I was fortunate enough to see the SL65 Black when it was introduced at the Toronto Car Show and I was smitten. I was at the show with a friend who finally had to pull me away after walking back to the show stand 4 or 5 times to ogle this beast. It's a street car that looks like it belongs on the track and is an all-time favorite of mine.
Two were sold on BAT last year for < $200k, so I think $397,500 is a bit optimistic, but the market's been a little crazy and steel gray is less common and probably carries a little premium, so who knows?
Slideshow: A one-of-one U.S.-spec Mercedes-Benz SLR McLaren Roadster became even rarer after a factory-backed transformation at McLaren's headquarters.