Keith Adams, Editor

Classic Car Weekly (UK) - - News - @kei­th_c­cweekly

At the mo­ment the ham­mer fell on that record-break­ing (ac­cord­ing to Artcu­rial, and on pretty much all mea­sures) Fer­rari 335 Spi­der Sca­gletti, I found my­self won­der­ing why we re­ally should care about it. Af­ter all, a car that costs al­most £25 mil­lion is about as rel­e­vant to 99.9% of us as an ic­ing-cov­ered uni­corn. Well, kind of. Yes, it’s un­likely that any of us are ever go­ing to be able to af­ford a car like this, but it re­ally does have a bear­ing on all of us.

Why? Be­cause if we op­er­ate on the trickle-down prin­ci­ple, the health of the very top of the mar­ket will be re­flflected in what’s paid fur­ther down.

I do see it that way, and al­though we’ve had some warn­ings that the mar­ket is about to cool, this sale backs up my feel­ing that things will be good for quite a while yet.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.