Hagerty to acquire 100 % of Broad Arrow Group | Page 2 | FerrariChat

Hagerty to acquire 100 % of Broad Arrow Group

Discussion in 'Vintage Ferrari Market' started by 375+, Aug 10, 2022.

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  1. Jack-the-lad

    Jack-the-lad Six Time F1 World Champ
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    #26 Jack-the-lad, Aug 16, 2022
    It may not be “new” but the difference in the breadth and depth of the monetization and commoditization is not even comparable.
     
    readplays likes this.
  2. 375+

    375+ F1 World Champ
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    #27 375+, Aug 16, 2022
    Kinko's was acquired by FedEx years ago for $2.4 billion in cash(ahem).
     
    Texas Forever likes this.
  3. Texas Forever

    Texas Forever Seven Time F1 World Champ
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    #28 Texas Forever, Aug 16, 2022
    Touché


    Sent from my iPhone using FerrariChat.com mobile app
     
    375+ likes this.
  4. TTR

    TTR F1 Veteran
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    #29 TTR, Aug 16, 2022
    I agree, but believe it’s largely due to constantly expanding number of investors & speculators playing wannabe car guys and most of them probably view auction houses, dealers, etc as their “stock brokers”.
    I’m guessing 90% of those “wannabes” wouldn’t have cars if there wasn’t some sort of “investment potential” marketing associated with them.
    Like I’ve said before, this is nothing new (just bigger) and will be interesting when the music stops (again*)…

    *1991 was particularly interesting and I often wonder when will we see something similar. Hopefully soon.
     
    sam231 likes this.
  5. 375+

    375+ F1 World Champ
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    #30 375+, Aug 16, 2022
    It certainly looks that way.
     
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