10%
Vehicles/Motorcycles:
| In Person | 10% |
|---|---|
| Telephone | 12% |
| Internet | 12% |
What is the Mecum rule?
Mecum rule: if you raise your own bid to meet the reserve, the car is yours! 1968 Ford Shelby GT500 Fastback SOLD $90,000 #Mecum #Austin. 1K. 24 Comments.
How much does Mecum transport cost?
Auto auction transport costs ~$1 per mile for 1-500 miles. So, a 350 mile trip would cost $350. The longer the distance, the lower the price: Auto shipping ~1000 miles drops it to $. 75 cents a mile, or $750.
Who pays Mecum commission?
seller
Mecum Auctions pays the seller when payment is received and confirmed from the buyer. In the event of a Wire Transfer, payment may not arrive until the first business day after the auction. Seller checks are then mailed within 5-7 business days.
Does Dana Mecum have a car collection?
Dana Mecum, the founder and president of Mecum Auctions, is auctioning off several muscle cars from his personal collection. The selection of cars — eight Pontiac GTOs spanning from 1964 to 1970 — will cross the auction block at Mecum’s Indianapolis sale from July 10 through July 18.
Can anyone bid at Mecum Auctions?
You don’t have to be a dealer to buy a car at a Mecum auction; just register as a bidder in advance online or on-site at an event and join us with qualification to place bids on whatever catches your eye.
Who does Mecum use to ship cars?
Mecum Auto Transport with uShip Enclosed transport is the best option when it comes to shipping a classic or collector car.
How do you buy a car from Mecum Auction?
You don’t have to be a dealer to buy a car at a Mecum auction; just register as a bidder in advance online or on-site at an event and join in the action with qualification to place bids on whatever catches your eye.
How many cars does Dana Mecum own?
Inside and in adjacent circus tents sit 795 cars—everything from a much-coveted 1937 Cord to a much-maligned 1976 Ford Pinto. The Mecum Auctions show is revving up.
Who pays Mecum Commission?
How much does it cost to bid at Mecum?
Re: Buyers premium Mecum Indy 2018 It’s $200 to bid at the auction also. Keeping this in consideration, how much does it cost to go to a Mecum auction? Daily tickets are $20 each when purchased online prior to the auction start. After the auction has started, Daily tickets purchased online are $30 each.
How much does it cost to sell car at Mecum Auctions?
However, Mecum Auctions reserves the right to alter the placement of vehicles at our discretion. Auction run times are estimates only, and are not guaranteed. If an auction entry is canceled within 5 days of the original entry, the fee will be refunded minus a $25 handling fee.
What are the accepted deposit methods for Mecum Auctions?
Accepted deposit methods: cash, check (personal or company), certified funds, wire transfer, credit card (3% non-refundable processing fee). Bidder may setup an ACH Profile between the bidder’s financial institution and Mecum Auctions. This will allow Mecum to collect the amount due at settlement quickly and efficiently.
Who is entitled to attorney fees at Mecum Auctions?
Mecum Auctions shall be entitled to Attorney’s fees incurred in the enforcement of this contract.
