Auto Auction feedback needed
Thread Starter
Instructor
Joined: Sep 2012
Posts: 119
Likes: 3
From: Casey IL
Auto Auction feedback needed
I am considering consigning a few cars with Mecum Auctions in the fall as well as possibly purchasing a couple cars through the same auction. Does anyone have any positive or negative feedback with their past buying/selling Mecum experience? I would also be interested in hearing about other auction companies if anyone is interested in sharing. Any advice/information would be greatly appreciated.
Thanks in advance!
Clayton
Thanks in advance!
Clayton
Safety Car
Joined: Jun 2013
Posts: 4,399
Likes: 793
I am considering consigning a few cars with Mecum Auctions in the fall as well as possibly purchasing a couple cars through the same auction. Does anyone have any positive or negative feedback with their past buying/selling Mecum experience? I would also be interested in hearing about other auction companies if anyone is interested in sharing. Any advice/information would be greatly appreciated.
Thanks in advance!
Clayton
Thanks in advance!
Clayton
r
Instructor
Joined: Jul 2013
Posts: 113
Likes: 5
From: NJ
Thread Starter
Instructor
Joined: Sep 2012
Posts: 119
Likes: 3
From: Casey IL
Safety Car
Joined: Jun 2013
Posts: 4,399
Likes: 793
r
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From: Sherman CT
2023 C3 of the Year Finalist - Unmodified
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Set a "reserve" price, the minimum you'd accept to sell the car, if not, you may be disappointed.
Regards
Roy
Regards
Roy
Team Owner
Joined: Oct 1999
Posts: 34,034
Likes: 222
From: Land of Thunder
2018 C2 of Year Finalist
St. Jude Donor '12-'13-'14-'15, '19
Be realistic about the price you can expect. It costs a lot of money just to get a car there and enter it, so don't let whatever you've heard about two rich dudes fighting it out and paying ridiculous prices cloud your reason.
Know the price your car has to bid to, to get the net amount you want. Doing the math in real time is tough.
Be realistic about the date/time slot you want. Everyone thinks TV time is best, but few people buy while watching TV.
Know the price your car has to bid to, to get the net amount you want. Doing the math in real time is tough.
Be realistic about the date/time slot you want. Everyone thinks TV time is best, but few people buy while watching TV.