The Ten Most Expensive Cars In The World

The Ten Most Expensive Cars In The World


Michael Frank



People who don't have billions of dollars tend to think lavishly about what they would do with that kind of money. Car writers especially get this question: "Why doesn't Bill Gates just spend $1 billion to have his very own car made for him?"

Well, we usually answer such questions very politely--or scurry off to the other end of the cocktail party as rapidly as possible--but the truth is, we think billionaires get to be that way by not squandering their dough.

Which is not to say that the super-rich can't blow $1 million on a rare collectible car or have their choice of the world's fastest, most lavish production automobiles. Many of them do. All such vehicles are easily within their means--the same way a 3 Series BMW is easily within reach of perhaps a million Americans. But just as you wouldn't go spending new-vacation-home money on a car--lest you want to find yourself divorced faster than your new speedster can hit 100 mph--Bill Gates has better, smarter things to do with his billions than developing his very own car.

We bring this up, and put it in this context, because we wanted to let you know about ten of the most expensive cars in the world. But before we do, we think it's important for you to have a little perspective on what it is buyers in this market can and will spend, and what, even to these lucky few, becomes outlandish or just a big annoyance. (Yes, an annoyance even if you have minions to do your car buying, since it can still be a big waste of time to have said minions, say, bring a car into the U.S. that hasn't been crash-tested by the feds.)

As a result, there are several cars that exotic sheet metal fanatics may notice "missing" from our list, and we explain this by saying that just because a very wealthy person could go through extreme legal hassles to get such monsters, they probably won't. Three examples are the $370,000 Pagani Zonda C12S (a 200-mph Italian racer built in Italy and powered by a Mercedes-Benz AMG V-12), the 2002 Spyker C8 Double 12 (a Dutch-built GT car with a 4.0 V-8 and a claimed 620 horsepower that has yet to be priced) and the Cerbera 4.5 made by English carmaker TVR, which is much faster than the current Corvette although it costs a bit more at roughly $70,000.

The problem is that none of those cars are coming to the U.S. anytime soon, at least according to official word from their makers. So putting them on our list is like hanging candy in the window but not offering it for sale.

This, then, is a list of ten of the most expensive cars you can buy in the U.S. right now. True, some are new models that are just becoming available, such as the Saleen S7, the Ferrari 575 M Maranello and the Lamborghini Murciélago, but even these only require that you contact the company or visit a dealer to make a deposit (and wait, at most, six months, for delivery).

One final qualification: We fudged a little. This isn't precisely a top ten list of the most expensive cars. That would basically be a bunch of Bentleys and Rolls-Royces and only a few other makes. So instead we picked the highest-dollar cars of each of ten carmakers, so no manufacturer got two slots. After all, even if you could afford a garage full of Rolls, you'd probably like to have a Ferrari or Lamborghini, too.

Clink on the images below for a description of each car.



Saleen

Rolls-Royce

Bentley

Lamborghini

Aston Martin


Ferrari

Porsche

BMW

Mercedes-Benz

Jaguar
Most Expensive Jewelry Of The World

Most Expensive Jewelry Of The World

Diamond Necklaces

5mnecklace

$5 million

Diamonds are not only the girl’s best friend. They are also an economical man’s worst enemy! It is no secret that diamonds and diamond necklaces as well as diamond jewelry are costly. The ordinary you and I might wish to have a necklace with small, cheap diamonds just to tell others we have diamond necklaces as well, but well, otherwise, the more exotic diamond necklaces with large stones or many stones are simply not for average folks.

How about a diamond necklace that has a pear shaped diamond, about 75 carats? The necklace looks simply stunning with the diamond in it, and it costs only about US $5 million. There is also a diamond ring that is quite cheap - about $1 million. A beautiful diamond necklace, by Stefano Canturi, costs only about &750,000 - $1 million.

