Freebase (0.00 / 0 votes) Rate this definition: Homologation Homologation is a technical term, derived from the Greek homologeo for to agree, which is generally used in English to signify the granting of approval by an official authority. This may be a court of law, a government department, or an academic or professional body, any of which would normally work from a set of strict rules or standards to determine whether such approval should be given.
The 1971 Hemi Cuda Convertible ($3,500,000) This amazing looking muscle car is the most expensive car ever sold. The vehicle which is considered the most highly prized muscle car ever is one of only 11 made. This shortage surely was one of the reasons why this car is so expensive.
The 1904 Rolls-Royce 10 hp Two-Seater is currently listed on the Guinness World Records as the most expensive veteran car to be sold, at the price of US$7,254,290 (equivalent to $8,379,000 in 2016), on a Bonhams auction held at Olympia in London on December 3, 2007.