Gooding and Company Auction attendees examine a 1960 Ferrari 250 GT SWB Competizione on Saturday.

Forget the stalled economy, an undisclosed car collector paid $4.95 million on Saturday for a 1960 Ferrari 250 California Spider at the Gooding & Co. auction in Scottsdale. That is likely to be the top price paid this week at four Valley auctions that could top $100 million in combined sales for about 1,700 automobiles.

Gooding sold seven cars at Scottsdale fashion square on Saturday for more than $1 million each and reported $31.8 million in total sales for its one-day event.

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sexy car. I would drive it in reverse to keep the miles low

 

That's a ridiculous sum of money for a car, but the California is so gorgeous, I could almost justify it if I had the money.

 

Ha! But it didn't work. I grew up in the '80s too.

"SAVE FERRIS!"

 

it is gorgeous though if I had 5 mil burning a hole in my pocket I'd do it

 

such a stunning car....but $5mill.....

 

beautiful

 

Lots of bucks, but considering what kind of example that car is, a sound investment.

The only problem is the new owner is unlikely to drive it often, if at all, which is a shame.

 

Wow. Lets go economy

 

LOL...! "I'm not going to sit on my ass as the events in my life unfold - I'm gonna take a stand."


Five mil seems like a bargain compared to what UK radio DJ Chris Evans paid for a SWB Spyder California back in July - just over seven million Euros for a black/black example (2377 GT, ex-James Coburn).