From 25 muscle cars to exotics and classics, Mecum now also sells, Mecum Auctions is the world’s leader in classic car auctions. The collector’s toolbar has covered Mecum auctions in the past, and there was something for every caliber of car collector on this one. Mecum Auctions named the car the star of the auction and singled it out as a charity car among all million dollar cars. In 2008, it was auctioned several times at RM Auctions for a higher price of $660,000 when Dana Mecum (of Mecum Auctions) bought the car.
At this auction in Kissimmee in 2016, a very similar car earned $2,675,000. After the car was finished, Kendall Motor Oil took on a custom 1080hp Kendall Motor Oil. on tour with Mecum Auctions. This car, driven by George Vollmer, won the first Porsche Porsche Can-Am championship. The 1951 Hirohata Mercury Custom sold for $2,145,000 at Mecums Kissimmee 2022 and is now the most expensive custom car in the world sold at auction.
Mecum Kissimmee, which runs from January 7th to 16th, is the largest collectible car auction in the world, featuring some 3,500 vehicles and thousands of road art collectibles. In addition to car sales, the Road Art Auction, a regular at the annual Mecums event in Kissimmee, generated $2.2 million in sales of over 1,200 items. Total sales were $217 million, the first time a car auction had crossed the $200 million sales threshold – the previous record was $176 million. The overall trends for 2022 are obviously still too early to call a full year, but the first major collector car auction of 2022 included sales of over $1 million.
The collectible car market started 2022 on a positive note with Mecum Auctions holding its annual New Year’s Eve event in Kissimmee, Florida. one car auction with a total sales of US$217 million. The event was also a success in the first year of a new partnership between Mecum and MotorTrend Television, with viewership reaching a record high for Mecum Auctions. Starting January 2022, you will be able to watch the full coverage of every Mecum auction live on MotorTrend+ or MotorTrend TV.
MotorTrend+, formerly the MotorTrend app, is the leading subscription streaming service entirely dedicated to the world of cars. Mecum Auctions is pleased to announce the resounding success of its 2011 live auction, with total sales of $578 million and an overall sell-through rate of 90%, the highest annual sell-through rate ever for an auction company. In the United States, it is also the highest achievement of the global classic car industry this year. At Nationwide Auto Transport, we’re committed to getting your classic car in and out of your next Mecum auction in pristine condition.
If you are interested in buying a car, please register for the auction as soon as possible. Apply for a Dealer License If you want to bid with a dealer, you will need a license to buy a car at auction. Some dealers offer a “broker” service who will buy auction vehicles on your behalf for a small commission.
Dealer-only auctions save a lot of money over “retail” car lot prices. The easiest way to buy any car is through a dealer auction. For many of us, bypassing the dealer markup and buying a used car at auction on our own sounds like the best plan.
When you buy a vehicle at auction, you must pay in cash or by check with verified funds on the day of sale. You can also purchase temporary vehicle tags that are valid for up to 30 days, but if you choose not to tag your vehicle, you will need to tow it home from the auction site.
All of these vehicles will have condition reports that can be made available online prior to the auction. Select auctions now feature fully detailed “Frontline Ready” vehicles ready for resale to the consumer.
A public car auction includes the sale of fleets from local councils, large government agencies, individual dealerships, those Mecum and Barrett-Jackson events you may have seen on television, and most vehicles offered on websites such as eBay . Some of them are related to special items such as agricultural equipment or yachts (Mecum also held vintage tractor auctions); others may be associated with a specific car club, museum, or special collection. Watch special editions and locations like Las Vegas showcasing cars and motorcycles in one place.
Walk past any used car dealer and you will see that most of the cars parked in the lot most likely came from an auction where the dealership has potentially paid relatively little for a car it hopes to resell at a good profit. The great irony is that there are dozens of custom Zephyrs that have sold for a fraction of those prices over the past decade (search Mecums auctions and you’ll see them) – cars that have been hundreds of thousands of dollars spent on. , it would have cost a lot more if they hadn’t been touched.
The average car price in Kissimmee has risen every year since the first Pebble Beach auction was held in 2012, but jumped from $49,112 in 2020 to $74,213 in 2021. in Monterey Car Week) set a new benchmark in Monterey in 2014 with record sales of $143.4 million. Mecum is kicking off a ten-day classic car marathon auction with over 19 individual car collections and 3,500 collectible cars in Kissimmee, FL, FL starting Jan 6 and ending Jan 16, 2022.
