Bloomberg

What a bear market and strong dollar mean for US car collectors

Bloomberg
Sun, 31 Jul 2022

What a bear market and strong dollar mean for US car collectors
People are still shopping for blue-chip items like Mercedes-Benz Gullwings. (Image: RM Sotheby's)
Bloomberg
Sun, 31 Jul 2022
By Hannah Elliott In the past two weeks, Peter Brotman found himself evaluating two multimillion-dollar car collections offered for private sale.Each collection – one with more than a dozen significant Porsches, the other featuring a cache of heavy hitter Ferraris – represents a massive potential transaction on an ultra-rare group of cars that were so undercover that until recently, even Brotman himself wasn’t sure they existed.But if you ask the Philadelphia- and Los Angeles-based specialist whether he worries that the s...

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