The Blue Diamond

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$7.98 million

It is the ultimate diamond in the rough. And if you have to ask how much it costs, you can’t afford it. A rare
and flawless blue diamond has set a record as the most expensive precious jewel of its kind ever sold. The gem, which is 6.04 carats and sparkles with an unusual blue hue, is almost as breathtaking as the
price it fetched at a Sotheby’s auction in Hong Kong.

Diamond of Hope

hope_large

$180,000

Cartier wanted a lot of money,” says Washington Post Columnist Sarah Booth Conroy, “and Evalyn was hesitant. So Cartier added, ‘Well, we’ve fixed it up now with a wonderful setting and you’ll like it.

Why don’t you keep it for a few days?’ And so she put it on her dresser and she looked at it and she looked at it…” “For hours that jewel stared at me,” remembers Evalyn in her autobiography, “and at some time during the night I began to really want the thing. Then I put the chain around my neck and hooked my life to its destiny for good or evil.”
The deal closes at $180,000; Cartier’s elaborate sales pitch has worked. The Hope diamond is the largest and most perfect blue diamond in existence, but for the young and impetuous heiress, its fascinating past is the hot selling point. “Besides that,” says Conroy, “she thought things that were unlucky for everybody else would be lucky for her, because she was an exception

Chopard Blue Diamond Ring

jewels_1

$16.26 million

Blue diamonds are among the rarest of naturally colored gems. That’s why this oval-shaped diamond ring, with triangular-shaped diamond shoulders and a pave-set diamond band in 18-carat white gold, will set you back about $1.7 million per carat. A pricey and unique alternative to the typical engagement

Heart of the Kingdom Ruby

jewels_2

$14 million

This 40.63-carat, heart-shaped Burma ruby, mounted on a 155-carat diamond necklace, claims top spot in the British jeweler’s collection. Got a débutante in your family? The diamond necklace can be transformed into a tiara. The stone is accompanied by two independent Swiss laboratory reports that verify its rarity.

Diamond Drop Earring by Harry Winston

earrings

$8.5 Million Earrings

Harry Winston is the ‘jeweler to the stars’ and you can find him, where else, at the House of Winston at 371 N. Rodeo Drive, Beverly Hills, California. Every year Harry Winston lends out hundreds of millions of dollars worth of jewelry to the stars so they can look good at the Oscars. For 2006 the House of Winston created a pair of ‘Extraordinary Diamond Drop Earrings’ consisting of two pear-shaped diamonds in a platinum setting totaling 60.1 carats of wallet emptying glitter. If you’re interested in buying the world’s most expensive earrings be prepared to shell out a cool $8.5 million USD

Magnificent Diamond and Emerald Necklace

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$3 million-plus

A virtual cascade of white and green, this Magnificent Diamond and Emerald Necklace from Chopard’s “Haute Joaillerie” collection will keep all eyes on your sweetheart, whatever the occasion. There are 191-carats worth of Columbia’s most beautiful emeralds on there, completely set by 16 carats of rose-cut and drop-shaped diamonds. Though officially “price upon request,” you should figure on spending $3 million-plus.

Regal Pear Shape Diamond Pendant

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$2.5 million

Showstopper or credit-limit topper? Either way, Tiffany’s Majestic Diamond Necklace will be center stagShowstopper or credit-limit topper? Either way, Tiffany’s Majestic Diamond Necklace will be center stage wherever it’s displayed. With a fluid design that lies softly on the neck–and really, what other way is there?–this glittering choker evokes breathtaking glamour, with a 41.4-carat, pear-shaped diamond accompanied by a multitude of round and pear-shaped diamonds. Each stone is top-of-the-crust in color and clarity, of course, as is the pretty blue box it comes in

Emerald Cocktail Ring

jewels_6

$2.14 million

Luxury watch and jewelry manufacturer Chopard’s collection includes many high-priced pieces. But this bold cocktail ring–with half-moon diamond shoulders holding up a 33.02-carat solitaire emerald on a pave-set diamond and platinum band–outshines its rivals.

