The ultra rich is flipping the world’s most expensive cars

In the classic-car auction market, perfectly preserved vintage Ferraris can bring in tens of millions of dollars.

Consequently, enthusiasts often look at classic vehicles as i

The 2015 Porsche 918 Spyder to be sold at auction

The 2015 Porsche 918 Spyder to be sold at auction investments.

nvestments.

But we’re typically talking about cars that have been around for decades. A new trend in the resale market involves nearly brand-new, ultra-exotic automobiles.

At an RM Sotheby’s auction in Arizona this month, a Porsche 918 Spyder — an outrageous, hybrid supercar and the first to sell on the open market — is estimated to bring in 1.5 times as much as its sale price, paid just one year ago when the owner took delivery.

The 918  — with a combined 887 horsepower produced by a V8 and two electric motors — sits near the pinnacle of modern road cars. The $929,000 sticker price for the 2015 model-year car — including the $80,000 Weissach performance package option — reflected the car’s exclusivity, as did the limited production run of 918 units.

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This auction, the first secondhand sale of the 918 Spyder, is the only way to purchase one, and with a house presale estimate of $1.3 million to $1.5 million, someone will have to pay handsomely to get the car.

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