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Who pays the fees at Mecum?

Who pays the fees at Mecum?

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.

How much does it cost to attend Mecum?

$20 each
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.

Where is the Mecum auction in Chicago?

Schaumburg Convention Center
Chicago 2021 at Schaumburg Convention Center | October 21-23, 2021.

Can anyone go to Mecum?

Mecum auctions are family-friendly events open to buyers, sellers and spectators making them easily accessible for everyone to enjoy, and there are many different options for getting in on the auction action.

What percentage does Mecum Auto take?

Vehicles/Motorcycles:

In Person 10%
Telephone 12%
Internet 12%

How much does it cost to buy a car from Mecum auction?

As a seller, you pay between $500 and $1,500 to list your car, with prime-time auction spots in the catalog coming more dearly. You can boost visibility with a $500 marketing upgrade. Mecum will also quote you for vehicle transportation to the auction site if you desire.

How much does it cost to buy a car from Mecum Auction?

How do you buy at 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.

Where is the Mecum Auction 2021?

Las Vegas 2021 at Las Vegas Convention Center | October 7-9, 2021.

What is there to do at Mecum auction?

At Mecum Auctions, you’ll find everything from entry-level classics for the new collector to unbelievable investment-grade, vintage vehicles and antique motorcycles. Of course, there’s also plenty of memorabilia, including rare signs, car parts, and personal items.

How do you buy a car at Mecum?

How much is a bidders pass at Mecum?

There was a 12% bidder’s fee on top of the sale price for bidding online and a 10% bidder’s fee for an on-site winner (the minimum bidder’s fee was $1000).

What’s the difference between Mecum and Barrett Jackson?

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.

Can anyone buy from Mecum Auctions?

Does Mecum charge a buyers fee?

If your bid is successful, you will pay Mecum buyer fees. While the buyer’s premium can depend on the event, the premium for the Mecum Las Vegas motorcycle auction is: 10% standard premium at the event. 12% buyer’s premium for phone and internet bids.

How much does it cost to buy a car at Mecum auction?

between $500 and $1,500
As a seller, you pay between $500 and $1,500 to list your car, with prime-time auction spots in the catalog coming more dearly. You can boost visibility with a $500 marketing upgrade. Mecum will also quote you for vehicle transportation to the auction site if you desire.

Where is the next Mecum Auto?

announced today a new multi-year agreement that delivers exclusive, live coverage of Mecum Auctions on MotorTrend+ and MotorTrend TV beginning in January 2022….2022 Mecum Auctions Schedule on MotorTrend+ and MotorTrend TV.

AUCTION LOCATION TV SCHEDULE DATES
Harrisburg, PA July 28-30
Monterey, CA August 19-20

What is the Mecum auction schedule for 2022?

Glendale 2022 at State Farm Stadium | March 16-19, 2022.

How do you pay at Mecum?

Mecum accepts absentee bids online and over the phone for those who can’t attend the auction….Paying for a Motorcycle Purchased at a Mecum Auction

  1. Cash.
  2. Check.
  3. Wire transfer (with a $100 fee)

What is the Mecum rule?

Mecum rule: if you raise your own bid to meet the reserve, the car is yours!

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