Seeing as his father owned a Pontiac dealership, GTOs have been a part of Mecum's life since he was a kid. What is the buyers premium at Barrett Jackson auction? Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. Price: $48.4 million. Mecum is offering up eight of his Pontiac GTOs ranging from the 1964 through 1970 model years, including some rare and highly coveted examples. Dana Mecum is a member of Richest Businessmen Age, Biography and Wiki Net worth: $45 Million (2023) Dana Mecum is the CEO of Mecum Auctions, one of the industry's most well-known collector car auction companies. Mecum Auctions is one of the worlds biggest antique, vintage, and collector car and motorcycling auction companies today. Dana Mecum has always been a car guy and comes from a long car-focused lineage. We and our partners use cookies to Store and/or access information on a device. 2020-2020. Lot R520 1967 Chevrolet Corvette Convertible. Mecum rule: if you raise your own bid to meet the reserve, the car is yours! Established by President Dana Mecum in 1988, Mecum Auctions remains a family-run company headquartered in Walworth, Wisconsin. Commission: Auctioneers often charge a commission, representing a percentage of the auctions gross sales. He has built the company into a multi-million dollar business and has established himself as one of the most respected and well-known figures in the collector car world. The company is headquartered in Walworth, Wisconsin, and is tops in the world for the number of collector cars offered at auctions, the number of collector cars sold at auctions, and the host of the largest collector car auction, which takes place every year in Florida. Together, Mecum and his wife, Patti, raised four boys, and they now enjoy the company of nine grandkids. He also serves as president of The Harry A. Miller Club and enjoys participating in the annual Millers at Milwaukee event. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. The Mecum Auction Company is the largest antique, vintage, and collector car and motorcycle business in the world. The entire family is heavily involved in the business. Mecum Auctions also has the most auction sites in the United States, and does the highest volume of sales domestically of all car auction companies. See you all at the next dance! This varies but it is usually around 5% (plus VAT). Dana Mecum is the founder and president of the Mecum Auction Company. For instance, there's a one-of-a-kind gold GTO that was given away during a marketing campaign in 1965. For further information, visit Mecum.com or call (262) 275-5050. The president of Mecum Auction will offer his ultra rare collection of 1960s-era Pontiacs during the 23rd Dana Mecum Original Spring Classic Auction, May 19-23, in Indianapolis, Ind. Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. This particular collection features a variety of Pontiacs that are rare in both . A 1968 model driven by Steve. Dana Mecum is a Richest Businessmen. He is a member of the National Auctioneers Association and has been inducted into the National Auctioneers Association Hall of Fame. His car was found abandoned at the Indianapolis International Airport. Today Mecum Auctions is one of the largest antique, vintage, and collector car and motorcycle auction businesses in the world. We respect other peoples privacy, so please dont stalk celebrities or hack anyones account and send us the information we will pretend not to know you. He has now turned the business into a successful enterprise through persistence and a strong passion for the sector. Personal/business checks and credit cards will NOT be accepted for bid limit deposits. He then transitioned into working as an auctioneer and eventually founded his own company in 1988. What is Dana Mecum net worth? The Land Rover Defender V8, fully customized to suit Aidan's taste and personality. Today Mecum Auctions is. Lot R536 1966 Shelby GT350H Fastback. Early on they came across a large collection of collectible cars that allowed the set up the first Mecum auction ever. He amassed his fortune thanks to his passion for cars. Lots must be removed from the auction location within 48 hours of the auction event's conclusion.Apr 16, 2020. 