Owning a classic car is an enjoyable and valuable asset that could be appreciated over time. Given that classic cars are no longer in production, their supply is set to decrease rather than increase, potentially driving up prices. Naturally, you’ll want to protect your investment with classic car insurance. If you’re seeking insurance agents offering classic car insurance in Las Vegas, NV, consider contacting All Nevada Insurance Inc. For now, let’s explore some of the most valuable classic cars.

Collecting the Most Valuable Classic Cars

The most valuable classic car ever sold at auction was the 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe, which fetched more than $140 million. This is an extraordinary sum. Even other classic cars fail to come close, like the Alfa Romeo 8C 2900B Touring Berlinetta, which fetched just under $19 million, still a respectable sum.

While these cars are scarce, less rare cars can still fetch a significant sum but are more obtainable and can still make for a great investment. You can purchase a 1967 Ford Mustang, one of the most popular and iconic muscle cars of all time, for less than $40,000. However, expect to pay hundreds of thousands if you want an especially rare model, like the Shelby GT500 Super Snake.

Another popular and rare collector’s muscle car is the Plymouth Road Runner Superbird, which has a rich racing history. These super-desirable cars sell quickly at auction and can fetch more than $200,000.

Many other classic cars are quite valuable. If you own a collector’s car, it’s wise to protect it with classic car insurance. Looking for insurance agents who offer such insurance in Las Vegas, NV? Visit the team at All Nevada Insurance Inc.