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Online auto auctions are also growing in popularity. One of the most popular online auctions to buy cars from is eBay Motors. [13] On eBay Motors, any user can create an account and put their vehicle(s) up for auction even if they are from a state that only allows closed auctions. There is usually a fee associated with selling a vehicle on eBay ...
Mecum's auctions attract a varied clientele, [16] including a large number of non-bidding spectators, who make up approximately 90 percent of attendees. [3] Events receive anywhere from 20,000 to 100,000 attendees. [9] The inaugural auction event, known as the Rockford Spring Classic, was held at the Greater Rockford Airport in 1988.
In 2022, RM Sotheby’s set the record for highest-grossing collector car auction ever with their Monterey sale grossing $239,258,340. During their Monterey sale, RM Sotheby’s sold the world’s most expensive new Porsche: a 2022 Porsche 911 Carrera known as “Sally” for 3.6 million USD.
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