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SPECIAL EVENT (MERENGO, ILL.) - Mecum Collector Car Auction a $15.2 Million Success


PHOTO (select to view enlarged photo)

Mecum sold $15.2 million during its 3-day auction in

Kissimmee, Florida at Osceola Heritage Park . A total of 778 vehicles were offered with 445

cars selling under the hammer January 24-26, 2008. “A 60% auction is a good indicator that the

collector car market beats to its own drum while other markets and industries are currently

adjusting to the recent fluctuation of stocks and oil prices”. Bidder, consignor and

spectator spirit and enthusiasm was high and not dampened by rainy weather.

CEO Dana Mecum remarked, “This year, we did not offer $1 million-$1.5 million vehicles as

during our 2007 Kissimmee sale yet we still sold $15.2 million worth of Muscle and

Corvettes. This shows Mecum’s ability to bring quality cars and strong buyers together in the

Southeast sector of the United States”. Top sales for this auction include; A 1953 Corvette

($238,000.00), a 1965 Chevelle Z16 ($227,000.00), a 1967 Corvette 427/435 Convertible

($188,000.00) and a 1968 Shelby GT 500KR ($155,000.00).

“The top ten sellers at the Kissimmee auction were notably across the board in make and model.

GM, Chrysler and Ford were all strong contenders on the auction block” observes Mecum. “We

truly enjoy sales of this nature which represent a perfect cross-section of car enthusiasts and we

are thrilled to offer a broad mix that satisfies every one of them”. Collector cars purchased at

the Mecum sale represent bidders from around the world. A 1966 Mustang and a 1965

Cobra replica are on their way to Norway and many other cars are being transported to new

owners in Canada.

More The Mecum Auction Company, with corporate headquarters located in Marengo, Illinois, is in

their 21st year of selling collector cars, specializing in Muscle cars and Corvettes. In spring of

2008, Mecum will offer live auction coverage in HD TV on a major cable network and also offer

their 50,000th car for sale at auction.

For More about Mecum or To Register for This Auction: www.mecumauction.com

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