Most expensive car in the world sells for $142 million

The very rare 1955 Mercedes-Benz SLR coupe was sold to a private owner for 135 million euros,...
The very rare 1955 Mercedes-Benz SLR coupe was sold to a private owner for 135 million euros, the equivalent of $142 million.(Mercedes-Benz via CNN Newsource)
Published: May. 20, 2022 at 11:38 AM EDT
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(CNN) - Mercedes-Benz just made history by selling the most expensive car in the world, the company confirmed Thursday.

The very rare 1955 Mercedes-Benz SLR coupe was sold to a private owner for 135 million euros, the equivalent of $142 million.

Hagerty, a company that tracks collector car values, said that makes it the priciest set of wheels ever. The previous record was $70 million paid in 2018 for a 1963 Ferrari 250 GTO.

The record-setting Mercedes was sold at an invitation-only auction on May 5.

It was one of just two of its kind and has a top speed of 186 mph. The other one will remain at the Mercedes-Benz museum.

Mercedes said money from the sale will be used to establish the Mercedes-Benz fund, a global scholarship fund.

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