Misallocation

1928 Bugatti Type 40 Grand Sport

Sold at Gooding Christie's on March 6, 2026.

$240,800Confirmed

The price as reported by the house. Hammer price $215,000, before the buyer's premium. Read from the house's results Nov. 10, 2026.

The car

Year
1928
Make and model
Bugatti Type 30, 38, 40, 43, 44, 46, 49 and 50 (touring cars)
Generation
Type 30, 38, 40, 43, 44, 46, 49 and 50 (touring cars) (1922 to 1934)
Chassis
40801
Condition
Fair (4)Likely

Condition is our reading of the listing's description on Hagerty's 1 to 4 scale, not an inspection.

Against comparable sales

Below the middle half of 4 comparable sales, 81% under its bottom.

Middle half of sales$390,000 to $718,750
Median$487,500
Sales behind it4Likely

From 4 sales of the Bugatti Type 30, 38, 40, 43, 44, 46, 49 and 50 (touring cars) (1922 to 1934) in our data over the last 24 months. Hammer prices, before buyer's fees. Half sold between $390,000 and $718,750.

Closest sales

Closest comparable sales
CarAuctionDatePrice
1928 Bugatti Type 40 Grand SportGooding Christie's, Aug. 16, 2025Gooding Christie'sAug. 16, 2025$360,000
1930 Bugatti Type 46 Convertible CoupeGooding Christie's, Aug. 15, 2026Gooding Christie'sAug. 15, 2026$575,000
1930 Bugatti Type 43A RoadsterGooding Christie's, Aug. 15, 2026Gooding Christie'sAug. 15, 2026$1,150,000
1930 Bugatti Type 50 RoadsterGooding Christie's, March 7, 2025Gooding Christie'sMarch 7, 2025$400,000