2026Toyota Achieves New Milestone Of 3 Lakh Strong Hybrid Vehicle Sales In IndiaThis milestone figure solely includes self-charging strong hybrid vehicles, and not mild hybrids.1 min read
Preetam Bora | May 11, 20262026 Suzuki Burgman Street 125 Review: What’s Good, What’s Not?The new Suzuki Burgman Street 125 gets refreshed design, minor but meaningful tweaks to the engine, a stiffened chassis, new features and more. But is it worth recommending? Read on, to find out.8 mins read
Bilal Firfiray | May 11, 2026Audi SQ8 Review: The Performance SUV That Actually Makes SenseThe Audi SQ8 has the performance of a V8 seamlessly combined with the everyday luxury and comfort, making it one of the most complete performance SUVs on sale in India today.5 mins read
Jafar Rizvi | May 3, 2026River Indie Gen 3 Long Term Report: 1 Month, 400 km AfterAfter a month and 400 km, the River Indie impresses with its utility-first approach, smooth ride and standout design, despite a few everyday usability compromises.8 mins read
Bilal Firfiray | May 2, 2026Volkswagen Taigun Facelift Review: Still The Driver’s SUV, But Improved!The updated Volkswagen Taigun gets a new 8-speed automatic, a refreshed design, and added features. But does it still deliver the best driving experience in the C-SUV segment?5 mins read
Shams Raza Naqvi | Apr 29, 2026Toyota Innova Hycross Vs Mahindra XEV 9S: Choosing The Right Three Row Family MoverIn a battle of three-row cars the electric Mahindra XEV 9S takes on the Toyota Innova Hycross. Which one ticks more boxes?1 min read

























































































































