Where do you think the classic car market is headed? Up, down or sideways? Hoping for a big correction? Does it even matter?
Our February 11th editorial asked readers to submit their viewpoint on the current direction of the classic car market. Are the markets overheating similar to the pictured 1953 Ferrari 340 Mexico Vignale Berlinetta, have global economic headwinds finally taken their toll on classic cars or are recent results a simple case of too much (low-quality) supply? Reader responses ranged from estimates of losses in the 30-40 percent range to the market taking a quick break, yet the overriding theme was one of caution.