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World's Most Expensive Car! 1936 Bugatti Atlantic Sells For More Than $30 Million

Bugatti Atlantic

First Posted: 07/07/10 06:12 AM ET Updated: 05/25/11 05:25 PM ET

Earlier this week, a Bugatti originally built in 1936 sold for more than $30 million to an anonymous buyer, Autbolog reported.

USA Today calls it "the most expensive used car ever," while the Wall Street Journal called it the "most valuable car ever known to have changed hands."

The auction was handled by Gooding & Company, a Santa Monica, California-based auction firm. In a statement, David Gooding, the company's president and founder, called the vehicle "one of the world's most significant and valuable automobiles."

The Bugatti 57SC Atlantic was previously owned by the trust of the late Dr. Peter Williamson, a neurosurgeon and car collector. The vehicle was the first of just three Atlantics built, according to Gooding & Company.

Whoever the buyer was, they join designer Ralph Lauren as the only two owners of these extremely rare rides.

The Wall Street Journal has some background on the vehicle:

The 57SC Atlantic was based on the Aerolithe Electron Coupe, a show car built for the 1935 Paris Auto Salon. The car's low-slung, pontoon-fender design was the work of Jean Bugatti, son of founder Ettore Bugatti. The show car was fashioned out of magnesium panels that were difficult to weld, and so Bugatti employed the car's distinctive riveted seams. And while the three production Atlantics were built of weld-able aluminum, the seams were retained as a design cue.
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11:55 AM on 05/13/2010
For some people automobiles are like art...if this was a Monet painting would the comments be the same?
The real value of a thing is what someone is willing to pay for it.
What will you say in 5 or 10 years when this same car brings in 5 million more?
I shouldn't even have to mention that if you are worth Billions then spending 30 million on some Thing that you really Want doesn't matter that much.
I'm assumming that the new owner already has a house,a car to drive, education for his kids, helth insurance and plenty more money in the bank.
08:35 AM on 05/13/2010
Goes to prove a sucker born every day. Hey think the buyer would be interested in a bridge in Brooklyn I have one for sale ?
05:26 PM on 05/11/2010
Does it have airbags! Ha
05:13 PM on 05/11/2010
Pfft, I'll take an SUV over that any day. Its fun and the AC will certainly work.
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Sandra Stipp
03:32 PM on 05/11/2010
Sorry but that is one ugly mother of a car. How many people could $30M feed? I just don't get it with people......no conscience I suppose only self-indulgence.
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AyeChart
Retired Army, half-retired physician
01:32 PM on 05/13/2010
I wouldn't call it beautiful, but considering its era, it's got some nice lines. And the Bugatti had some innovative mechanical features, ahead of its time. Now I wouldn't pay that much, even if I could. A new Infiniti M56 would drive much better...
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LeeLee
12:46 PM on 05/11/2010
An impressive car, but not my favorite. Give me an old Packard, Rolls, Duesenberg, Cord, Stutz, Lincoln or LaSalle. Please.
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Ricardo01
The poodle chews it.
12:16 PM on 05/11/2010
You could get 50 or so Ferraris for the same money. Or 2000 Toyotas. Just sayin'.
OverseasVet
stuck in a 3rd world country called texas
11:00 AM on 05/11/2010
I'd rather have a Deusenberg SJ and a long road.
10:37 PM on 05/10/2010
The "Atlantic" is the pinnacle beyond question, but there are similar, less elegant Bugatti's (Atalante...) and Type 57's almost as mouth-watering (IMHO.) There are some wonderful Talbot-Lago's, with even more expressive, dynamic styling. At one time there were two "kit-car" Type 57SC replica bodies available. For those with beer budgets but vintage Champagne taste.
Damn those hedge-fund managers!
05:28 PM on 05/10/2010
So this is the relic found in some deceased doctors garage. What a find and it is art. Does anyone know what the Manufacturers original price was? I'm guessing approximately 2700 dollars seeing how its a custom piece.
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ManuOB1
A voice crying in the wilderness
09:51 AM on 05/10/2010
Now, a Mercedes Maybach, THAT is one beautiful car!
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ManuOB1
A voice crying in the wilderness
09:50 AM on 05/10/2010
I'll take two, they're small.
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llibsetag
12:29 AM on 05/10/2010
Let me guess who bought this car...
JAY LENO with his new "signing bonus" for returning to the Tonight Show.
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Paul Replogle
leftwing nutball
11:41 PM on 05/09/2010
Great Car! Way ahead of it's time by the Master Bugatti. I'm glad it is preserved! Ralph's is black a much better color for the car.
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janejoad
11:18 PM on 05/09/2010
See, this is what I'm talkin' about. Why does this matter? IT"S UGLY. That's why there's only three. AND, I agree with olddognewtrick below me, the bigger the price, the smaller the wiener. However, I do see this same phenomenon with the big pick up truck.

EVERY woman knows this.
12:31 AM on 05/13/2010
The idea that men who like cool cars--and anybody who doesn't think a Bugatti Altantic is a cool car, doesn't know what they are talking about--are underendowed is an example of what I like to call "Women ruining men's fun". Women are capable of being jealous of golf clubs, fishing rods, and especially cool cars. And that's obviously where janejoad is coming from.
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janejoad
12:16 PM on 05/13/2010
Mike.........no. It's an opinion, janejoad here has no desire to keep her man from his pursuits. If he wants to drive an UGLY car, so be it, but he doen't play golf, he prefers the billard table, at which I can join him ,and fishing only when we go to our place in Montana.

I understand the hard on for the cars and motorcylces etc., but $30M out the door to such pursuits, tell me this guy is a show off, and that my friend IS the BIGGEST turn off to this woman. I like the understated guy..........