Mecum prices?

[Luvchevs]

Originally Posted by mprice

My observation at the typical Mecum Auctions has been that a very high percentage of the cars are bought and sold by dealers trading amongst themselves. I don't think that this was so much the case in Florida. The 2 day auction that just concluded in Florida was even more insane. I would caution everyone to not run out and buy a car based on the results of these two auctions. The results of these two auctions is completely opposite of what I would expect to be seeing in light of the recent leadership change in DC and the people that have already lost their jobs due to the indiscriminate signing of executive orders. I want to see at least one more auction before I jump.

I have also noticed a lot of dealers buying and selling at the auctions. I just don't understand how they can do this with the auctions getting such a large cut - 20%?

[Copo_Cartel]

I am sure that 20% is negotiated down to a more desirable number for dealers

[TimG]

Frank, I hope you got my PM.

[Lee Stewart]

Mecum breaks own sales records at huge Kissimmee, Florida, auction

With more than 2,000 collector cars crossing the block with a resounding 89 percent sell-through rate, Mecum Auctions racked up $122.8 million in sales from its massive 10-day Kissimmee, Florida, auction, the highest overall result for a single-event auction in the company’s history and “an unprecedented sales percentage for a reserve-based auction of this magnitude,” the company said.

Less than a week later, Mecum auctioned the Motor City Museum collection of 200 cars and automobilia lots in Punta Gorda, Florida, adding another $18.4 million to January’s results, for a total of $141.2 million (all results include auction fees).

https://journal.classiccars.com/2021...immee-auction/

[WILMASBOYL78]

Originally Posted by 1969l78

This Nova sold at $125,000...wonder what the market for a survivor 69 L78 Nova would be?

Can't believe that price...repop door panels, wrong headlite bezels, Hurst shifter, radial tires, looks like a hi-rise intake. All I can say is, I must have sold a few cars cheap

[300deluxe]

Did a bunch of comments on this thread get deleted?

[PeteLeathersac]

'

Are you perhaps thinking of the other Mecum thread?...
https://www.yenko.net/forum/showthread.php?t=165266

~ Pete


.