[Ferraripete]

I am happy to see a slowing of the rabid price escalation...better for the market in general if appreciation is a bit slower. I think many called for a bubble but I don't think that is in order. what drove prices in 89-90 was speculation. today, people are simply paying up to own the last of the analogue cars that they knew and loved.

that said, true low production vintage cars may still be headed higher. the Bonham's 250 gto will trade for north of $50mm...should be the new high water mark!!!