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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.
Autotrader.com, Inc. is an American online marketplace for car buyers and sellers, founded in 1997. It aggregates new, used, and certified second-hand cars from dealers and private sellers. The site also provides users with automotive reviews, shopping advice, and comparison tools for car financing and insurance information. [1]
Hemmings Motor News is a monthly magazine catering to traders and collectors of antique, classic, and exotic sports cars.It is the largest and oldest publication of its type in the United States, with sales of 215,000 copies per month, and is best known for its large classified advertising sections.
Some auction locations inspect and prepare the cars for sale if the listing dealer so chooses (at a premium). More extensive reconditioning is also available. Many auctions offer (for a fee) post-sale inspections for qualifying vehicles that can determine mechanical or frame damage issues and allow the buying dealer a window of opportunity to ...
An example would be the Ferrari 330 TRI/LM Spider that was sold for $9.25 million in 2007, which was the 1962 winner of the 24 hours classic. [16] Note that sportscar racers makes up the majority of competition cars on the main list. A car associated with a famous person adds value to its price. [17] Examples are:
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Based on his extensive experience as an on-air commentator for the Mecum Collector Car Auctions, in which he views and/or evaluates approximately 40,000 vehicles per year, Stephens offers comprehensive and detailed appraisals on classic, investment-grade automobiles through his subsidiary, Ultimate Garage Appraisals.
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