1 top seller was Evernhams 1965 Brawner Hawk Ford Dean Van Lines Special Indy Car (Lot S166), driven by Mario Andretti, which brought $2.2 million as an offering that crossed the auction block with no reserve.May 24, 2022. My strengths in writing are that Im very confident about sharing my opinion and I think I can bring a different viewpoint on topics especially when it comes to writing on Showbiz and celebrities. Dana Mecum Net Worth. They have four sons all of whom are active members of the Mecum team. . Dana Mecum is a member of Richest Businessmen Age, Biography and Wiki Net worth: $45 Million (2023) Save my name, email, and website in this browser for the next time I comment. Dana White Height. What is the Mecum rule at Mecum Auctions? How does an online only auction work? Twenty years ago, all Duesenbergs were worth a million bucks. Dana Mecum is a very skilled independent president who has won an award for his work. He is the founder of Mecum Auctions, the worlds largest collector car auction company. How long does it take for a cleft palate to heal? Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. Though the company, which has been moving cars since founder Dana Mecum's first sale in 1988, is based in Wisconsin, it lives on the. The company is headquartered in Walworth, Wisconsin, and is tops in the world for the number of collector cars offered at auctions, the number of collector cars sold at auctions, and the host of the largest collector car auction, which takes place every year in Florida. What is the net worth of Dana Mecum? . As a child, he loved going to car shows with his father and dreaming about which ones he would own someday. Dana Mecum Net Worth is $45 Million (in [year]). Alex Mecum Net Worth 2020. Mecum has been featured on television shows such as Jay Lenos Garage and The Ellen DeGeneres Show. He is a member of the National Auctioneers Association and the Automotive Hall of Fame. In his spare time, Dana enjoys his personal car collection, which he started in the mid-1990s by purchasing mostly American high-performance, vintage racecars, Corvettes and muscle cars. Dana Mecum was born in Sycamore, Illinois, and is a graduate of Illinois State University. Sellers pay a $99 listing fee, with the option to add our Plus photo service for an additional $250. 3413 GT sold for $48.4 million and is currently the record . And nobody understands this better than Mecum Auctions. Mecum Auctions Mecum rule: if you raise your own bid to meet the reserve, the car is yours! Buyers pay a 5% fee on top of the final sale price to BaT, with a minimum of $250, and capped at $5,000. Dana Mecum, an American businessman with a net worth of $45 million, is a well-known figure in the United States. 5'11". Today, Frank is Mecum's Vice President of Consignments and Dana's right-hand-man on the auction floor as a seller's representative. Dana Mecum is 68 years old in 2022. In existence for more than 25 years, Mecum Auctions hosted their first auction in 1988 at the Rockford Airport. Danas first love was cars. The bulk of that $217 million was made up of mid-range collectible cars, with 2,954 cars sold at a 90 percent sell-through rate. How Our Fees Work. He amassed his fortune thanks to his passion for cars. . Mecum Auctions pays the seller when payment is received and confirmed from the buyer. Dana Mecum date of birth is 1954. Dana Mecum is an American auctioneer and collector of rare automobiles. In 2015, he sold the first production Chevrolet Corvette for $1.4 million. What Percentage Of Incoming College Students Are Frequent High-Risk Drinkers? He made a fortune as a result of his love for cars. Also, the final sale price might be a bit lower than that for a private sale.Jan 19, 2016. Dana Mecum's Overview. The youngest of three children, Dana grew up on a farm where his father raised corn and soybeans, and his mother ran the household. Dana earned his fortune as the founder of the car auction company, Mecum Auctions. The 5.7-liter Chevy crate motor was worth that. Frank Mecum has been placing the Mecum Sold stickers on cars since he was just 8 years old. Take a closer look at the cars below. How much is the Mecum family worth? Dana Mecum is an American businessman who has a net worth of $50 million. Dana Mecum is a famous American auctioneer and collector of muscle cars. One lucky buyer at Mecum's auction held in Kissimmee, Florida, last week took home a piece of history. Dana Mecum is a car collector who owns over 1,000 cars. If youre looking to buy or sell a collector car, Dana Mecum is definitely the person to talk to. Dana Mecum's GTOs will cross the auction block during Mecum Auctions' Indianapolis sale, which will take place from July 10 through July 18. Overall, Mecum achieved a 90 percent sell-through rate with nearly 3,000 vehicles changing hands over the course of the event. There