More Than 70 Tractors, Trucks to be Sold September 30-October 1 On-site at Illinois Museum Walworth, WI – April 20, 2022 – An exceptional private collection containing some of the most unique and rare prairie tractors will be offered by Mecum Gone Farmin’ at a live, on-site auction this Sept. 30-Oct. 1 in Frankfort, Illinois.
Full Answer
What is the 2022 Mecum auction schedule?
2022 Mecum Auctions Schedule on MotorTrend+ and MotorTrend TVAUCTION LOCATIONTV SCHEDULE DATESMonterey, CAAugust 19-20Dallas, TXSeptember 8-10Chicago, ILOctober 14-15Las Vegas, NV (Vehicles)November 11-127 more rows•Oct 28, 2021
What percentage does Mecum charge?
The commission is 10% of the hammer price if you have a reserve price which applies if you accept the last bid. If you do not have a reserve price, the commission is 5% of the hammer price.
How much does it cost to buy at Mecum?
How much do tickets cost? 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. Daily tickets sold at the gate are $30 each.
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 in the action with qualification to place bids on whatever catches your eye.
Is Barrett-Jackson or Mecum better?
Barrett-Jackson differs from Mecum's in that it places reserves on only very few high value cars and as a result Barrett-Jackson's sell through is in the 98% range. So looking at the number of cars sold the nod goes to Mecum's with 1,811 cars sold, 35% more than their Scottsdale rival Barrett-Jackson who sold 1,343.
How much do Mecum bidder assistants make?
Loading results...Job TitleAverage SalaryCompany NameFT Administrative Assistant/Research Assistant - Perimeter Area (2202)$62,643Mecum AuctionsFT Office Manager (2214)$96,358Mecum AuctionsFT Accountant (2224)$80,737Mecum AuctionsFT Software Sales Representative (2211)$111,572Mecum Auctions6 more rows
Does Mecum charge the 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.
What is the Mecum rule?
Mecum rule: if you raise your own bid to meet the reserve, the car is yours!
What does the seller pay at Mecum?
Mecum will also quote you for vehicle transportation to the auction site if you desire. If your car does sell, great, but know that you'll pay a seller's commission—5 percent of hammer price without reserve, 10 percent with a $1,000 minimum on eight of the auction's 11 days.
Do bidders see the reserve price?
A reserve price is the lowest price you're willing to sell an item for. Bidders can't see the reserve price, but they'll see whether it has been met.
Where is Dana Mecum now?
Dana and Patti reside in the Geneva Lakes area in Southeastern Wisconsin and have four sons—all of whom play important roles within the Mecum team—and nine grandchildren.
Can you inspect cars at Mecum?
Mecum Indianapolis 2021 Expert Auto Appraisals will be at the Mecum Auctions event in Indianapolis available for inspection and appraisal services. My inspection services will be available on any of the cars, trucks, or motorcycles at the Mecum Indy the auction.
What is the sellers premium at Mecum Auctions?
Mecum will also quote you for vehicle transportation to the auction site if you desire. If your car does sell, great, but know that you'll pay a seller's commission—5 percent of hammer price without reserve, 10 percent with a $1,000 minimum on eight of the auction's 11 days.
What percentage does Barrett Jackson?
(B) Should Buyer default upon his purchase in any manner, for any reason, Buyer agrees to pay Barrett-Jackson the full sum of both the buyer's premium 15% of sale price live (17% absentee/internet) and seller's commission (15% of sale price).
What is the Mecum rule?
Mecum rule: if you raise your own bid to meet the reserve, the car is yours!
What is Mecum Reserve?
A reserve price is the minimum amount that a seller is willing to accept as the winning bid; if the amount bid at auction does not reach or exceed the declared reserve amount, the seller then has the option to lift the reserve and sell their car to the highest bidder or let it go to Mecum's Bid Goes On department for ...