etp71

I drove my 63 fulie coupe to mecum this week . I had a great time car went to 98k but I could not do it so I drove it home all in all it was a good experience

65GGvert

How much did Mecum make on the no sale?

etp71

1000.00

65GGvert

Is it a flat fee for all cars, or is it rated in some way?

etp71

best day is sat so it was 1000.00 I think think they has some 500.00 spots on other days , also if you sell they take 8%

chevahaulic

Not bad for 3 minutes on stage with a fast talking sales person. I bet they have a fantastic way of showing no profit at tax time.

Zoomin

Why don't you start an auction firm and bank all that money?

achris44

Thank you for not taking 98K. How was the rest of the Mecum experience? I'd like to go to one of the big auctions just as an observer but the commentators sometimes even state that there are so many people there it is hard to walk around.

Dale002

I been to a few, They are a lot of fun, even if you are just there to watch people with money buy nice cars. The plus side is that you get to see many different cars in pristine condition.

denneys69

I'm surprised the "Dealmaker" didn't work you into a selling situation beings you hit 100K. He hates giving up at least the buyers commission.
Good for you. Continue to enjoy your gorgeous 63.

mrtexas

And they charge the buyer how much?

ghostrider20

I THINK it's the same for both buyer and seller, so 8%.

etp71

yes +100.00 to register as a bidder

rfn026

If you have the right car there is no seller's fee. The auctions are competing for the really great cars. There are even stories of the auction house guaranteeing that you will leave the auction with a specific amount of money if you consign your car to them.

Here's an article I did about the auction houses about 18 months ago.

Richard Newton