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Mecum Auctions was founded in 1988 by Dana Mecum, [1] a car enthusiast whose father operated a dealership in Marengo, Illinois. [2] [3] Dana Mecum initially bought 40 semi-trailer trucks in the 1980s, and traded 10 of them for four houses which he rented out.
Arsenault opened an office for Derby Motors in Winnipeg, Manitoba, in early 1924, [1] following the dissolution of Winnipeg Motor Cars Ltd. in fall 1923. [2] The car was in fact an early example of badge engineering. Rather than build cars, Arsenault imported American built Davis cars, changed the nameplates to "Derby" and added "Derby" tire ...
The sale, to a private buyer, was for 135 million euros ($142,769,250). It handily outstripped the previous record-setting $48.4-million sale of a 1962 Ferrari 250 GTO at a 2018 auction to become the most expensive car ever sold at auction. Both of these high-dollar sales were brokered by RM Sotheby's. [1]
Auction sales during Monterey Car Week fell 3% from last year, as a shift from older to newer cars left a pileup of unsold classics from the 1950s and 1960s. ... the classic-car insurance company ...
Finally, there is a niche classic and luxury car market for $1 million-plus cars. [11] [12] Online auto auctions are also growing in popularity. One of the most popular online auctions to buy cars from is eBay Motors. [13]
RM Sotheby's is a collector car auction company headquartered in Blenheim, Ontario, Canada, with offices across the United States, Europe, and the Middle East.The company specializes in the sale of classic, vintage, sports, and exotic cars, and is responsible for the sale of seven of the top ten most expensive cars ever sold at auction.
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