Wall Street Journal: the coming collectable car crash

posted by   Ian Wyatt   |    November 26, 2008

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Yesterday, the Wall Street Journal published an article titled "A Rough Ride in Collectible Cars" on the same day as my blog post about a visit to Ferrari and Lamborghini in Italy, and slowing market for collectable cars. The Wall Street Journal article points out some recent examples of the slowing market for collectable cars, including recent auctions on Monterey and the sale of actor Steve McQueen's Porsche, which sold for just over $100,000, well below the sale estimate.

If you're a car lover and interested in how the financial crisis is impacting collectable cars, this article is a great read. Click here for the Wall Street Journal article.

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