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Ferrari = Liquidity

April 16, 2012 by Marion Maneker

One of the most important features of some collectible markets is how they come to be dominated by a few highly desirable objects or brands. The jewelry market has the Cartier Tutti Frutti bracelet, the watch market has Rolex and Patek-Philippe. And the car market, according to this report on Bloomberg, has Ferrari:

“Ferrari trumps all other names in terms of prestige and liquidity,” Geneva-based auto adviser Simon Kidston said in an interview. “Collectors like to see the way this marque is traded regularly. If you have a good car that’s priced correctly, you can find a buyer within hours. Overall, the trend is upwards.”

Schumacher Ferrari, Classics May Fetch $11.3 Million (Bloomberg)

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Filed Under: General

About Marion Maneker

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