Car Collector Shells Out $2.3M for '63 Ferrari The rising ranks of the super rich don't bat an eyelid at spending millions. One anonymous car collector pays $2.3 million for a 1963 Ferrari. But it wasn't just any old '63 Ferrari. It's the car once owned by actor Steve McQueen.

Car Collector Shells Out $2.3M for '63 Ferrari

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RENEE MONTAGNE, host:

It may be getting harder for people with bad credit to own homes. But the rising ranks of the super-rich don't bat an eyelid at spending millions on a new home, or a new car, for that matter.

Our last word in business today is $2.31 million. That's how much one anonymous car collector paid for a 1963 Ferrari yesterday. But it wasn't just any old '63 Ferrari; it's the car once owned by the actor Steve McQueen.

This is MORNING EDITION from NPR News. I'm Renee Montagne.

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