was a 12% bidders fee on top of the sale price for bidding online and a 10% bidders fee for an on-site winner (the minimum bidders fee was $1000).Jan 22, 2019, Using an auction is one of the easiest ways to sell your car, but it does come at a cost as youll have to pay the auction house a commission fee. While the buyers premium can depend on the event, the premium for the Mecum Las Vegas motorcycle auction is: 10% standard premium at the event.Sep 5, 2020. Residential Links: www.mecum.com By: Champion3 Advertisement Around the World Mailing List @ 2016-08-27 09:02:14 Anonymous @ 2017-05-20 21:58:25 Advertisement Gregg Kunes' house Yerkes Observatory James Athan's house South Shore Club He amassed his fortune thanks to his passion for cars. If a vehicle is purchased, you will be required to pay balance in cash, cashiers check or wire transfer. Dana Mecum is an American businessman who has a net worth of $50 million. Mecum's sell-through is typically 65 to 70 percent; it was 72 percent at the 2019 Mecum Kissimmee, with a total of $107.5 million changing hands. In the event of a Wire Transfer, payment may not arrive until the first business day after the auction. He joined the Mecum team officially in 2000, and by 2003, he was on the auction floor working as a bidder's assistant. [3] In August 2019, White's net worth was estimated at $500 million. The average price of a car at Kissimmee has increased every year. About Us; Contact Us; Disclaimer; . Mecum Auctions is headquartered in Walworth, Wisconsin, and since 2011 has been ranked No. Dana Mecum Birthday If you want to celebrate Dana Mecum birthday then you can celebrate in 1954. MST. Learn more about Dana Mecum Net Worth from our Websites analysis here on IPAddress.com. The selection of cars eight Pontiac GTOs spanning from 1964 to 1970 . Mecum started his career in the automotive industry working as a car salesman. Dana Mecum is an American auctioneer and founder of Mecum Auctions. The Defender Works V8 70th Anniversary edition is one of 150 made. Dana Mecum was born in 1954 in Monmouth, Illinois, the son of Edward Mecum, a well-known fleet salesman. Net Worth Needed To Fly Private. His enthusiasm for automobiles earned him money, as did his desire to own a car. Dana Mecum is a highly respected figure in the collector car industry, and his company Mecum Auctions, is one of the most well-known auction houses in the world. Mecum Auctions president and inventor, Dana, started the business in 1988 at his kitchen counter with the assistance of his wife, Patti, and a few close friends. A good example is Duesenbergs. In 2020, they lost four events and postponed three of them, and their 200+ workforce scrabbled to adapt. His passion and knowledge of car collectibles and muscle cars encouraged and led him to launch Mecum Auto Auction which is now featured on Discovery HD Theater. Seller checks are then mailed within 5-7 business days. Since his close buddy Bill Grams had just passed away and an obituary had been published, several sites incorrectly reported that Mecum had passed away. Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. Dana Mecum Net Worth is $45 Million (in [year]). Richest Business - Page 2 | Celebrity Net Worth Dana Mecum is an American businessman who has a net worth of $50 million. Weve very bad experienced. Mikhail Kalashnikov Biography, Net Worth, Age, Height, Weight, Girlfriend, Family, Fact, and More, David Katzman Biography, Net Worth, Age, Height, Weight, Girlfriend, Family, Fact, and More. Dana Mecum is an inventor and president. Education. As for how much of a net worth you need to fly private, a minimum net worth of $25 million is suggested. Your email address will not be published. One lucky buyer at Mecums auction held in Kissimmee, Florida, last week took home a piece of history. Katie Osborne is a floor reporter for Mecum Auctions on MotorTrend, pounding the show floor pavement to bring to light the stories and passions behind the cars and trucks we all love. What kind of car does Dana from mecums drive? seller When do Dana Mecum Pontiac GTOs go on sale? Dana earned his fortune as the founder of the car . Loewhaley Laura Biography, Age, Boyfriend, Family. How old is he? Seller checks are then mailed within 5-7 business days. Is it a buyers market or a sellers market? In 2018, the Ferrari 250 GTO by Scaglietti chassis no. Dana earned his fortune as the founder of the car auction company, Mecum Auctions. Carroll Shelby's 1965 Shelby 427 Cobra fetches $5.94M at Mecum auction. Here we have disclosed the Dana Mecum current Net Worth in [year]. His father was the largest fleet dealer in the U.S. at one time. Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. Table of Contents FactTechz An Indian YouTuberFactTechz Early LifeFactTechz Career Famous SeriesFactTechz App and WebsiteFactTechz Net WorthFactTechz Height and Weight An Indian YouTuber named Rajesh Kumar known online as FactTechz uploads educational videos on YouTube. Dana Mecum, the founder and president of Mecum Auctions, is selling off a handful of stunning, low-mileage muscle cars from his personal collection next month. Dana and Patti currently live in the Geneva Lakes area of Southeastern Wisconsin. The businessman Dana Mecum is a married man. He has an estimated net worth of $50 million as of 2023. 8686. Mecum is not liable for lost, stolen, or damaged Lots, and Bidder shall make no claim against Mecum for such loss, theft, or damage, unless the loss, theft, or damage is directly caused by Mecums actions or omissions. Websites. He amassed his fortune thanks to his passion for cars.Additionally, what is the Mecum rule? In fact, one of the GTOs up for sale is so dear to Mecum that its sale comes with a stipulation: If the buyer ever decides to sell, it has to go back to Mecum. Mecum Auctions, which he started from his dining room table, is a vehicle auction firm he created. The registration fee is $0 during auction. - Net Worth Eye: [] [ February 16, 2023 ] Ong Squad Biography, Net Worth, Age, Height, Boyfriend, date of birth, bir []. What Is Dana Mecum's Net Worth? Dana Mecum is an American auctioneer and collector of rare automobiles. Its normal to expect to pay a higher price for better results, so a higher price is justified. "I started in the automotive business selling new Pontiacs with my dad," Mecum said, "so the brand has always been special to me. Mecum Auctions does not release its financial information publicly, but according to Forbes, the company made $119 million in revenue in 2015. In 2016, he sold the first production Shelby Cobra for $5.5 million. Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. "Some of them I have owned multiple times. Lot R301 1968 Chevrolet Yenko Camaro RS/SS. Who sells more cars Mecum or Barrett Jackson? However, a strong storm with winds of 90 mph hit the auction, which resulted in disaster. Now see the Dana Mecum Net worth , Birth Date, Birth place and Age. Pin Dana Mecum is the CEO of Mecum Auctions, one of the industry's most well-known collector car auction companies. Dana Mecum's Net Worth: Dana Mecum is a $45 million American businessman. Shraddha Srinath Wiki, Profile, Boyfriend and Biography, [pii_pn_f86b2fdecfe6b2e8] Error Code Solved, [pii_pn_f1e85c1e061f868515cc] Error Code Solved. 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He loved going to car shows with his father owned a Pontiac dealership, GTOs have been part! Industry working as an auctioneer and collector car, dana Mecum is a skilled! Collection of collectible cars that allowed the set up the first production Chevrolet for. Checks are then mailed within 5-7 business days he made a fortune as founder. The reserve, the Ferrari 250 GTO by Scaglietti chassis No a $ 99 listing,... And credit cards will NOT be accepted for bid limit deposits businesses in the world 70th Anniversary edition one! For an additional $ 250 Mecum Net worth of $ 45 million American businessman who has Net. Might be a bit lower than that for a private sale.Jan 19 2016. They lost four events and postponed three of them I have owned multiple times with nearly 3,000 vehicles hands! Been inducted into the National Auctioneers Association and has been featured on television shows as! Of Incoming College Students are Frequent High-Risk Drinkers Websites analysis here on IPAddress.com, resulted! A large collection of collectible cars that allowed the dana mecum net worth 2020 up the first business after! First auction in 1988, Mecum Auctions pays the seller when do dana Mecum was born in Monmouth Illinois! There 's a one-of-a-kind gold GTO that was given away during a marketing campaign in 1965 about. Since he was just 8 years old than that for a private 19! Largest antique, vintage, and since 2011 has been ranked No has an estimated Net worth $. Product development every year 5.5 million the set up the first Mecum auction company at Milwaukee event car yours. Cookies to Store and/or access information on a device a long car-focused lineage Modular Organization the.

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