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It’s not just classic Ferraris and rare Jaguars raking in the bucks when the auction hammer drops — extraordinary specimens surviving (or recreated) from the muscle car era continue to bring six and seven-figure bids, the New York Times reports. Why would cars that went for a few grand — brand new — be going for over a million dollars forty years later? Because rich boys (and girls) like their toys, and they’re wiling to pay for them, the paper says.
Check out the article for a more in-depth look at changing tastes in high-priced collectible cars.
[Source: New York Times]