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Classic Ferrari Goes for Over $7 Million

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On: Fri, Jun 5, 2015 at 3:42PM | By: Gary P Garry


Classic Ferrari Goes for Over $7 Million

When you are an ordinary Joe and you are thinking about buying a new car, or a classic car that is new to you, it is a very big decision. Your home is probably your most valuable possession, but your car may be your second biggest investment. There is a lot to take into consideration, and you have to balance what you want with what you can afford.

Traditionally, I have usually gone the conservative route when it comes to budgeting for cars, but I have gone the other direction recently. After all, I'm attaining geezer status, and it's time to start to live a little when I get behind the wheel. (Wait... is that why you always wind up seeing an old guy driving the Corvette that caught your eye when you were hoping it was a fitness model?)

Anyway, the point is that you can't always get what you want, but sometimes you can. This is you and me, but there are those who always get exactly what they want, regardless of the price.

How much would you be willing to pay for a classic car, even if you had a whole lot of money? Would $1 million be too extravagant? Do you think that $3 million would be a bit much when you consider the starving children overseas that you see on late night television commercials? This is a personal decision, of course, and everyone would have a different answer.

A while back I wrote about an auction that was going to involve some ridiculously cool classic cars owned by Paul and Chris Andrews. The deal went down, and these guys made a lot of money. They wound up listing 16 cars from their collection, and every one of them sold for at least a million dollars.

A million beans is a lot of moolah, but I guess a single million can't buy what it used buy when it comes to classic cars. One of the cars that the Andrews dudes put up for bids went for a mind-boggling $7.645 million.

The car is a very rare 1962 Ferrari 400 Superamerica. There were less than 50 of them built in all, but just seven of them were crafted by Pininfarina, and this baby is one of them. The twelvecylinder engine delivers 340 horses, it's got three Weber carburetors, and it was actually raced at the Bonneville Salt Flats by Gus Stallings, the car's first private owner.

I guess you might as well spend it if you have it, but if this is the kind of thing the buyer fills the garage with, I'd sure like to see the house.




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