This Is Why Crypto Investors Are Selling Their Luxury Cars

Crypto lords are "selling their fancy cars amid the fallout from the FTX crisis," according to the report. On resale websites like AutoTrader, merchants have reportedly offered a number

of high-end vehicles, including the Mercedes-Benz G-Wagon. However, it seems that the gearhead community is no longer as interested in these automobiles as it was previously.

The Lamborghini Urus and McLaren Spiders are two examples of the new vehicles that have entered the market, "The exotic car market is currently

in ruins," CarDealershipGuy tweeted on November 22 that a 2021 Mercedes G-Wagon with only 3,378 kilometres on the

odometer sold at auction for $177,000 before adding owners. That's a 30% reduction in price, or around $80,000, in less than a year.