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Saturday, 02/04/2012 2:18:47 PM

Saturday, February 04, 2012 2:18:47 PM

Post# of 37920
Expensive wheels

February 2 - Bloomberg (Scott Reyburn): “Car dealers who are in Paris for sales of Porsche and Aston Martin classics have revealed that a Ferrari was bought this year for about $32 million. The GTO -- one of 36 produced by the Italian company in 1962 to 1963 -- was sold privately in the U.K. within the last two weeks… Investors are looking to rare autos as an alternative to volatile financial markets. The show is luring collectors with an exhibition that includes a Bugatti, said to be the world’s most expensive auto and bought for as much as $40 million.”

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