"Worlds Most Expensive Ferrari Crashed"

shadoquad

Well, obviously, since someone paid for it. Am I not entitled to my opinion? Look, I watch Mecum, I watch Barrett Jackson, I watch Chasing Classic Cars with Wayne Carini. I understand that there is a car collector culture, and I understand that people put this kind of money out.

These big ticket vehicles are worth this money because of hype. In a material sense, the vehicle is not actually worth what was paid. It's all wrapped up in speculation, history, and imagined significance.
It's not cool that the car was wrecked, I agree. But cars get crashed. It happens. I'm sure it was insured.


I'm supposed to feel sad because some rich guy I don't know broke his toy? Oh, boo hoo hoo. The other owners of this car aren't saddened. Their car just appreciated in value. I wouldn't trade my Z for this car if they were equal value. The only reason people buy them is speculation, hoping to sell it off at a higher value at a later date to some other speculator.