Wednesday, January 23, 2013

Scottsdale car auctions fetch $223.8 million

Several classic-car segments are expected to climb in value; even a 1969 Ford Bronco hits half a million.

Last weekend's classic-car auctions in Scottsdale, Ariz., totaled a blistering $223.8 million, yet another reminder that no price is too high for an old Ferrari.

In fact, three Ferrari 250 GTs were among the 10 highest-grossing sales from all six auction companies, according to Hagerty, an insurer of collector cars. A 1958 California Spider, similar to the replica model seen in "Ferris Bueller's Day Off," sold for $8.25 million, while a 1960 Competizione Berlinetta went for $8.14 million.

Oddly enough, the original 1966 Batmobile seen in the TV series ranked third and swept $4.62 million, more than any other Porsche, Maserati or Mercedes. The only other American car to break the top 10 was a 1933 Duesenberg Model J Disappearing-Top Convertible at $2.69 million.

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