If you’re looking to invest in classic cars, then you can’t go wrong with a Bugatti.
The French cars have continued to increase in value, despite the pandemic.
Five automotive masterpieces from Molsheim were the five most valuable vehicles sold at auction internationally in 2020.
Never before have the five most expensive cars sold at auction been produced by a single manufacturer. Analysis by Classic Analytics, a company specialising in international market analysis and valuation of classic cars worldwide, shows .
“The current situation has certainly brought about a change in the auction market, from face-to-face to online auctions,” managing director, Frank Wilke, said. “But prices for exclusive, classic vehicles remain stable at a high level.
“Every historic Bugatti vehicle is unique. Those built between 1920 and the end of the 1930s set standards in both performance and design.
“But this year’s auctioned vehicles were particularly outstanding in terms of history and originality.”
The prices paid in 2020 are not surprising to experts.
To put this in perspective, Bugattis are considered the most valuable cars of all time.
Between 1936 and 1938, only four of the Type 57 SC Atlantic were produced, three of which still exist after more than 80 years.
The fourth is considered the Holy Grail of the automotive world and is still missing today.
If found, its speculative value would probably be much higher.
Bugatti Type 59 Sports (Chassis 57248)
A 1934 Bugatti Type 59 Sports with the chassis number 57248 was auctioned for $US 12.681 million ($16.7 million Australian) at Gooding & Company in London in September, 2020.
This makes it one of the most expensive Bugattis ever to come under the hammer at a public auction.
The Bugatti Type 59 Sports was created as a racing car for the Bugatti Grand Prix factory team and won the Belgian Grand Prix at Spa, later finishing third in the Monaco Grand Prix.
Some of the most famous and successful Bugatti racing drivers were at the wheel of this car – including Robert Benoist, Louis Chiron, René Dreyfus, Achille Varzi and Jean-Pierre Wimille.
After the successful racing season, Bugatti converted the Type 59 into a sports car.
King Leopold of Belgium purchased it in 1937. The vehicle remains in its original, unrestored condition to this day.
It is powered by 3.3-litre, in-line 8-cylinder supercharged engine.
The power output was around 184kW; other engine variants reached up to 280kW in the Type 59, which was built until 1936.
Bugatti Type 57S Atalante (Chassis 57502) A sum of EUR 10.44 million ($A16.5 million) was paid by the buyer of a rare and highly desirable 1937 Type 57S Atalante with the chassis number 57502 at the Gooding & Company auction in London.
It is a genuinely distinctive model that was purchased by British racing driver and Bugatti enthusiast Earl Howe in 1937.
The Bugatti Type 57S Atalante is one of only 17 cars that Jean Bugatti fitted with his sensational Atalante body.
The power unit is a turbocharged 3.3-litre eight-cylinder engine that delivers an output of up to 130kW in the Type 57S.
Bugatti Type 55 Super Sport Roadster (Chassis 55220)
A 1932 Bugatti Type 55 Super Sport Roadster with a factory body designed by Jean Bugatti fetched USD 7.1 million ($A9.4 million) at Bonhams’ Amelia Island auction in March, 2020.
Bugatti produced a total of just 38 Type 55 Super Sport chassis up until 1935.
Eleven of the 14 roadster-bodied vehicles built by Jean Bugatti are still in existence today.
Victor Rothschild, later the third Baron Rothschild, purchased the Type 55 as a new car and kept it in his collection for many decades.
In 1985, Boston professor Dean S. Edmonds Jr. acquired this Bugatti with the chassis number 55220 for GBP 440,000 ($A791,000).
This made it the most expensive car ever sold in Britain at the time.
In Edmonds’ ownership, the Bugatti was restored and won first place in its class at Pebble Beach in 1993.