Automobile

This Ferrari LaFerrari Might Set an Auction Record

ferrari laferrari

Tom Gidden ©2021 Courtesy of RM Sotheby’s

The Ferrari LaFerrari is a strange one. The defining Ferrai of the 2010s was a deserving halo car that ushered in the company’s hybrid era with an unforgettable look. It also failed to break away from its contemporaries, the McLaren P1 and Porsche 918, to stand alone as an immortal in the way the F40 did when this Ferrari halo line started in the late ’80s. It leaves something between an instant classic and just another collectible sports car, a car that belongs in a museum but not quite on the museum’s brochure. While that doesn’t necessarily leave the LaFerrari as an untouchable unicorn, it still makes just about every private sale newsworthy.

ferrari laferrari

Tom Gidden ©2021 Courtesy of RM Sotheby’s

This particular LaFerrari is headed to auction in November. Every 1-of-499 LaFerrari is special, but this one adds the distinction of being the only car ordered in a shade of wine-like purple called Vinaccia. That shade and the complimenting Pelle Chiodi di Garofano (brown) interior both come from historic Ferraris in the original owner’s collection.

Like every LaFerrari, the whole thing is highlighted by a V-12 and an F1-derived hybrid system that combined to produce just under 950 horsepower. That helps the car to reach 60 mph in 2.4 seconds and a quarter-mile in under 10 seconds, both high watermarks for Ferrari’s stable at the time. That complicated hybrid system is expensive, though; CarBibles reports that the LaFerrari’s KERS energy recovery unit costs about $200,000. And that number is before what would be a very difficult installation.

ferrari laferrari

Tom Gidden ©2021 Courtesy of RM Sotheby’s

LaFerraris were available new only to select high-level Ferrari buyers, so a car like this with under 1000 miles represents an incredibly rare chance for the open market to get their shot at an example. The few cars that have gone to auction already have sold in the $5 million to $10 million range, highlighted by the record-setting sale of the last LaFerrari Aptera in 2017. In the time since, the collector-car market has exploded at all levels. While this car could just as easily come in at the more modest $5 million, conditions are right for this like-new car with a one-of-one color and a story to break the LaFerrari’s own record for highest-ever sale at auction for a 21st-century car.

The 2016 LaFerrari will sell at next month’s RM Sotheby’s auction in London. If you have seven to eight figures to spend on a collectible car, you may not find a better investment anytime soon.

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