Mercedes-Benz crashes record for most expensive car sold at $142M

These wheels of fortune are turning in Mercedes-Benz’s favor.

The German automotive brand confirmed that it has sold a luxury car for a mind-boggling $142 million (135 million EUR), shattering the previous record for the most expensive vehicle ever sold.

“We [wanted], with one single act, to demonstrate the power of the Mercedes brand,” said their chairman, Ola Källenius, in a statement following the closed invitation auction on May 5 at the Mercedes museum in Stuttgart, BNN Bloomberg reported. The event was held in collaboration with car auction firm RM Sotheby’s.

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