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The 10 Most Expensive Cars Ever Sold At Auction

NEW YORK (TheStreet) -- A classic car can have a special meaning, making a car collector willing to pay any amount, in order to own the vehicle. To some, a classic car is a work of art that holds a historic, sentimental or simply an aesthetic value that makes it a must own for the buyer.

Collecting cars can be one of the most expensive hobbies a person can have. Many cars placed on the block at auctions are in limited supply and owning such a car gives you a unique item others will come to admire.

For many of us, whether we are buying a new or used car, the worry of how we will pay for it can be burdensome, but for those die-hard classic car collectors no amount is too much.

The following ten cars are the most expensive ever sold at auction:

1954 Mercedes-Benz W196

Must Read: Why J.C. Penney (JCP) Stock Is Surging Today

Original price:  $29,600,000 
Price Adjusted for Inflation:  $29,967,886
Sold by:  Bonhams Auction on July 12, 2013

Produced in Germany, this car brought Mercedes-Benz back into the world of grand prix racing. The car was Germany's Formula One entry in the 1954 and 1955 Formula One sessions, winning 9 of the 12 races in which it was entered.

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