Asset Class of Classic Cars Sinks, High-End Hits 5-Year Low, Priciest Ferraris Drop the Most. American Muscle Cars Fall to 2007 Level
1958 Ferrari 250 GT California Spyder LWB down 29%. But “Affordable Classics” sizzle. By Wolf Richter for WOLF STREET. It hadn’t been a smooth ride for the asset class of beautiful machines before the pandemic, including the fiasco at the Monterey auctions last August. …