According to an article on Mashable.com, Ferrari has launched a V12-powered hybrid supercar with a 789-horsepower gasoline and a 160-horsepower electric motor. The car reaches 62 MPH in 3 seconds. Just for a point of comparison, it takes one of the best selling cars in the US, the Toyota Corolla 8.5 seconds. So yes, this new Ferrari is a fast car.

In addition to being fast, the Ferrari also has a highly efficient motor, both at high speeds and low speeds. There will only be 499 models built and the price has not yet been announced, but if you’re driving one of these babies (or anything else for that matter), you better make sure you’re insured!

There are people (read: really rich) who are willing to pay ridiculous prices for cars, especially rare cars sold at auctions. In a heated auction environment, participants will often bid up the price way past what the car is worth. So, when looking at these cars, realize that it may have been the excitement of the moment that caused these outrageously expensive prices!

1962 Ferrari 250 GTO

Price Sold at Auction: $6.2 million

This car is so rare that when this one was sold in 1991 for $6.2 big ones, it was the last time this model was available on any market.

1931 Bugatti Royale Berline de Voyager

Price Sold at Auction: $6.5 million

This Bugatti Royale was sold in Reno, NV in 1986. Look at those wheels! The Bugatti is a luxury car that was intended for royalty. Only six were ever produced, and because of the unfortunate timing (just as the Great Depression took hold), only three were sold. If only Ettore Bugatti could have been around to see what his cars would fetch eighty years later!

1965 Shelby Daytona Cobra Coupe

Price Sold at Auction: $7.25 million

The Shelby was built for racing, winning the 24 Hours of Daytona, the Italian, German, and French Grand Prix, and setting 23 land speed records in 1965. Like the Bugatti, only six were built, which explains the incredibly high auction price.

Rolls-Royce 10 hp Two-Seater

Price Sold at Auction: $7.25 million

The Rolls Royce 10 was the first car to be made by the combined team of Charles Rolls and Henry Royce. Despite the name, the car actually had a power output of 12 hp, and could go up to 39 mph. Only sixteen were produced, and only four survive. You’re looking at one of them!

1929 Mercedes-Benz 38/250 SSK

Price Sold at Auction: $7.4 million

“SSK” stood for “Super Sport Kurz,” with “kurz” being German for “short.” Too bad, as it would have been much cuter to call it “Super Sport Short.” There were only thirty-three of these cars built, with many being crashed and then used for parts. Only four or five of the originals remain, making them one of the most valuable cars in existence.

1937 Mercedes-Benz 540K Special Roadster

Price Sold at Auction: $8.2 million

One of the largest cars of the time, the Mercedes Benz 540K series was notable for being one of the official cars used to transport the Nazi regime. The “540K Special” was a high-end version of the car, produced in limited quantities (only 32 were ever built).

The infamous Nazi Hermann Göring ordered a custom-built blue 540Ks with his family crest displayed on both doors, nicknamed the “Blue Goose.” When U.S. troops invaded, they took possession of the car, and it was used as a U.S. command vehicle until the end of the war, when it was auctioned off by the U.S. Treasury department. It was purchased by a private collector, who reunited the Blue Goose with the veterans who liberated her in 2002.

1962 Ferrari 330 TRI/LM Testa Rossa

Price Sold at Auction: $9.2 million

This car, sold in 2007, is the last of a long line of Ferraris that had the engine in the front. They now all have their compartments in the back. The Testa Rossa dominated racing championships in the 1950s and 1960s, winning the 24 Hours of Le Mans several times.

1931 Bugatti Royale Kellner Coupe

Price Sold at Auction: $9.7 million

Another of the Bugatti Royale cars, this one was unsold and eventually hidden at the Bugatti home to avoid being taken by the Nazis in World War II. The car is fifteen feet long and comes with a 12.7 liter engine. That powerplant was originally designed for airplanes!

1961 Ferrari 250 GT SWB California Spyder

Price Sold at Auction: $10.9 million

Oscar winner James Coburn once owned this convertible car, which was sold to the highest bidder in 2008.

1957 Ferrari 250 Testa Rossa

Price Sold at Auction: $12.2 million

This is the most expensive car ever sold at auction, with the transaction taking place on May 17, 2009. Question: if you had just dropped $12 million on a car, would you want all those people standing so close to it?

