Classic car auction sales hit $1.3B in 2014, Hagerty says
A 1962 Ferrari 250 GTO became the highest-selling auction car of all time at more than $38 million | Bob Golfen
Powered by a record $430 million in collector-car auction results during Monterey Classic Car Week in August, total auction sales in North America soared to $1.3 billion in 2014, compared with $1.2 billion in 2013, according to Hagerty classic-car insurance and valuations.
Vintage Ferraris led the charge in rising values, with high-end sports cars and historic race cars experiencing the most robust growth. There was a lesser relative increase for mid-range and affordable cars. Read on...