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Collector and Classic Car Insurance for Less

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Collector and Classic Car Insurance for Less

The Value of Steve McQueen’s Cars

Over the past several years, many famous vehicles have been sold from one celebrity car lover’s collection.

Those who were fans of Steve McQueen knew he was not only a car lover and skilled driver on the silver screen, but also in real life. Some of his cars have sold for millions of dollars, and others not so much. But collectors everywhere are swooning over the variety and depth of McQueen’s collection.

Among his garage-dwellers was a 1963 Ferrari 250 GT. This car was valued at $460,000 and sold at Christie’s in Monterey, CA in 2011 for $2.3 million. Another favorite of McQueen’s was his 1946 Indian Chief vintage motorcycle. This bike sold at Auctions of America in Burbank, CA in 2013 for $143,750, more than five times its estimated value.

Another favorite among his collection was the 1970 Porsche 911 SS, with an estimated value of $72,000. This car sold at RM Auctions in Monterey, CA in 2012 for $1.4 million. His 1953 Hudson Hornet made an appearance at RM that year as well, and it sold for almost triple its estimated value.

Celebrity-owned classics are not always sold for what you might think. In fact, over the history of car sales, celebrity ownership rarely affects the sale price of the car, with the exception of Steve McQueen and Elvis’ vehicles.

Are you the owner of a car made famous by a celebrity driver? We would love to see what you’ve got in your garage! Send us some pictures and we will show them off to all our readers and followers on Facebook and Pinterest!

If you are in the market for something to add to your collection, don’t forget to get a free, instant quote from Classic Auto before you make your purchase! We can offer you a customized collector car insurance package, as well as help save you money.


About the Author

is Vice President of Classic Automobile Insurance Agency, Inc. Classic Automobile Insurance Agency has been protecting collector, classic and exotics since 1992.

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