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Friday, 23 September 2016 19:38

The Collectible Car Market Bubble May Be Deflating

1957 Ferrari 250 TR 1957 Ferrari 250 TR Courtesy

The allure of fast cars and sleek lines will continue to attract enthusiasts, but the high-end consumer spending on classic vehicles may be waning. Indicators suggest that while the average auction prices were up last year, the overall volume of sales is falling, stoking fears of consumer spending in the luxury market may be softening.

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