Liberation Day (4/2/2025) was the high for collector cars

I’m worried that liberation day and all the chaos that ensued in the financial markets was the high for collector cars for the foreseeable future.

I have never had a month like the month of April where I was offered more amazing collectible cars. Every Ferrari halo car, almost every 60s classic etc.

There has been a 10 year steady rise in many of these cars which, based on history, is not sustainable. I hope I’m wrong.

 

No I didn’t, but not because of any particular reason. I’m neither a buyer nor a seller right now. I wouldn’t betray the confidentiality of the people that showed me the cars, but we are talking alloy 4 cams, California spiders, Daytona spiders, every single supercar and SP car, short wheel bases, GTO‘s I mean really stuff coming out of the woodwork.

 

The S&P sold off almost 17% from the high in February to the low last month, that’s a pretty massive move and I think the uncertainty of the outlook has really dented business confidence. Certain parts of the financial market like IPOs of small and mid cap stocks have completely grounded to a halt. I mean this is going to have knock on effects for a while I think. I’m not an economist, I’m sure there are economists here that can chime in.

 

The S&P has retraced 50% of the losses, but the S&P is not the same as business confidence.

 

And just be offered the CLK GTR with 76k from new. 1 of 20. It’s on social media now so don’t mind sharing. I mean these are incredible cars.

 

The majority were US sellers. Yes agree I think it’s uncertainty and fear. You have a $4m car you have been thinking about selling … might seems like a good time to cash out.

 

Yes completely agree, the stock market is just a symptom of the issue, which is a material increase in uncertainty and outlook. Plus classic cars that could easily cross borders now cannot which considerable costs. In the US even for cars that are over 25 years old, my understanding is that there is a 10% surcharge in addition to the usual 2.5% duty. This means cars are trapped and can only be sold in the market where they are located.

 

Yep, that’s exactly what I am seeing too.