Novo Yellow Diamond Ring

jewels_7

$1.35 million

Of all the pieces one might find inside that famous blue box, this 25.27-carat novo yellow diamond ring set in platinum and yellow gold is priciest. Its beauty and its cost make soon-to-be-engaged girls swoon, and their beaus shudder. Can’t make it to the New York City location? Tiffany’s efficient online catalog makes ordering from home easy.

Diamond Engagement Rings

GIA02

Engagement rings are traditionally known as a symbol of love and proposing. When a man asks a woman for her hand in marriage and in life, this ring is offered. Tradtionally, any ring is usable because the ring itself is a continuous loop symbolizing eternity. But as victims of society, now every man is pressured to use the most expensive piece he can afford, typically a diamond ring. The general rule of thumb is two to three month’s salary to show his dedication and sincerity.

Diamond rings became a tradition when the first one was given by Archduke Maximilian of Austria to Mary of Burgundy in 1477. Now it’s become a widely practiced ritual by nearly every culture in the world. More than 250 tons of earth is mined before a single 1 carat gem quality diamond is uncovered. The best quality diamonds are usually set into platinum bands for people who perfer the best of the best.

9 Hot Investment Tips

9 Hot Investment Tips

Chasing hot stock tips and failing to do one's homework aren't the only ways investors handicap themselves. But lecture we won't. We promised you nine hot investing tips, and here they are:

  1. Do something. Suffering from analysis paralysis? (That's when an investor feels overwhelmed by so many choices that he simply does nothing at all.) There is no guarantee that the market will go up the first day, month, or even year that you invest in it. But there is one guarantee: Doing nothing at all will not provide for a comfortable retirement. Take a baby step today. Which leads us to Hot Stock Tip No. 2...

  2. Start now. Postponing your investing career is second only to not investing at all on the list of investment sins. You already know that the earlier you start, the better off you are. (Take a look at how compound interest works by noodling around with a few online calculators.) If you're already past those formative 20s (you don't look a day over 32 to us), let's just say, "Better late than never." Now hop to it.

  3. Pay off your plastic before you plunk down for stocks. If you have money in your savings account and you have revolving debt on your credit card, pay it off. Many credit cards have an annual interest rate of 14% to 21% or more. Let's say you have $5,000 to invest, but you also have $5,000 in debt on your credit cards with an average annual interest rate of 18%. It doesn't take an astrophysicist to figure out that you're going to have to get an 18% return after you pay taxes just to break even on that $5,000. Pay the debt off first, then think about investing.

  4. Don't invest the wrong dough. There are appropriate places for short-term money that you're actually going to need in the short term. Invest money in the stock market that you won't need for at least three years, and preferably five years or longer. If you'll need your cash next year for a down payment on a house or for the family Caribbean cruise, use one of the shorter-term and safer havens for your cash, such as money market funds or CDs.
  5. Take the free money. You'd never turn down a dollar if it were offered with no strings attached. That's what you're doing if your company offers a 401(k) or similar retirement savings plan with an employer match and you're not participating. Take advantage of all tax-advantaged, employer-matched savings programs.

  6. Take a few risks. If you're young, most of your investing dollars should be in the stock market – specifically the index fund. You have enough time to weather any dips in the market and to reap the rewards of long-term gains. Although you may want to transition into bonds later in life as you depend on your investments for income, stocks should make up a large portion of the portfolio of every investor.

  7. Look both ways before you cross the speedway. Not every investment is for everyone. Even if you're a daredevil, you shouldn't pour all of your money into something that could end up going down the drain.

  8. Enjoy your hobbies. Don't invest in them. If old comic books, Barbie dolls, and abandoned exercise equipment could be used to fund retirements, do you think the stock market would exist? Probably not. Don't make the mistake of thinking your jewelry, those Beanie Babies, or the lottery will provide for you in your later years.

  9. Stay put when it makes sense. We believe the best approach to investing is the long-term one. Pick your investments well and you'll reap more rewards over the long term than you ever dreamed possible. Trade in and out of the market and you'll be saddled with fees that chip away at your returns, and you'll potentially miss out on gains that long-term investors enjoy with much less effort.
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