Mecum St.Charles 10/07

[showyourauto]

I traded the time there for a "quality time" get away with my wife, no kids...

Any indication of the overall sell/unsold ratio?

Anyone want to speculate as to what was up, down, holding their own?

Thanks! ~Patrick

[Charley Lillard]

I think I heard Friday was 60-70% percent sale range ? Things seemed fine to me. I did meet someone on the hotel elevator that had come to the auction for the first time last year and bought a Boss 302. He brought it back to sell this year and he was worried about a down market. It was clear to me that this guy read a wall street type article over a year ago and bought the car purely as a investment. He did not strike me as a car enthusiast, just a speculator. I don't mind if he doesn't make any money.

[SUPERSPORT]

Up until Saturday around noon 55.8% of the cars sold. Some very nice cars and great time! I am sure that percentage may have increased as the quality of cars did?!

[1969l78]

Any idea what the blue 396 70 nova with 8000 miles went for?

[showyourauto]

[ QUOTE ]
I think I heard Friday was 60-70% percent sale range ? Things seemed fine to me. I did meet someone on the hotel elevator that had come to the auction for the first time last year and bought a Boss 302. He brought it back to sell this year and he was worried about a down market. It was clear to me that this guy read a wall street type article over a year ago and bought the car purely as a investment. He did not strike me as a car enthusiast, just a speculator. I don't mind if he doesn't make any money.

[/ QUOTE ]

If you don't love 'em don't buy 'em...'cause up or down doesn't matter when you can still enjoy owning them. Overall sounds like it was a good auction, sad to have missed it (not really ).

[tirebird]

another perspective of the Mecum experience.

http://www.pontiacregistry.com/membe...rticle_300.pdf

[olredalert]

------Thats got to be the highest recorded sale of a 66 2+2 I have ever heard of. I cant believe that this fella wasnt jumping for joy. Too bad he got there a bit late and ran into the one employee that was a bit stressed out, but "stuff" happens, and Im sure that this one person probably got thru that brief period and was a warm and cuddly fella the rest of the weekend.........Bill S

[Stefano]

I wish I had a world record sale to complain about. No doubt the auction scene can be a very taxing experience to both new and experienced participants alike.

In my 20 years of experience with Mecum, they have continued to improve their program and are with out a doubt one of the premier Car Auctions in the world.

800 cars is no small feat!

1) Complaining that a car was sold for more than your reserve and possibly a world record? (Only Colin can do that!)

2) Express Check in had a very early Deadline, it is not just about having all the paperwork done.

Like all of us who rely on technology, Mecum is not an exception. There were some computer operational issues, beyond Mecum's control, which may have slowed things down a bit, in the office.

3) Showing up late, when the Mecum Staff was focused on the Party/Event? They were still there to accommodate, but check in was officially over at 6:00pm?

4) Complaining that it took a few hours to get their money and paperwork? (This individaul has certainly never sold a car at other auctions where 30-45 days is the norm to get paid)?

5) All spaces inside and outside tents are accounted for, if you didn't pay for the privilege of having your car inside, I don't see a valid complaint about moving a car to a location where it doesn't belong, just to clean it?


You can always find something to complain about, but I would say mission accommplished in this senario!

[TimG]

I think the instant payment thing is great. We had cars checked in and in the building within one hour of arrival.

[tabooo]

Stefano,You said it all,thanks