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. You can boost visibility with a $500 marketing upgrade. 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. Depending on the deal, they may also receive bonuses.Apr 5, 2021. One lucky buyer at Mecums auction held in Kissimmee, Florida, last week took home a piece of history. Mecum Auctions, which has existed for more than 25 years, had its inaugural auction at the Rockford Airport in 1988. Net Worth Needed To Fly Private. Today 80 percent are worth $750,000 to $1 million and the rest are worth $3 million to . The Land Rover Defender V8, fully customized to suit Aidan's taste and personality. Danas older brother, David, is a successful businessman, and his sister, Diane, is a teacher. Dana Mecum is an American auctioneer and collector of rare automobiles. He is a member of the National Auctioneers Association and has been inducted into the National Auctioneers Association Hall of Fame. 6 Where does Dana Mecum of Mecum Auction Live? He amassed his fortune thanks to his passion for cars. Dana Mecum is a car collector who owns over 1,000 cars. Dana Mecum and the entire staff at Mecum auction say THANK YOU to all those who participated in the 25th Annual Original Spring Classic! What is the most expensive car sold at Mecum auction? Mecum has 4 children and nine grandchildren with his wife, Patti. Dana Mecum founded Mecum Auctions while sitting at his dining room table. 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. 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. He. Loewhaley Laura Biography, Age, Boyfriend, Family. Dana Mecum Birthday If you want to celebrate Dana Mecum birthday then you can celebrate in 1954. The buyers fee is 10% of the final sales price, and the sellers fee is $500. He joined the Mecum team officially in 2000, and by 2003, he was on the auction floor working as a bidder's assistant. He has an estimated net worth of $50 million as of 2023. 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. Dana earned his fortune as the founder of the car auction company, Mecum Auctions. How much does it cost to bid on cars at Barrett Jackson? You cannot own everything, but you can keep track of the cars you love.". If you continue to use this site we will assume that you are happy with it. 1970 Plymouth Cuda Convertible Pilot Car. He amassed his fortune thanks to his passion for cars.Additionally, what is the Mecum rule? Your email address will not be published. In the case of multiple bidders, the bidder with the highest online bid at the end of auction is likely to buy the items. Dana Mecum is an American auctioneer and President of Mecum Auctions, Inc. Shraddha Srinath Wiki, Profile, Boyfriend and Biography, [pii_pn_f86b2fdecfe6b2e8] Error Code Solved, [pii_pn_f1e85c1e061f868515cc] Error Code Solved. This varies but it is usually around 5% (plus VAT). Dana Mecum is an American auctioneer and founder of Mecum Auctions. He amassed his fortune thanks to his passion for cars. Mecum Auctions has grown to become one of the largest and most well-known auction companies in the world. They have four sons all of whom are active members of the Mecum team. What Is Dana Mecum's Net Worth? The Dana Mecum net worth and salary figures above have been reported from a number of credible sources and websites. American businessman Dana Mecum has an estimated net worth of $45 million in 2012. You usually wont get a test drive, theres no warranty, and the vehicle could easily have a sketchy past. 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. In the event of a Wire Transfer, payment may not arrive until the first business day after the auction. How much is Dana Mecum Worth? Dana Mecums date of Birth 1954. Age in 2023 is 69 years old. Age in 2024 is 70 years old. Age in 2025 is 71 years old. Dana Mecum is an American auctioneer and collector of rare automobiles. By Champion3 @ 2012-08-14 13:32:31. The Mecum Auction Company is the largest antique, vintage, and collector car and motorcycle business in the world. Dana Mecums GTOs will cross the auction block during Mecum Auctions Indianapolis sale, which will take place from July 10 through July 18. Mecum Auctions is a company that auctions off classic and collector cars. What Is Dana Mecum's Net Worth? And nobody understands this better than Mecum Auctions. Mecum Auctions does not release its financial information publicly, but according to Forbes, the company made $119 million in revenue in 2015. In 2020, they lost four events and postponed three of them, and their 200+ workforce scrabbled to adapt. You dont 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.Jan 29, 2021. What is the net worth of Dana Mecum? For further information, visit Mecum.com or call (262) 275-5050. 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, an American businessman with a net worth of $45 million, is a well-known figure in the United States. 