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Used Car Prices Keep Climbing

The world may be in the middle of a Great Recession, but that hasn’t stopped vintage Ferrari prices from needling the stratosphere.

Recently, American Craig McCaw (who sold his telecommunications company for $11.5 billion back in ’93) bought a 50 year-old 250GTO for $35,000,000.00.

Painted “apple-green,” this one-time racer currently holds the price record for a vintage car (in a disclosed, “public” sale).

The color reminds me of my favorite sorbet.

Read the article here.

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This entry was posted on June 6, 2012 at 7:33 am and is filed under Automobiles. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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