Alabama Daytona

[mpd659]

Does anyone know the auction results of the Alabama Daytona from the mecum auto auction in kissimmee florida? It was the red Daytona that needed restoration.



Russ

[hemigeno]

http://www.dodgecharger.com/forum/index.php/topic,120903.msg1517406.html#msg1517406

[mpd659]

 Thanks hemigeno!!!

[hemigeno]

No problem

[nascarxx29]

Seen on facebook car was bought at 115K sold at auction for 89K

[Moparpoolman]

https://www.mecum.com/lot-detail/FL0116-229950/0/1969-Dodge-Daytona/Automatic/

sign up to log in, only need to give up email address and you will be able to see sold amounts

this sold for $90000 plus commission I think Mecum is 5 or 6 % for buyer and 5 or 6% for seller.  So seller got $84600 @6% or $85500@5% and the buyer paid $95400 or $94500.

[Charger_Fan]

https://www.mecum.com/lot-detail/FL0116-229950/0/1969-Dodge-Daytona/Automatic/

sign up to log in, only need to give up email address and you will be able to see sold amounts

this sold for $90000 plus commission I think Mecum is 5 or 6 % for buyer and 5 or 6% for seller.  So seller got $84600 @6% or $85500@5% and the buyer paid $95400 or $94500.

Dang, these auto auctions have quite a lucrative thing going on! I didn't know the fees were that high. Once again, I see I'm in the wrong business.

[Moparpoolman]

https://www.mecum.com/lot-detail/FL0116-229950/0/1969-Dodge-Daytona/Automatic/

sign up to log in, only need to give up email address and you will be able to see sold amounts

this sold for $90000 plus commission I think Mecum is 5 or 6 % for buyer and 5 or 6% for seller.  So seller got $84600 @6% or $85500@5% and the buyer paid $95400 or $94500.

Dang, these auto auctions have quite a lucrative thing going on! I didn't know the fees were that high. Once again, I see I'm in the wrong business.

That's cheap, Barret Jackson is 10% to buyer and 10% to seller.  They make 20% on every car.

[Aero426]

Mecum's sellers commission is two tiered.  For their upcoming auction in Indy, You pay a 10% percent with a reserve,  or 5% without.     You also pay an entry fee from $350 to $1500 depending on what day and what time the car runs, and whether it is a star car in the catalog.   

[jonw29]

https://www.mecum.com/lot-detail/FL0116-229950/0/1969-Dodge-Daytona/Automatic/

sign up to log in, only need to give up email address and you will be able to see sold amounts

this sold for $90000 plus commission I think Mecum is 5 or 6 % for buyer and 5 or 6% for seller.  So seller got $84600 @6% or $85500@5% and the buyer paid $95400 or $94500.

Dang, these auto auctions have quite a lucrative thing going on! I didn't know the fees were that high. Once again, I see I'm in the wrong business.

That's cheap, Barret Jackson is 10% to buyer and 10% to seller.  They make 20% on every car.

They have gone up.When I sold my Talladega the buyer paid %10 and the seller paid %8.

[Charger_Fan]

https://www.mecum.com/lot-detail/FL0116-229950/0/1969-Dodge-Daytona/Automatic/

sign up to log in, only need to give up email address and you will be able to see sold amounts

this sold for $90000 plus commission I think Mecum is 5 or 6 % for buyer and 5 or 6% for seller.  So seller got $84600 @6% or $85500@5% and the buyer paid $95400 or $94500.

Dang, these auto auctions have quite a lucrative thing going on! I didn't know the fees were that high. Once again, I see I'm in the wrong business.

That's cheap, Barret Jackson is 10% to buyer and 10% to seller.  They make 20% on every car.

They have gone up.When I sold my Talladega the buyer paid %10 and the seller paid %8.

I am most definitely in the wrong biz!

[wingcarenvy]

Barrett Jackson, Mecum, and Russo Steele all charge 10% for the buyer. The seller fees vary from 5% (no reserve) to 10% depending which auction.

[Moparpoolman]

https://www.mecum.com/lot-detail/FL0116-229950/0/1969-Dodge-Daytona/Automatic/

sign up to log in, only need to give up email address and you will be able to see sold amounts

this sold for $90000 plus commission I think Mecum is 5 or 6 % for buyer and 5 or 6% for seller.  So seller got $84600 @6% or $85500@5% and the buyer paid $95400 or $94500.

The commissions must have changed,my bad.  But I just looked and a buyer does pay 10% so $99000 in this case and the seller pays 10% for a reserve auction, in this case seller would get $81,000 before expenses.  
Here' a link to buyer commissions:
https://www.mecum.com/how-to-bid/buyer-premium.cfm
The seller commissions are listed in the "position request form" area found here:
https://www.mecum.com/how-to-sell/
sorry for the confusion