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The Best Sites to Sell a Car - Car and Driver Westend61 - Getty Images "Hearst Magazines and Yahoo may earn commission or revenue on some items through the links below."
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.
The state of online car shopping is strong. For premium support please call: 800-290-4726 more ways to reach us
[9] [10] Also, there are some that sell US Government vehicles and those catering to the salvage market where insurance companies sell totaled vehicles. 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.
Once they've been transferred from dealer to buyer, most cars lose significant value. While there are numerous car brands and models that have naturally increased in value as time goes by, the best...
Aside those mentioned above, the world economy is the other main factor to the value of collectible cars as classic cars are frequently regarded as an alternative investment. [ 18 ] [ 30 ] The market began in the 1970s when used Ferraris were exported to Italian exotic car dealers in the United States who were willing to buy every vehicle which ...
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