Cars: Luxury, Collecting, and the Cost of Ownership
A single 1955 Mercedes sold for $142 million while a new supercar can lose six figures in three years. Here’s how the wealthy really treat cars — and why only a sliver of them are an “investment.”
A single 1955 Mercedes sold for $142 million while a new supercar can lose six figures in three years. Here’s how the wealthy really treat cars — and why only a sliver of them are an “investment.”
A steel Patek Philippe sold for $31 million. Here’s how the wealthy really treat watches — as portable, semi-liquid stores of value and quiet status, not investments.