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Classic cars hit new highs at auction

A 1964 Ferrari 250 LM Coupe sold at auction this weekend for $9.62M.
Source: RM Auctions
A 1964 Ferrari 250 LM Coupe sold at auction this weekend for $9.62M.

The first car auction of 2015 just wrapped up in Scottsdale, Arizona, with a record $292.8 million in sales. This is an 18 percent rise from last year's auction, proving that classic cars remain a safe haven for the rich to invest their money.

Eighty-six percent of the lots sold, with an average selling price of $115,729. All the big auction houses saw increases in sales this year compared to 2014.

Read MoreFrom Ferraris to pickups, car market still revved

RM Auctions had the biggest boost, ringing up $63.7 million compared to $45.6 million in 2014. Almost $10 million of that came from one car, a 1964 Ferrari 250 LM Coupe, which was the top overall sale this year.

Below is the list of the top sellers from the Scottsdale auction:

  1. 1964 Ferrari 250 LM Coupe: $9,625,000
  2. 1966 Ferrari 275 GTB Competizione coupe: $9,405,000
  3. 1959 Ferrari 250 GT LWB California Spyder: $7,700,000
  4. 1966 Shelby Cobra 427 "Super Snake": $5,115,000
  5. 1962 Ferrari 400 Superamerica Series I Aerodinamico coupe: $4,070,000
  6. 1950 General Motors Futurliner Parade Of Progress tour bus: $4,000,000*
  7. 1967 Ferrari 275 GTB/4 coupe: $3,657,500
  8. 1973 Ferrari 365 GTS/4 Daytona Spyder: $3,300,000
  9. 1954 Pontiac Bonneville Special Motorama concept car: $3,300,000
  10. 1966 Ferrari 275 GTB/2 long-nose coupe: $2,750,000

Source: Hagerty; *Sold for charity.