Record Year for High-Priced Cars

Thanks to a surge in global wealth, the prices for collectible cars reached new heights in 2007

For the first time ever, there are two current-model cars with price tags of more than $1 million. To be sure, these are limited editions and get lousy gas mileage, but the fact that there are any cars that expensive, let alone two of them, means some kind of psychic—if not reality—barrier has been broken.

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