01-06-2009, 08:14 PM
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CC Member
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Join Date: Feb 2004
Location: Outside Miami,
FL
Cobra Make, Engine: Several
Posts: 949
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Not Ranked
$3.4 M? Yoiks and egads!
CSX 3021 went for 3.4M? Remarkable! Hope it is real.
Of course, we are all happy, correct? Well, i am reminded of the foolishness of the Ferrari market for a few years after Enzo went to that big Restaurante Cavalle Rampant in the sky. There were many sales and re-sales between dealers and near-dealers that purposely pumped-up retail prices.
When Ferrari prices ultimately fell back, many 3XX series owners were seriously disappointed in their "investments". Although the rarest cars did retain a larger share of their run-up in prices, it was hard to believe that investor-grade cars could be made out of production items of 7-12 thousand quantities. Ferrari 3XX cars remain wonderful street machines.
One data point does not describe a trend and as we have learned, not all trends are un-managed. But, it is pretty spectacular for an original well-documented street SC to sell at 3.4 large, even if it was mostly unused, re-painted in original gold, the first SC, etc.
Personally, i like it. But, i am obviously biased and not an un-interested by-stander (of a sort).
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George Washington
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