The Ferrari 250 GTO is quite possibly the most expensive car in the world these days, and another one of the 39-unit production run is expected to auction for some 40 million Euros. What's that in taxes?
The car is listed (with the caption "The most valuable oldtimer in the world!!!") on Germany's Mobil.de for a cool 40 million Euros. CarScoops points to the 19% value-added tax, that's 47.6m. In American money, that's a jump from $53.7 million to $63.9 million.
The taxes alone come out to precisely $10,208,548. Think of the cars you could score for those taxes alone.
Photo Credit: Michael Furman for the Ralph Lauren Collection, Ralph Lauren's also-red 1962 GTO pictured