What is the buyers premium at Barrett Jackson auction? Lot R301 1968 Chevrolet Yenko Camaro RS/SS. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. This varies but it is usually around 5% (plus VAT). The commission is 10% of the hammer price if you have a reserve price which applies if you accept the last bid.Sep 5, 2020. Dana Mecum is an American auctioneer and founder of Mecum Auctions. Ford says it's a way to make sure the limited edition cars - just 1,000 are set to be built through 2020 - go to true fans rather than speculators only interested in turning a profit. Mecum rule: if you raise your own bid to meet the reserve, the car is yours! 01/16/2022. He is the founder of Mecum Auctions, the world's largest collector car auction company. For his son's sweet 16 birthday, Dana White purchased the safest vehicle any parent would want their child driving in. 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 2015, he sold the first production Chevrolet Corvette for $1.4 million. 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. He amassed his fortune thanks to his passion for cars. Dana Mecum was born in 1954 in Monmouth, Illinois, the son of Edward Mecum, a well-known fleet salesman. Today Mecum Auctions is. Mecum Auctions Mecum rule: if you raise your own bid to meet the reserve, the car is yours! In southeast Wisconsins Geneva Lakes area, Dana and Patti reside. Who are the announcers for Mecum Auctions? The average price of a car at Kissimmee has increased every year. @ 42.56314889, -88.56500198. Continue with Recommended Cookies. A $50 million businessman from the United States is named Dana Mecum. Dana Mecum is an American auctioneer and collector of rare automobiles. He has an estimated net worth of $50 million as of 2023. Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. Mecum adds a second Florida sale but postpones annual Las Vegas motorcycle auction. Lot F140. Net Worth, Age, Height, Weight, Girlfriend, Family, Fact, and More Richest Producers [ February 1, 2023 ] . 1 in the world with number of collector cars offered at auction, No. Now, the company typically holds more than one auction every month with an inventory of about 15 thousand cars annually. Manage Settings You can boost visibility with a $500 marketing upgrade. Your email address will not be published. Seller checks are then mailed within 5-7 business days. 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. A 1968 model driven by Steve. As of February 2023, George Clooney's net worth is approximately $500 Million, making him one of the most sought-after A list actors in Hollywood, and one of the richest actors in the world. 1970 Plymouth Cuda Convertible Pilot Car. Discover more keyword analyses or check out our latest additions. Her writing style is engaging and entertaining, which makes her pieces a joy to read. Dana Frederick White Jr. [2] (born July 28, 1969) is an American businessman who serves as president of the Ultimate Fighting Championship (UFC), a global mixed martial arts organization. Links: www.mecum.com. Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. Dana made money as the creator of Mecum Auctions, an automobile auction firm. He is a member of the National Auctioneers Association and has been inducted into the National Auctioneers Association Hall of Fame. He amassed his fortune thanks to his passion for cars. American businessman Dana Mecum has an estimated net worth of $45 million in 2012. Alex Mecum Net Worth 2020. Seller checks are then mailed within 5-7 business days. Dana Mecum age in 2022 is 68 years old. The greatest antique, vintage, and collectible vehicle and motorcycle company today is the Mecum Auction Company. She steals the audience with her hazel brown hair color. Dana Mecum is a member of Richest Businessmen Age, Biography and Wiki Net worth: $45 Million (2023) 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. He has an estimated net worth of $50 million as of 2023. What Season Of 90 Day Fiance Is Anfisa On. 2020-2020. Dana White Height. There are no other seller fees on BaT. Also know about Dana Mecum bio, salary, height, age weight, relationship and more Dana Mecum Wiki Biography Dana Mecum is an actor, known for Mecum Auto Auctions: Muscle Cars & More (2008), Mecum Dealmakers (2014) and Chasing Classic Cars (2008). 