Daily tickets are $20 each when purchased online prior to the auction start. This site is protected by reCAPTCHA and the Google. The company also requires that sellers have things like “factory paint” certified, and must sign off on its authenticity before they can advertise it. When attending Mecum car auctions for cheap collector cars, the average market value should only be treated as a starting point. Chevy Hardcore NEWSLETTER - SIGN UP FREE! The best way to bring home a cheap collector car from a Mecum auction is by targeting low supply, low demand models. If you are getting into collector cars and want to make a significant initial investment, while still getting a great deal, here are a few examples from previous Mecum auctions that should wet your appetite. “When I was in high school in the late ’60s, you were cool if you had a musclecar. When you have completed the vehicle check-in process, Mecum personnel will perform a VIN inspection. Mecum offers more collector cars at auction than any other auction house in the world, and with 20,000 lots crossing the auction block each year, no other company offers quite the variety that Mecum does. A $100 lien-processing fee will be assessed. At the 2012 Mecum Monterey auction, it went unsold with a hammer bid of $300,000. (as a teen)? At seventeen, he bought his first classic, a '57 Chevy Bel Air four-door, and has since added a '66 Plymouth Valiant and '97 Cadillac Deville to his collection. Choose an auction: - Select an auction - Las Vegas 2020 Davenport 2020 Kansas City 2020 Houston 2020 Kissimmee 2021 You must select an auction Mecum offers both reserve and no reserve consignment options with entry positions available for all value ranges and all types of vehicles. An example Kraman used was an all-original 1969 Nova with a six-cylinder engine and a Powerglide transmission that might be worth $5,000 to $7,000. It sold for $98,000 and was an excellent value to winning bidder. There is an unlimited range of vehicle values that cross the auction block at a Mecum auction. Mecum Auctions pays the seller when payment is received and confirmed from the buyer. If the reserve price is not met, and the seller doesn’t take the highest bid, only the prepaid entry fee is retained. A lot of dealers and collectors just love being on TV. Customers with "prime position" numbers are not eligible to change vehicles once the vehicle is declared. Daily Tickets are available at the gate. Online purchases may be made throughout the auction event. Who wouldn’t want to be there to see their car sell? The beginning of 2012 launched an exciting year of collector car auctions in celebration of Mecum’s 25th anniversary. Car Auctions | Auto Auction | Government Car Auctions | Cheap Cars For Sale | Truck Auctions | Vehicle Auctions, Copyright 2000-2020. Every year they hold 10-20 auctions. Sign, initial and return the completed forms via email or fax. See your. This means after the purchase, you will be sent an email that contains all of your tickets. Don't go to an auction unless you know a mechanic who will go to the auction with you and inspect any car you are considering to bid on. Performance Agreement (Feature/Star/Main Attraction entries only): Failure of the declared consigned vehicle to be present for contracted Mecum auction on assigned day will result in financial relief to Mecum Auctions in the amount of 20% of stated reserve price or fair market value (if no reserve). Provide payment information (credit card) for each vehicle. 4 Costly Mistakes to Avoid at Mecum Collector Car Auctions. After the auction has started, Daily tickets purchased online are $30 each. However, customers who do not announce the vehicle they are entering into the sale will not be eligible for those positions deemed "prime positions" in the sale. This is an extremely common mistake, which you can use to land a great deal on a cheap collector car. Yes. However, Mecum Auctions reserves the right to alter the placement of vehicles at our discretion. Sometimes a car will get a lot more attention than you expect, and other times a lot less.” He also talked about how important timing is. What is a car model that used to be a station wagon and became an sedan. If you can find a way to develop and follow a lifelong passion, you can do anything.”, Develop a real friendship with them, and really be honest – Joe Cheeks, We asked Joe what advice he would give to someone just getting into the auction game. This car has an older restoration and a 2 condition. The winning bidder at the 2012 Mecum Kissimmee auction only paid $52,000. But, there are rare exceptions allowed if for whatever reason the seller cannot attend. seller is also out 400 for entry so 8800 is final amt. Lets say $400 entry for the seller. The second day entry fee is $1,000. Always evaluate each car independently. Bidders are willing to spend more or less than the average market value based upon a variety of factors including condition, documentation, and desirability. Yes, Tickets can be purchased online throughout the auction. Please contact us if you have any questions related to VIN/Serial Numbers or Titles/Registration at 262-275-5050 ext 6880. Mecum Auctions will not release vehicle to buyer until payment is received. Claims of "Matching Numbers" are addressed in Paragraph 15 above and by separate documents. Any things to look for when buying a first car? Since I’ve been doing this, I’ve made lifelong friends that I otherwise never would have known. Refer to Position Request Form above for commission details for each auction. Mecum prides itself on offering the best customer service in the industry, and staff members at Mecum Headquarters as well as those on-site at the auctions are happy to help answer questions and ensure a smooth and enjoyable auction experience from start to finish. If everyone is out to lunch or away for dinner, the car won’t sell as well. Complete an online auction Position Request form (available above) for each vehicle you want to sell. 2. The more people who focus on pristine-only options, the less competition you will have bidding against you. We spoke with the seller of this car, Joe Cheeks, and got some first hand information from him about what it is like to be on the selling side of the auction block. The final price at an auction is based upon how much the highest bidder is willing to pay – not the average market value. You can also print the form and return via fax or mail. Still have questions? For example, a car assigned lot number 100 will sell three or four hours into the day, where a car with lot number 200 will be available after six or seven hours. He used his first name casually, as though they are close friends that go back decades, and that’s because this is exactly what they are … old friends. Photos taken with the camera on your phone will usually be sufficient and can easily be emailed to our office. Avoid getting falling victim to the afterglow effect. Sure. Lets use a $10,000 car for example, Most of these auctions have an entry fee that the seller pays. Thank you in advance. As soon as the auction was over, within 20 minutes, I had a call from Mike who was in Kansas City and he was confirming the instructions and delivery address. The more accessible the parts are, the cheaper the parts will be. When focusing on cars outside of pristine condition, make sure all of the numbers are matching and that every major mechanical component is accounted for. Vehicles/items must be removed from the auction site within 48 hours of the auction end. Road Art®, Infonet® & The Bid Goes On® are registered trademarks of Mecum Auction, Inc. Leave a comment with us and let us know what you think about Mecum. 3. *If your email has issues sending large photo files, you may need to split files into multiple email messages. Mecum telephone representatives offer exceptional customer support from the live auction event, walking successful bidders step-by-step through inspection, bidding, settlement and beyond. He told us about a few cars that stand out for him as he thinks of what he has sold over the years. That you can then print out owner of Mecum Auctions is entitled to its commission on any vehicle up. Of vehicle values that cross the auction during the specified check-in dates/times daily... Starting point sending them to your computer gas pumps exception to a Dealership with Expired Registration in California headline car! 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