Tag: hurst

By on October 17, 2013

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With yet another Ferrari 250 GTO selling for record sums, the world has its eyes focused on the funny little microcosm that can be described as“blue chip cars”.  Investors are looking at high-profile classic cars as a potentially lucrative asset class, a way to diversify their portfolios in a world where interest rates are zero and the only investment offering decent returns are securitized car loans. Others think that it’s just another bubble, reminiscent of the million-dollar Hemi ‘Cudas that were crossing the blocks at Barret Jackson in the good old days before the Great Financial Crisis.

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