What is it that makes certain cars more collectible than others? Certainly the car’s condition, its documentation, and any unusual factory options can affect a car’s value. However, I think the most important factor is rarity. The less common a car is, the more valuable it becomes.
Sometimes car manufacturers deliberately make small runs of cars, ensuring that they will become instant collectibles. Take a look at some recently produced exotic cars and their prices:
Lexus LF-A Supercar – 500 units – $375,000 each
Aston Martin One-77 – 77 units – $1,000,000 each
Lamborghini Veneno – 3 units – $3,000,000 each
It boggles my mind that automakers can produce a run of $1 or $3 million dollars cars and have no trouble selling all of them. However, it wasn’t always this way. There was a time when automakers had a hard time finding buyers for hyper-expensive cars. One of the first manufacturers to create a ridiculously high-priced supercar was none other than the Hudson Motor Company.