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Cake day: November 13th, 2023

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  • We’ve live in a world where high end cars have held their values for the past few years due to supply shortages and excess disposable income. The world is changing and cars are much more accessible with disposable income falling as house prices, cost of goods are rising. I think we’re very close to seeing it return to the depreciating asset it is.

    That being said. The “allocation” factor with some vehicles is going to create artificial scarcity and hold their value. The GT cars and one offs will continue to hold their value IMO.