Appreciating Classic Cars: Now’s the Time to Buy?

Maserati MC12 Corsa

If you have a Maserati MC12 Corsa to sell, you should advertise it where potential buyers hang out.

Check your garage, loyal readers, because if you have one, you’re in luck. The Corsa is the racing version of the road-going MC12, and only 50 Corsas were ever produced.

Produced back in 2004 and 2005, the car boasts a Ferrari Enzo V12 engine that makes 620 horsepower and jumps from 0-62 mph in 3.8 seconds. The car is based on the Enzo, however it’s slower and bigger than its more attractive cousin.

It’s kind of like an Enzo in a fat suit, to be honest. Regardless, the car is incredibly rare and valuable, especially in Corsa trim.

So where might potential buyers of this expensive machine hang out?

The Pebble Beach Concours, of course.

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For Sale: Used Car, $30 Million, OBO

Ferrari 250 GTO

Most of us will never spend more than $50,000 on a car. And that’s being generous, I think, considering the average sales price of new vehicles is just about $30,000.

I tend to lean toward the used-car side of things, as prices in CarGurus’ used listings are generally much more palatable. I say “generally” because, occasionally, a used car will come along that commands a price no new car will ever fetch.

Top Gear tells us that one of the most desired, and valuable, cars ever produced recently changed hands in a $31.8 million transaction. The car, a 1964 Ferrari 250 GTO, is now the second most valuable vehicle ever sold. A 1936 Bugatti Type 57SC Atlantic still holds the record of number one, though just barely.

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