Meet The Costliest Car Worth Rs 400 Crore!

It is already known that cars and high-end automobiles are some of the most prestigious collectibles for the wealthy section of the global population. There are times when this fascination goes beyond expectations, and we have a similar story in development.

The discussion is about a new Ferrari car that is currently introduction stage and it is already being sold for astronomical prices. Ferrari’s first-ever electric car was sold for a sensational $40 million at auction, nearly 40x its estimate. The car, called the Luce, is Ferrari’s very first fully electric model. M

This auction result suggests that concern may have been overdone. Strong demand from collectors, even at 40x the estimate, is a good sign for how the car is actually being received.

It was expected to sell for around $1.1 million. Bidding opened at $1 million and shot up fast, eventually reaching $40 million. When we put that into Indian perspective, this Car would be essentially costing more than ₹370 crore in Indian currency, which is a pretty significant number. A big portion of this new production assembly line of Ferrari, which is going to create wonders in the segment.

The fact that this car is sold for more than ₹370 to ₹400 crore shows a lot about the kind of abnormal craze that Ferrari has in the automobile segment globally.

This is the first all electric car from Ferrari, so there is a lot of expectation on how this Italian car maker would be developing this particular model, which will be a fresh innovative way to debut.