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Ferrari 250 GTO sells for $35 million

A Ferrari 250 GTO – once owned by Sir Stirling Moss – is reported to have sold for a record-breaking $35 million. The Ferrari 250 GTO is probably the most coveted car on the planet and is, therefore, one of the most expensive. Simple supply and demand dictates that when a product is reckoned to be the best there is and the supply is limited prices will rise.

Double Oh My! James Bond Aston Martin sells for $4.6 million

Perhaps the single most breathtaking car of the fall auction season, a 1964 Aston Martin DB5--better known as the James Bond car--sold for $4.61 million to Ohio collector Harry Yeaggy on Wednesday at the RM Auctions Automobiles of London sale. The Aston was expected to sell for more than $5 million, and the sale fell a bit short of that, registering a final bid of 2.6 million British pounds, or $4,114,760. Buyer's premiums raise the total sale price to $4.61 million.

Electric Fiat 500e costs the same as 500 Pop – in the US

Sergio Marchionne reckoned Fiat would lose £7k on every 500e they sell, but that may be a very conservative estimate judging by the deal Fiat has put together for the 500e in California, where it’s just launched. For a very modest down-payment of £650 and then £130 a month, you can drive off in a brand new Fiat 500e. That’s exactly the same deal Fiat offers on the 500 Pop – a car that cost under £10k in the UK – making the 500e the first EV we’ve come across where costs are sensible.