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The event lasts 10 days and has an average of 650,000 visitors annually, making it one of the highest-attended auto shows in the United States. The show is the first-scheduled of the "A-sized category" automobile shows in the United States. [citation needed] In 2017, the Miami International Auto Show was cancelled due to Hurricane Irma.
In 2003, Barrett-Jackson opened another annual auction site in Palm Beach, Florida, [6] [60] where it continues as of 2023. [61] It is held annually at the South Florida Fairgrounds, [62] typically in late March or early April. [63] A Las Vegas auction was added in 2008, [64] held annually at the Mandalay Bay resort.
In the United States, auto auctions play a major role as a wholesale market for second-hand vehicles. Most states only allow closed auctions, meaning only dealers can use them. [6] As of 2018, there were 139 used car-auction sites in the US open only to car dealers. [7]
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Mecum subsequently traded his remaining trucks to a North Carolina man in exchange for 40 collector cars; these, in addition to his own collection of 15 cars, prompted him to hold an auto auction. [3] The company's first auction was held in Rockford, Illinois in 1988. It was intended as a one-time event, but was derailed by 90-mile-per-hour ...
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