Pictures (Chronological)

http://static.cargurus.com/images/site/2008/10/06/07/55/1962_ferrari_250_gto-pic-11675.jpeg

http://images.forbes.com/media/lifestyle/2006/07/28/4_0728feat.jpg

http://www.carblog.co.za/wp-content/uploads/2009/04/1965-shelby-daytona-cobra-coupe-csx2601_1.jpg

http://www.ultimatecarpage.com/images/large/3415/Rolls-Royce-10hp-Barker-Two-Seater_3.jpg

http://www.worlds-luxury-guide.com/files/1_03_1929_Mercedes_SSK_front_landscape_bonhams.jpg

http://www.worldinterestingfacts.com/wp-content/uploads/2010/03/most-expensive-used-cars-sold-in-auctions-Mercedes-Benz-540K-Special-Roadster-1937.jpg

http://carpictures.bloggum.com/post/image-of-1962-ferrari-330-tri-lm-testa-rossa-classic-1024x768.html

http://carpictures.bloggum.com/post/image-of-1962-ferrari-330-tri-lm-testa-rossa-classic-1024x768.html

http://www.automod.ro/poze/2-bugatti-royale-kellner-coupe-1931.jpg

http://www.globalmotors.net/wp-content/uploads/2008/05/1961-ferrari-250-gt-swb-california-spyder-1.jpg

http://priuschat.com/forums/attachments/freds-house-pancakes/16469d1247111960-game-called-cars-1957_ferrari_250_testa_rossa_hr.jpg

Have you ever wondered what the cost would be of your favorite car? Well these car’s are a little more expensive than the average car. Each one of these cars are over 400,000 dollars! An amount that would make any car buyer sick to their stomachs. Some babies cry, some babies laugh, these babies go from 0-60 in 3 seconds. Here are the top 10 most expensive cars:

10. Porsche Carrera GT $440,000.

A supercar with dynamic stability control and a top speed of 205 mph+ and it can reach 0-60 in 3.9 seconds. The Porsche Carrera GT applies the absolute calibers of a true racing car to offer an unprecedented driving feeling on the road.

9. Mercedes Benz SLR McLaren Roadster $495,000.

A GT supercar, the SLR McLaren is the fastest automatic transmission car in the world with a top speed of 206 mph+ and reaching 60 mph in 3.8 seconds. It is a luxurious convertible with a really powerful engine, which results in outstanding performances and style.

8. Koenigsegg CCX $545,568.

Swedish made, the Koenigsegg is fighting hard to become the fastest car in the world. Currently, it is the 4th fastest car in the world with a top speed of 245 mph+, the car manufacture Koenigsegg is not giving up and will continue to try and produce the fastest car. Good luck with that!

7. Saleen S7 Twin Turbo $555,000.

The first true American production certified supercar, this cowboy is also rank 3rd for the fastest car in the world. It has a top speed of 248 mph+ and it can reach 0-60 in 3.2 seconds. If you are a true American patriot, you can be proud to show off this car.

6. SSC Ultimate Aero $654,400.

Don't let the price tag fool you, the 6th most expensive car is actually the fastest street legal car in the world with a top speed of 257 mph+ and reaching 0-60 in 2.7 seconds. This baby cost nearly half as much as the Bugatti Veyron, yet has enough power to top the most expensive car in a speed race. It is estimated that only 25 of this exact model will ever be produced.

5. Pagani Zonda C12 F $667,321.

Produced by a small independent company in Italy, the Pagani Zonda C12 F is the 5th fastest car in the world. It promises to delivery a top speed of 215 mph+ and it can reach 0-60 in 3.5 seconds.

4. Ferrari Enzo $670,000.

The most known supercar ever built. The Enzo has a top speed of 217 mph and reaching 60 mph in 3.4 seconds. Only 400 units were produced and it is currently being sold for over $1,000,000 at auctions.

3. McLaren F1 $970,000.

In 1994, the McLaren F1 was the fastest and most expensive car. Even though it was built 15 years ago, it has an unbelievable  top speed of 240 mph and reaching 60 mph in 3.2 seconds. Even as of today, the McLaren F1 is still top on the list and it outperformed many other supercars.

2. Lamborghini Reventon $1,600,000.

The most powerful and the most expensive Lamborghini ever built is the second on the list. It takes 3.3 seconds to reach 60 mph and it has a top speed of 211 mph. Its rarity (limited to 20) and slick design are the reasons why it is so expensive and costly to own.

1. Bugatti Veyron $1,700,000.

This is by far the most expensive street legal car available on the market today. It is the fastest accelerating car reaching 0-60 in 2.6 seconds. It claims to be the fastest car with a top speed of 253 mph+. However, the title for the fastest car goes to the SSC Ultimate Aero which exceed 253 mph pushing this car to 2nd place for the fastest car. This is one baby you won’t ever want to let go of.

Source: http://www.thesupercars.org/top-cars/most-expensive-cfars-in-the-world-top-10-list-20010-2011/