Best Ultimate Guide 2023. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. Dana Mecum, the founder and president of Mecum Auctions, is auctioning off several muscle cars from his personal collection. Access your favorite topics in a personalized feed while you're on the go. He is known for his work in the collector car industry. 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). Dana Mecum is a highly respected figure in the collector car industry, and his company Mecum Auctions, is one of the most well-known auction houses in the world. He is the founder of Mecum Auctions, the worlds largest collector car auction company. And evidently, Mecum's fondness for GTOs hasn't faded much over the years. With a $25+ million net worth, spending $30,000 roundtrip to a destination two hours away is very digestible. Now, the company typically holds more than one auction every month with an inventory of about 15 thousand cars annually. Online Bidding: The online bidding for each auction closes at the specified time. What Is Dana Mecum's Net Worth2023? Dana Mecum is a car collector who owns over 1,000 cars. He amassed his fortune thanks to his passion for cars. He founded the car auction company, Mecum Auctions, which began as a business around his dining room table. Dana Mecum is an American auctioneer and founder of Mecum Auctions. Mecum Auctions' Dana Mecum Among his rewards for auctioning more collectible cars than anyone else in the world is a private jet that helps him sell even more. Categories:Richest BusinessNet Worth: $45 Million. Dana Mecum's GTOs. Dana and Patti currently live in the Geneva Lakes area of Southeastern Wisconsin. Education. Links: www.mecum.com. Combat Sports. Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. Lots must be removed from the auction location within 48 hours of the auction event's conclusion.Apr 16, 2020. Built in 2016, this 33,000 square foot gem belongs to Dana Mecum of Mecum Collector Car Auction Fame. Lot R301 1968 Chevrolet Yenko Camaro RS/SS. How long does it take for a cleft palate to heal? Table of Contents FactTechz An Indian YouTuberFactTechz Early LifeFactTechz Career Famous SeriesFactTechz App and WebsiteFactTechz Net WorthFactTechz Height and Weight An Indian YouTuber named Rajesh Kumar known online as FactTechz uploads educational videos on YouTube. A 10% to 15% commission is typical for this profession. Dana Mecum is the founder and president of the Mecum Auction Company. Mecum has been involved in the sale of some of the most significant and valuable cars in history. There are no other seller fees on BaT. Commission: Auctioneers often charge a commission, representing a percentage of the auctions gross sales. 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. He has built the company into a multi-million dollar business and has established himself as one of the most respected and well-known figures in the collector car world. Dana Mecum's Overview. Its normal to expect to pay a higher price for better results, so a higher price is justified. In 2014, he sold the first production Ford Mustang for $1.3 million. In 1984, Dana founded Mecum Auctions, which has become one of the worlds largest collectors car auction companies. Mecum drove his mother's GTO a bit when he was 16, before eventually owning a '66 GTO convertible of his own. The Land Rover Defender V8, fully customized to suit Aidan's taste and personality. How does an online only auction work? According to Celebrity Net Worth, Dana Mecum has an estimated . It is an approximate forecast of how rich is Alex Mecum and could vary in the range between $719.2K - $1.8M. Dana earned his fortune as the founder of the car auction company, Mecum Auctions. American businessman Dana Mecum has an estimated net worth of $45 million in 2012. In 2022, Dana Mecum's net worth was estimated to be $45 Million. Many of the cars are sold without reserve, meaning the owner will accept the highest bid, whatever it is. We respect other peoples privacy, so please dont stalk celebrities or hack anyones account and send us the information we will pretend not to know you. The original price of a 1962 Ferrari 250 GTO was $18,000. Dana Mecum Net Worth According to Celebrity Net Worth, Dana Mecum has an estimated net worth of about $45 million. His enthusiasm for automobiles earned him money, as did his desire to own a car. He founded the car auction company, Mecum Auctions, which began as a business around his dining room table. 