Will the classic car market drive past wealth destruction?

Simon EvansSenior reporter

Apr 28, 2020 – 11.28am

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Billions of dollars in sharemarket wealth have vanished and house prices are predicted to fall at least 10 per cent, but will the value of classic cars also suffer a dent?

An online auction next month will be a test of the classic car market in Australia and whether it also has fallen victim to the economic fallout from the coronavirus pandemic.

Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide.