Fake antique car market growing

In the 1930s, only 33 K3 open-top racecars were made by British automaker MG, reports Bloomberg.

But now, it adds, there are more than 100 of the cars on sale. Bernhard Kaluza, vice president of antique club FIVA, told Bloomberg that “the tripling of the K3 fleet is part of the booming trade in fake antique autos.”

Read more on the vintage car market.

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Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.