Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. He amassed his fortune thanks to his passion for cars. He. Dana became famous after establishing the auto auction business Mecum Auctions. 1968 Ford Shelby GT500 Fastback SOLD $90,000 #Mecum #Austin. Links: www.mecum.com. Dana Mecum is a famous American auctioneer and collector of muscle cars. Dana Mecum net worth is $45 Million in [year]. Who is Trey Kennedy? Mecum adds a second Florida sale but postpones annual Las Vegas motorcycle auction. 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. His family has not seen or heard from him since he left his home in Florida to attend a car auction in Indiana. Dana Mecum is an American businessman who has a net worth of $50 million. Buying a used vehicle from an auction can be much cheaper than buying from a dealer or a private seller, but its also a much riskier way of buying a used car. The consent submitted will only be used for data processing originating from this website. Price: $48.4 million. Alesis Surge Vs Nitro 2023: Top Full Review, Guide, What is Adnan Khashoggi Net Worth 2023: Full Information, What is Daniel Day Lewis Net Worth 2023: Overview, Interview, What is Jen Ledger Net Worth 2023: Overview, Interview, How To Play The Harp? Today Mecum Auctions is. For example, an auctioneer charging the seller 15% or $1,000 would earn $1,500 for a $10,000 auction, but earn $1,000 for a $5,000 auction.Mar 8, 2011, On-site Buyers Premium 10% Absentee Buyers Premium 12% On-site Automobilia Buyers Premium 15%Jul 3, 2019. Edward Mecum, a well-known Fleet salesman, had a son named Dana Mecum, who was born in Monmouth, Illinois, in 1954. (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 buyers premium 15% of sale price live (17% absentee/internet) and sellers commission (15% of sale price). As of January 2022, ZipRecruiter reported that auctioneers earned an average annual wage of $54,113, with earnings typically ranging from $22,500 to $110,500. According to the EmergeSocial.net stats, in 2023 Dana Mecum net worth will grow up to approximately $ 45.000.000. Dana Mecums date of Birth 1954. Mecum Auctions does not release its financial information publicly, but according to Forbes, the company made $119 million in revenue in 2015. Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. George Clooney is an American actor, businessman, and filmmaker from Kentucky. 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. @ 42.56314889, -88.56500198. They also give you a much higher likelihood of success. Your email address will not be published. In Marengo, Illinois, his father had a Pontiac business that eventually sold used cars from Avis. Everyone likes to know about celebrities and their life. Is it a buyers market or a sellers market? A 1965 Shelby 427 Cobra owned by Carroll Shelby himself crossed the block, with the final bid coming in at $5.94 million. Dana Mecum is an American auctioneer and collector of rare automobiles. Dana Mecum, the founder and president of Mecum Auctions, is auctioning off several muscle cars from his personal collection. Fans, please take into consideration that we didnt break into Dana Mecums bank accounts. 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. Who sells more cars Mecum or Barrett Jackson? Dana Mecum Net Worth is $45 Million (in [year]). Mecum Auctions Mecum rule: if you raise your own bid to meet the reserve, the car is yours! We use cookies to ensure that we give you the best experience on our website. Carroll Shelby's 1965 Shelby 427 Cobra fetches $5.94M at Mecum auction. Consign Now. "Some of them I have owned multiple times. Mecum has been featured on numerous television shows, including the Discovery Channels Auction Kings and NBCs American Dream Builders. He is also a regular guest on the nationally syndicated radio show The Car Show.. What is Frank Mecum net worth? Dana Mecum Date of Birth Dana Mecum date of birth is 1954. Mecum Auctions has grown to become one of the largest and most well-known auction companies in the world. Frank's reported annual income is about $100 - 149,999; with a net worth that tops $100,000 - Its owned by American businessman and owner of Mecum Auctions, Dana Mecum and wife, Patti. Mecums death was widely reported in March 2020, although he is very much alive. Is it a good idea to buy car from an auction? Dana became famous after starting the car auction business Mecum Auctions. Frank Mecum has been placing the Mecum Sold stickers on cars since he was just 8 years old. He amassed his fortune thanks to his passion for cars. Dana Mecum profession is: Richest Businessmen. 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. Phone Email. 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. As for how much of a net worth you need to fly private, a minimum net worth of $25 million is suggested. He joined the Mecum team officially in 2000, and by 2003, he was on the auction floor working as a bidder's assistant. Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. Discover more keyword analyses or check out our latest additions. How much is Frank Mecum worth? There was a 12% bidders fee on top of the sale price for bidding online and a 10% bidders fee for an on-site winner (the minimum bidders fee was $1000).Jan 22, 2019, Using an auction is one of the easiest ways to sell your car, but it does come at a cost as youll have to pay the auction house a commission fee. However, the millionaire is still very much alive. A $50 million businessman from the United States is named Dana Mecum. FactTechz An Indian YouTuber named Rajesh Kumar known online as FactTechz uploads educational videos, Hussain Tareen Biography, Net Worth, Age, Height, Weight, Girlfriend, Family, Fact, and More, Technical Guruji Biography, Net Worth, Age, Height, Weight, Girlfriend, Family, Fact, and More, Mike Nilon Biography, Net Worth, Age, Height, Weight, Girlfriend, Family, Fact, and More, Mr. Indian Hacker Biography, Net Worth, Age, Height, Weight, Girlfriend, Family, Fact, and More. - Net Worth Eye: [] [ February 16, 2023 ] Ong Squad Biography, Net Worth, Age, Height, Boyfriend, date of birth, bir []. Dana earned his fortune as the founder of the car auction company, Mecum Auctions. "The GTOs I am offering are all special cars," Mecum said in the listing. Katie Osborne is a floor reporter for Mecum Auctions on MotorTrend, pounding the show floor pavement to bring to light the stories and passions behind the cars and trucks we all love. Together, Mecum and his wife, Patti, raised four boys, and they now enjoy the company of nine grandkids. They have four sons all of whom are active members of the Mecum team. 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. President . In the event of a Wire Transfer, payment may not arrive until the first business day after the auction. Sign up for our newsletter for the latest tech news and scoops delivered daily to your inbox. 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. 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. Dana Mecum is a car collector who owns over 1,000 cars. Dana Mecum is a very skilled independent president who has won an award for his work. 1K. He amassed his fortune thanks to his passion for cars.Additionally, what is the Mecum rule? The registration fee is $0 during auction. Dana Mecum was born in 1954 in Monmouth, Illinois, the son of Edward Mecum, a well-known fleet salesman. 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. 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 addition to the entry fee, Mecum Auction charges a commission for sellers. Dana White. In 2015, he sold the first production Chevrolet Corvette for $1.4 million. Established by President Dana Mecum in 1988, Mecum Auctions remains a family-run company headquartered in Walworth, Wisconsin. Dana has eight known connections and has the most companies in common with David Magers. Advertisement. Dana Mecum nickname is Dana. Dana earned his fortune as the founder of the car auction company, Mecum Auctions. If you continue to use this site we will assume that you are happy with it. Best Ultimate Guide 2023. She steals the audience with her hazel brown hair color. If a vehicle is purchased, you will be required to pay balance in cash, cashiers check or wire transfer. How to Market Your Business with Webinars? We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. She has an amazing eye for detail, and always goes the extra mile to make sure her work is of the highest quality. 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