1 in the world with number of collector cars offered at auction, No. Phone Email. He is a member of the National Auctioneers Association and has been inducted into the National Auctioneers Association Hall of Fame. The entire family is heavily involved in the business. Continue with Recommended Cookies. Dana Mecum is a Richest Businessmen. Year Estimation; December 2020: $42.8K - $98.6K: November 2020: $50.1K - $125.2K: October 2020: $74.2K - $115.9K: September 2020: $80.4K - $111.8K: August 2020: If a vehicle is purchased, you will be required to pay balance in cash, cashiers check or wire transfer. Dana Mecum and the entire staff at Mecum auction say THANK YOU to all those who participated in the 25th Annual Original Spring Classic! Lot F89. In 2016, he sold the first production Shelby Cobra for $5.5 million. The company is best known for its large, high-profile auctions that are held annually in Indianapolis, Kissimmee, Florida, and Houston. Lot S87 2023 Chevrolet Corvette Z06 70th Anniversary Convertible. 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. A 1968 model driven by Steve. Mecum auctioneers are very dishonest! Mecum rule: if . In the event of a Wire Transfer, payment may not arrive until the first business day after the auction. We know that Dana is married at this point. Dana Mecum's GTOs will cross the auction block during Mecum Auctions' Indianapolis sale, which will take place from July 10 through July 18. The whole family has a hand in running the company. He amassed his fortune thanks to his passion for cars. They also give you a much higher likelihood of success. Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. Most of Mecum's net worth is achieved from Mecum Auction, his car auction company. MST. There is a minimum commission of $125 to $650 depending on your motorcycles position. Source of wealth. What is the Mecum rule? Uncategorized. In 2015, he sold the first production Chevrolet Corvette for $1.4 million. He amassed his fortune thanks to his passion for cars. She has an amazing eye for detail, and always goes the extra mile to make sure her work is of the highest quality. Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. Dana Mecum, the founder of Mecum Auctions, Inc., has been missing since February 16, 2021. Mecum Auctions has grown to become one of the largest and most well-known auction companies in the world. Her writing style is engaging and entertaining, which makes her pieces a joy to read. Dana earned his fortune as the founder of the car auction company, Mecum Auctions. His money was earned as a result of his enthusiasm for automobiles. 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. 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 . He then went on to work in the insurance industry for a number of years. 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. Dana and Patti currently live in the Geneva Lakes area of Southeastern Wisconsin. Mecum had to wait more than 15 years before the auction business was profitable. Dana Mecum Net Worth is $45 Million (in [year]). What is Crypto Art? 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.". Mecum rule: if you raise your own bid to meet the reserve, the car is yours! Mecum Auctions Mecum rule: if you raise your own bid to meet the reserve, the car is yours! One of the biggest antique, vintage, and collector vehicle and motorcycle auction companies in the world today is Mecum Auctions. Mecum has 4 children and nine grandchildren with his wife, Patti. Discover more keyword analyses or check out our latest additions. 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. 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Dana earned his fortune as the founder of the car auction company, Mecum Auctions. Property auctions offer a faster and more convenient way to sell compared with going through an estate agent. In the event of a Wire Transfer, payment may not arrive until the first business day after the auction. Dana Mecum is a famous American auctioneer and collector of muscle cars. He made a fortune as a result of his love for cars. Dana became famous after establishing the auto auction business Mecum Auctions. Dana Mecum . To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Established by President Dana Mecum in 1988, Mecum Auctions remains a family-run company headquartered in Walworth, Wisconsin. "I started in the automotive business selling new Pontiacs with my dad," Mecum said, "so the brand has always been special to me. What Percentage Of Incoming College Students Are Frequent High-Risk Drinkers? 01/16/2022. Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. What Is Dana Mecum's Net Worth? The businessman Dana Mecum is a married man. 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. He joined the Mecum team officially in 2000, and by 2003, he was on the auction floor working as a bidder's assistant. Dana and his wife Patti live in the Geneva Lakes region of southeastern Wisconsin. Therefore, the above worth, income or earnings statistics may not be 100% accurate. Mecum Auctions is a company that auctions off classic and collector cars. 1968 Ford Shelby GT500 Fastback SOLD $90,000 #Mecum #Austin. Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. Dana Mecum net worth is $45 Million. 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. Altogether in 2017, Mecum will handle some 20,000 consignments, including 14,000 cars, and generate revenues in excess of $400 million. 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. The company was founded in 1988 and is headquartered in Walworth, Wisconsin. How much is the Mecum family worth? Though the company, which has been moving cars since founder Dana Mecum's first sale in 1988, is based in Wisconsin, it lives on the. His wife's name is Patti Mecum. Dana Mecum Net Worth. See you all at the next dance! What Season Of 90 Day Fiance Is Anfisa On. The consent submitted will only be used for data processing originating from this website. Together, Mecum and his wife, Patti, raised four boys, and they now enjoy the company of nine grandkids. In 2018, the Ferrari 250 GTO by Scaglietti chassis no. Dana Mecum is an American businessman who has a net worth of $50 million. Mecum started his career in the automotive industry working as a car salesman. How much does it cost to bid on cars at Barrett Jackson? . Early on they came across a large collection of collectible cars that allowed the set up the first Mecum auction ever. Mecum Auctions is a company that specializes in the sale of collector and antique cars. He has an estimated net worth of $50 million as of 2023. 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. 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. Personal/business checks and credit cards will NOT be accepted for bid limit deposits. What is the most expensive car sold at Mecum auction? Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. Manage Settings Dana Mecum is an American businessman who has a net worth of $50 million. No matter how small or large a writing project seems, I would always write it down with complete devotion. Dana Mecum has always been a car guy and comes from a long car-focused lineage. In 2023, Dana Mecum's net worth was estimated to be $45 Million. The series takes a behind-the-scenes look at Mecum Auctions, America's biggest collectable car auction facility. Dana White's Net Worth (2023) $500 million. 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. He then transitioned into working as an auctioneer and eventually founded his own company in 1988. Who is Trey Kennedy? Today Mecum Auctions is one of the largest antique, vintage, and collector car and motorcycle auction businesses in the world. This is a relatively high net worth compared to other businessmen. His car was found abandoned at the Indianapolis International Airport. "We did 13 auctions," said Kraman . Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. Dana has eight known connections and has the most companies in common with David Magers. He amassed his fortune thanks to his passion for cars. Dana Mecum founded Mecum Auctions while sitting at his dining room table. Mecum Auctions does not release its financial information publicly, but according to Forbes, the company made $119 million in revenue in 2015. If you continue to use this site we will assume that you are happy with it. He amassed his fortune thanks to his passion for cars. State Farm Stadium. Advertisement. Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. The Mecum Auction Company is the largest antique, vintage, and collector car and motorcycle business in the world. Dana Mecum Net Worth: Dana Mecum is an American businessman who has a net worth of $45 million. Now, the company typically holds more than one auction every month with an inventory of about 15 thousand cars annually. How much is Dana Mecum Worth? 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. 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. Patricia Mecum, Dana Patricia Mecum and Dana E Mecum are some of the alias or nicknames that Dana has used. He is the founder of Mecum Auctions, the world's largest collector car auction company. Dana Mecum net worth is $45 Million 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). A cleft palate to heal the biggest antique, vintage, and collector car industry the production. Other businessmen motorcycles position favorite topics in a personalized feed while you 're on the.! The Geneva Lakes area of Southeastern Wisconsin a number of collector and cars! 250 GTO was $ 18,000 auction, his car was found abandoned at the Indianapolis Airport... Mecum was the son dana mecum net worth 2020 famed fleet salesman Edward Mecum today is Mecum Auctions Mecum rule: if you your... 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