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“This is the first year in a number of years where an awful lot of people are more cautious,” Hagerty said. Hagerty said that caution stems from Brexit and the devaluation of the pound, but that the car market is also generally more cautious in an election year because “people just dont know what the world is going to look like a few months from now,” he said. Despite these headwinds, Hagerty said the car market as a whole is strong. “Theres no one suggesting a bubble is bursting its just a more cautionary tone,” he said. View photos Pebble Beach: 1962 Ferrari 268SP More (The 1962 Ferrari 268SP is the third of the six http://abckatherinerobinson.denaliinstitute.org/2016/08/07/updated-guidelines-for-significant-factors-in-job-hunting of its kind ever built.RM Sotheby) The cars that typically sell for the most are European sport cars from the 1950s and 1960s, Hagerty said. “Typically if you look at last five years of top 10 selling cars, Ferraris from the 1950s and 1960s would absolutely carry the day,” Hagerty said. View photos Pebble Beach: le mans jaguar More (The 1955 Jaguar D-Type.RM Sotheby) But for the first time ever, a Ferrari is not expected to be the number one selling car, Hagerty said. That spot is reserved for the 1955 Jaguar D-Type, which won the 24 Hours interview skills article of Le Mans in 1956. It could sell for as much as $25 million. View photos More (The 1962 Shelby Cobra CSX 2000.RM Sotheby) The 1962 Shelby Cobra CSX 2000isalso expected to be a top seller. It’s the very first Shelby Cobra ever made, and is regarded as one of, if not the most, important sports cars in history.
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