These 10 Classic Cars Are Now Worth MillionsWhile value doesn’t always equate to desirability, some classic cars are so desirable that they have a genuinely hefty price tag. We aren’t just talking about hundreds of thousands of dollars either, but millions of big numbers that will shock the life out of you. This list will contain ten of the best classic cars that cost millions and explain why they are worth so much. There is an eclectic mix, from true classics like the Ferrari 250 GTO to more modern machines such as the legendary McLaren F1.Ferrari 250 GTOThe Ferrari 250 GTO is more than worthy of a place on this list. Produced from 1962 to 1964, the 250 GTO was designed to comply with the FIA’s Group 3 Standard Touring Car regulations. With racing in mind, Ferrari produced only a handful of 250 GTOs, with 36 made in total over the two years. Power came from a 3.0-liter Tipo 168 V12 engine, allowing it to compete with rivals such as the Shelby Cobra, Jaguar E-Type, and Aston Martin DP214. The Ferrari 250 GTO is now ridiculously valuable, with one selling in 2018 for $70 million at a private auction.Toyota 2000GTHailed as Japan’s first supercar, the Toyota 2000GT was a direct rival to Britain’s Jaguar E-Type and proved to the world that Japan was serious about performance. Initially, the 2000GT was to be a collaboration between Nissan and Yamaha, but before the former pulled out, Yamaha went to Toyota and proposed that they finish the job. Toyota agreed to employ its designer to create the 2000GT. What they created was a truly gorgeous car that handled just as well as it looked and could even take on the mighty Porsche 911. The 2000GT took its power from a 2.0-liter and 2.3-liter Toyota inline-six, and in 2024, you can easily see them sell for over $1 million.Ferrari F40Some say the Ferrari F40 is the best car the Italian manufacturer has ever produced. Launched in 1987, the F40 was the final car approved by Enzo Ferrari before he died in 1988, meaning it holds a special place in Ferrari’s heart. But it was also a wild, ferocious animal, thanks to the 2.9-liter twin-turbocharged Tipo V8 under the hood. That engine was good enough for 477 horsepower in US spec, making it one of the fastest and most powerful cars of the 1980s. The rawness of the driving experience is what gave it such high praise, and its value quickly saw it sell for up to $4 million.Mercedes-Benz W196The Mercedes-Benz W196 was an early Formula 1 car from the Silver Arrows, first appearing for the 1954 F1 season and also used during the 1955 season. It was driven by the likes of Juan-Manuel Fangio and Stirling Moss, taking nine wins in its career and securing the drivers’ title in both 1954 and 1955. Mercedes only made a small handful of W196s, and it will come as no surprise to learn they are ridiculously valuable. In 2013, an all-original W196 sold for a staggering $29,600,000, a number which scarcely seems believable.Jaguar D-TypeOf all of Jaguar’s creations, the D-Type might even eclipse the E-Type when it comes to its desirability. The D-Type was built from 1954 to 1957, with its sole purpose to conquer the famous Le Mans 24 Hours and dominate the race. The D-Type took its power from Jaguar’s straight-six XK6 engine, and Jaguar quoted itself as building 75 D-Types in total. The D-Type would win Le Mans three times, cementing its place as one of the best cars to ever take part in the event. With all its pedigree, it’s little surprise that the D-Type is super valuable, with one example selling for $21,780,000 at Monterey in 2016.