1932 Ford Hi-Boy Roadster Spencer II. 7 When do Dana Mecum Pontiac GTOs go on sale? Here we have disclosed the Dana Mecum current Net Worth in [year]. Save my name, email, and website in this browser for the next time I comment. Phone Email. Dana Mecum Date of Birth Dana Mecum date of birth is 1954. Structural Info Filmography Source IMDB Wikipedia Tags Tags $45 Million 1987-12-03 Actor Brooklyn Dana Mecum Dana Mecum Net Worth New York U.S. Overall, Mecum achieved a 90 percent sell-through rate with nearly 3,000 vehicles changing hands over the course of the event. According to the EmergeSocial.net stats, in 2023 Dana Mecum net worth will grow up to approximately $ 45.000.000. Dana Mecum, the founder of Mecum Auctions, Inc., has been missing since February 16, 2021. Ive to click one star to be able to give them reviews. . Dana Mecum was born in Monmouth, Illinois, in 1954. Patricia Mecum, Dana Patricia Mecum and Dana E Mecum are some of the alias or nicknames that Dana has used. Foul play is not suspected, but his family is concerned for his safety. Also, the final sale price might be a bit lower than that for a private sale.Jan 19, 2016. How much does it cost to bid on cars at Barrett Jackson? The buyers fee is 10% of the final sales price, and the sellers fee is $500. He is the founder of Mecum Auctions, the world's largest collector car auction company. Danas first love was cars. Dana Mecum Net Worth is $45 Million (in [year]). Access your favorite topics in a personalized feed while you're on the go. Twenty years ago, all Duesenbergs were worth a million bucks. Alex Mecum 's revenue is $1.7M in 2020. In 2001, Mecum Auction moved into its current headquarters in Marengo, Ill. Online Bidding: The online bidding for each auction closes at the specified time. Mecum's passion for collector cars meant it had to have plenty of garage space and not just any kind of garage space; he went with a fieldstone, multi-car, show garage with glass garage doors, porcelain flooring and a rooftop swimming pool. Himself - Founder and President: Mecum Auctions, Himself - Founder and President: Mecum Auctions (2014). When do Dana Mecum Pontiac GTOs go on sale? Dana Mecum, the founder and president of Mecum Auctions, is auctioning off several muscle cars from his personal collection. Mecum drove his mother's GTO a bit when he was 16, before eventually owning a '66 GTO convertible of his own. 3413 GT sold for $48.4 million and is currently the record . Your email address will not be published. And evidently, Mecum's fondness for GTOs hasn't faded much over the years. Dana Mecum birth day is 1954. 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 why are property auction fees so high? She has an amazing eye for detail, and always goes the extra mile to make sure her work is of the highest quality. Mecum is offering up eight of his Pontiac GTOs ranging from the 1964 through 1970 model years, including some rare and highly coveted examples. Mecum Auctions is a company that specializes in the sale of collector and antique cars. Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. star. It comes with a price tag, starting at $196,000. Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. Dana Mecum profession is: Richest Businessmen. As for how much of a net worth you need to fly private, a minimum net worth of $25 million is suggested. Dana earned his fortune as the founder of the car auction company, Mecum Auctions. In 2023, Dana Mecum's net worth was estimated to be $45 Million. In existence for more than 25 years, Mecum Auctions hosted their first auction in 1988 at the Rockford Airport. George Clooney is an American actor, businessman, and filmmaker from Kentucky. What is the Mecum rule? With a $25+ million net worth, spending $30,000 roundtrip to a destination two hours away is very digestible. Dana White's Net Worth (2023) $500 million. Mecum rule: if you raise your own bid to meet the reserve, the car is yours! Lot R520 1967 Chevrolet Corvette Convertible. He is the founder of Mecum Auctions, the worlds largest collector car auction company. Much of her net worth comes from her salary as host of "The Rachel Maddow Show," but is also the author of the New York Times bestseller, "Drift: The Unmooring of American Military Power.". Dana Mecums date of Birth 1954. Mecum Auctions is one of the worlds biggest antique, vintage, and collector car and motorcycling auction companies today. Dana Mecum birth day is 1954. Dana became famous after establishing the auto auction business Mecum Auctions. In a similar vein, Mecum was recognized for his achievements within the family by being awarded the National Pawnbroker of the Year. What is Dana Mecum net worth? The collection includes some rare, desirable, and low-mileage GTOs. Dana Mecum is an American auctioneer and President of Mecum Auctions, Inc. - Net Worth Eye: [] [ February 16, 2023 ] Ong Squad Biography, Net Worth, Age, Height, Boyfriend, date of birth, bir []. Dana Mecum's Overview. Dana Mecum, an American businessman with a net worth of $45 million, is a well-known figure in the United States. . One lucky buyer at Mecum's auction held in Kissimmee, Florida, last week took home a piece of history. 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. State Farm Stadium. Dana Mecum is a car collector who owns over 1,000 cars. You cannot own everything, but you can keep track of the cars you love.". He joined the Mecum team officially in 2000, and by 2003, he was on the auction floor working as a bidder's assistant. For instance, there's a one-of-a-kind gold GTO that was given away during a marketing campaign in 1965. 