Ferrari 360 Market Watch (July 2017)

This months update was supposed the be full of joy about how the general election of 2017 brought us more of the same and that the supercar market bounced back to normality as uncertainty about the future deminished.  Except it didn’t work out like that – we now have even more uncertainty than we did before.  And this is reflected in the market as buyers who were waiting for the election are now waiting for Brexit to pan out.  Sellers are also waiting and are not panicking by dropping prices.  This has generated a kind of stalemate on each side of the market with neither group willing to move first.  Average 360 prices reflect this and have dropped 3.68% over the last month.  The price index now stands at 160.33.  Stay tuned for more updates…

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