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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. According to him, "The tenants started calling me in the middle of the night to fix ...
Mecum Dealmakers is an American reality program airing on NBCSN. The series takes a behind-the-scenes look at Mecum Auctions , America's biggest collectable car auction facility. Each episode features a specific auction, focusing on the unique and collectable automobiles in each auction. [ 1 ]
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In 2018, Academy of Art University auctioned off 50 cars at Mecum Las Vegas for $3.7 million. [12] Early in 2018, Robert Fisher was announced as the new CEO of the Academy of Art University Automobile Museum. [13] In May 2019, four cars were sold for $467,500; and 15 more cars were sold in August 2019 for $1.69 million. [12]
Off-rental: rental car companies normally replace their fleets once a year, releasing a flood of late-model cars to the secondary market. Like the big financial institutions that underwrite car leases, rental companies also rely on auto auctions to sell off their used inventory. These vehicles tend to be well-maintained and driven for only one ...
This is a list of the most expensive cars sold in public auto auctions through the traditional bidding process.. On May 5, 2022, in a secret auction at the brand's museum in Germany, Mercedes-Benz sold one of just two 1955 300 SLR Uhlenhaut coupes from its extensive collection of historical automobiles—which dates back to the earliest days of the car in the late 19th century.
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