Fortune

Hold Your Horses

Don’t let a record-setting Ferrari fool you—the classic car market is (finally) slowing down.
1962 FERRARI 250 GTO SOLD FOR $48.4M

BUYING COLLECTOR CARS as an alternative asset class has an irresistible appeal to wealthy motorheads. A blue-chip Ferrari or prewar Bugatti is a guaranteed ticket to the fairways of Pebble Beach,

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