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. Mecum drove his mother's GTO a bit when he was 16, before eventually owning a '66 GTO convertible of his own. 1K. He has one of the largest collections of cars in the world. Dana Mecum birth day is 1954. Enter a Melbet promo code and get a generous bonus, An Insight into Coupons and a Secret Bonus, Organic Hacks to Tweak Audio Recording for Videos Production, Bring Back Life to Your Graphic Images- Used Best Graphic Design Software, New Google Update and Future of Interstitial Ads. Mecum Auctions is a company that specializes in the sale of collector and antique cars. Personal/business checks and credit cards will NOT be accepted for bid limit deposits. Richest Business - Page 2 | Celebrity Net Worth Dana Mecum is an American businessman who has a net worth of $50 million. "The GTOs I am offering are all special cars," Mecum said in the listing. 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. 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. The businessman Dana Mecum is a married man. Sign up for our newsletter for the latest tech news and scoops delivered daily to your inbox. Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. The original price of a 1962 Ferrari 250 GTO was $18,000. Dana Mecum profession is: Richest Businessmen. 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. How long does it take for a cleft palate to heal? Lot R301 1968 Chevrolet Yenko Camaro RS/SS. 21 comments. Commission: Auctioneers often charge a commission, representing a percentage of the auctions gross sales. In a similar vein, Mecum was recognized for his achievements within the family by being awarded the National Pawnbroker of the Year. Now, the company typically holds more than one auction every month with an inventory of about 15 thousand cars annually. Dana Mecum is a wealthy American businessman with a fortune of $50 million. Lots must be removed from the auction location within 48 hours of the auction events conclusion.Apr 16, 2020, The Bid Goes On is a station that sits at the end of the Mecum auction block, and its the place where efforts are made to keep potential deals alive for vehicles that havent met their reserve (a price established by the Consignor that is the lowest amount he or she will accept for their vehicle).Apr 8, 2022. Lot F88. Mecum adds a second Florida sale but postpones annual Las Vegas motorcycle auction. Today Mecum Auctions is one of the largest antique, vintage, and collector car and motorcycle auction businesses in the world. The program features Mecum Auctions founder Dana Mecum and son Frank. 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. Dana has eight known connections and has the most companies in common with David Magers. As a child, he loved going to car shows with his father and dreaming about which ones he would own someday. networth.com Alexa Rank 1,266,958 Domain WHOIS Registered with GoDaddy.com, LLC on April 29, 1992 WHOIS updated on February 10, 2023 Domain expires on April 30, 2024 IPv4 Address 3.140.204.221 Columbus OH 43215, United States (US . Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. He amassed his fortune thanks to his passion for cars. His father, Edward MECum, was a well-known fleet dealer from Monmouth, Illinois, and he grew up in the area. . Save my name, email, and website in this browser for the next time I comment. Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. Dana Mecum is the CEO of Mecum Auctions, one of the industry's most well-known collector car auction companies. 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.". However, the millionaire is still very much alive. Dana Mecum Net Worth According to Celebrity Net Worth, Dana Mecum has an estimated net worth of about $45 million. It comes with a price tag, starting at $196,000. Sellers pay a $99 listing fee, with the option to add our Plus photo service for an additional $250. His enthusiasm for automobiles earned him money, as did his desire to own a car. Katie Osborne, a reporter for Mecum on NBC Sports, says anyone who has an appreciation for classic and collector cars can get in on the action. Mecum has been featured on . He has now turned the business into a successful enterprise through persistence and a strong passion for the sector. Lake Geneva, Wisconsin (WI), US. 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. Where does Dana Mecum of Mecum Auction Live? Dana Mecum is an American businessman who has a net worth of $50 million. Remi is a fantastic entertainment content writer. The Untold Truth About Drake Mother - Sandi Graham. So why are property auction fees so high? Fans, please take into consideration that we didnt break into Dana Mecums bank accounts. A $50 million businessman from the United States is named Dana Mecum. 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. Is it a buyers market or a sellers market? What is the Mecum rule at Mecum Auctions? They hold auctions all over the country and have become quite popular in recent years. Alex Mecum Net Worth 2020. 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