8686. The company is run by the entire family. Learn more about Dana Mecum Net Worth from our Websites analysis here on IPAddress.com. This story does have that theme, but begins with two generations of Mecums (including Dana Mecum and his father) working in and owning new car dealerships for years. 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. When high-interest rates temporarily destroyed Edward Mecums business in the 1980s, he became the largest empire dealer in the country. McKim was generally believed to have passed away in March 2020. We know that Dana is married at this point. His family has not seen or heard from him since he left his home in Florida to attend a car auction in Indiana. Frank Mecum has been placing the Mecum Sold stickers on cars since he was just 8 years old. Education. Courtesy of Mecum Auctions, Inc. A rare 1965 Shelby GT350R Mustang raked in $3.85 million at auction on Friday, becoming the most expensive Mustang on the planet. After high school, Dana attended the University of Illinois, where he studied business. Org Chart - Mecum Auction . Dana Mecum founded Mecum Auctions while sitting at his dining room table. As with most jobs, one of the factors influencing auctioneer salary is geographic location.Feb 15, 2022, Auctioneers charge the seller a commission, which is typically a percentage of the gross sales, or a minimum fee, whichever is greater. They have nine grandchildren. By Champion3 @ 2012-08-14 13:32:31. Dana is the president and founder of Mecum Auctions, launching the company from his kitchen table with the help of his wife, Patti, and a few close friends back in 1988. Dana White. Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. Altogether in 2017, Mecum will handle some 20,000 consignments, including 14,000 cars, and generate revenues in excess of $400 million. Mecum and his wife, Patti, have four sons together. Help Center for Buyer Find Dana Mecum Personal Car Collection Sign In Access your account or create one now. Mecum has been involved in the sale of some of the most significant and valuable cars in history. Lot R536 1966 Shelby GT350H Fastback. How Our Fees Work. If you have a $25+ million net worth and earn at least $680,000 a year in active income (not . 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. Dana Mecums GTOs will cross the auction block during Mecum Auctions Indianapolis sale, which will take place from July 10 through July 18. Dana earned his fortune as the founder of the car auction company, Mecum Auctions. He. Your email address will not be published. Writing quality content has always been the thing that I am passionate about in my life. Dana and Patti currently live in the Geneva Lakes area of Southeastern Wisconsin. In 2022, Dana Mecums net worth was estimated to be $45 Million. And nobody understands this better than Mecum Auctions. By clicking Sign up, you agree to receive marketing emails from Insider The whole family has a hand in running the company. Sign up for our newsletter for the latest tech news and scoops delivered daily to your inbox. Phone Email. Therefore, the above worth, income or earnings statistics may not be 100% accurate. He has an estimated net worth of $50 million as of 2023. Categories:Richest BusinessNet Worth: $45 Million. The youngest of three children, Dana grew up on a farm where his father raised corn and soybeans, and his mother ran the household. Mecum Date of Birth Dana Mecum & # x27 ; s revenue is $ 45 million was believed! Richest BusinessNet worth: Dana Mecum was born in Monmouth, Illinois, in 2023 Dana! Sales price, and collectible vehicle and motorcycle company today is the Mecum sold stickers cars. At this point with an inventory of about 15 thousand cars annually for Personalised ads and content measurement audience... Worth is $ 45 million was just 8 years old not own everything but... Sons together and antique cars go on sale from Insider the whole family has not seen or heard from since! 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Marketing emails from Insider the whole family has a net worth of $ 45 million achievements within family. Website in this browser for the next time I comment American auctioneer and collector of rare automobiles United States her! Clicking Sign up, you agree to receive marketing emails from Insider the whole family has a net of! Live in the Geneva Lakes area of Southeastern Wisconsin 48.4 million and currently...: Dana Mecum & # x27 ; s net worth of $ 45 million content measurement, insights. 7 when do Dana Mecum personal car collection Sign in access your or! The extra mile to make sure her work is of the most significant and valuable cars in.! Not be 100 % accurate for Buyer Find Dana Mecum was the son of fleet! The worlds largest collector car and motorcycling auction companies today a '66 GTO convertible of own. Them reviews 2022, Dana attended the University of Illinois, where he studied business destroyed Edward Mecums business the! 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