Most expensive Mustang ever sells for $1.3 million at auction

Last week's Dana Mecum 26th Original Spring Classic Auction in Indianapolis saw several high-profile Mustangs sell for some of the highest prices in history. While most media outlets were looking at the classic "Eleanor" from the 2000 Nicolas Cage flick "Gone in Sixty Seconds," a different classic actually sold for even more than Eleanor's $1 million price tag.

It was a 1967 GT500 Super Snake that broke the all-time record for a Mustang on the auction block, as it went for a staggering $1.3 million over the weekend.

The reason this car sold for such a high price tag is the fact that it is actually one of kind, and was the first Mustang engineered by legendary designer Carroll Shelby to be given the Super Snake title.

Originally, this particular car was used as a show ride for Goodyear Tires, but it was much more than just a pretty face. Engineer stuffed a 427-cubic-inch race engine from Shelby's Le Mans-winning Ford GT40 under the hood, giving it 600 horsepower and a top speed of roughly 170 mile per hour – a fact proven by Shelby himself when he took the car on a test run.

Ford originally wanted to build at least 50 similar Super Snakes to sell to the public, but it cost the company roughly $8,000 to produce this one GT500, so the plan was scrapped. This model now remains the one and only Super Snake to ever exist, and, amazingly, it's in great shape.

While I'm sure any American vintage car enthusiast would be more than happy to get their hands on this one-of-a-kind Mustang, is $1.3 million too much of an asking price? Of so, what car would you willingly drop seven figures on? Leave your thoughts below: