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Cars, jets and yachts

Gulf between seller and buyer expectations caused drop in sales of UK classic cars: report

December 18, 2023

Of the cars that rose in value, two decades stood out: the 1980s and 2010s. Image: Hagerty, copyright Matt Howell Of the cars that rose in value, two decades stood out: the 1980s and 2010s. Image: Hagerty, copyright Matt Howell

 

By Luxury Marketer Intelligence

Throughout 2023, British insurer Hagerty has tracked a correcting market where sellers’ expectations were not, in many cases, being met by potential buyers’ willingness to part with cash that had become more expensive to borrow.

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  1. Can luxury brands win at performance marketing without losing their mystique? 
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  5. Consumers in Middle East's GCC countries to up spend 50pc on beauty from 2025 to 2030: report
  6. British brokerage Savills to buy real estate bank Eastdil Secured for $1.1B
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