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Re: Rare collection of Ferraris to be auctioned at Maranello factory - 05-19-2008, 08:13 PM

These California models have long been a favourite car of mine. I can remember when they could be bought for around 1/2million dollars -- what I great investment.

Anyway, I know there were both SWB and LWB versions ...but I have no idea how many were actually built. We are seeing quite a few of them coming up for auction lately .....I guess these recent sales results are proving too attractive.

I can't imagine these prices can last forever -- In some ways I view it as a sign of a looming economic crisis, it is not unprecedented for this kind of reckless over-valuation (also seen in the real estate and art markets) to be followed by a severe downturn.
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