Vintage Car Values Are Boosted by Social Media
David Beckham may have more of an influence on you than you think.According to analysis by Black Book, the prevalence of modern and classic luxury cars on social media platforms like Instagram directly influences their resale value. So when celebrities such as Beckham, Kendall Jenner, or Dwyane Wade post photos that include their cool new whip, whether modern or classic, people notice. And they act accordingly.“A new, younger generation of collectors has taken to this genre of exotic sports cars, and auction prices are going for a ride,” the report says. “Social networking has a lot to do with this activity.”
Source and Read More: Report: Vintage Car Values Are Boosted by Social Media – Bloomberg Business