In the collector car world, January is Arizona time. Last year, in an economic atmosphere that seemed considerably more bleak, 1,726 cars went to new owners, and $133m changed hands.
This year, I predict we’ll see a slight uptick in sales, perhaps 10%. If the surprising strength of the recent Sotheby’s New York art sale is any indication ($182m in sales against $163m in high estimates), collector confidence is on the rebound.
Credit is still extremely difficult Read More