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Generally speaking, Mecum will take anywhere between 10-15% of the selling price as their commission fee. This fee may be higher or lower depending on several factors such as the condition and popularity of the vehicle in question.
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Auction Fees and Prices When you sell a car at an auction, there are a variety of fees that are paid by both the buyer and the seller. Sometimes these fees are included in the reported sale price, and other times they are not.
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1 Photo courtesy of Barrett-Jackson Barrett-Jackson had the most successful collector car auction in the company's 50-year history with 1,857 vehicles sold for over $195.9 million, 1,153 pieces of automobilia for over $7.3 million and a grand total of more than $203.2 million in auction sales.
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An all-event pass covering all nine days of this year's event is $199 for adults; $160 for students, seniors, first responders, and members of the military; and $83 for children 6 to 12. Are There.
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There is a minimum commission of $125 to $650 depending on your motorcycle's position. The commission is 10% of the hammer price if you have a reserve price which applies if you accept the last bid. What is the Mecum rule? Mecum Auctions - Mecum rule: if you raise your own bid to meet the reserve, the car is yours! Advertisement
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At Barrett-Jackson's January 2013 Scottsdale auction, it sold dozens of cars for more than $100,000 each, including a 1947 Talbot-Lago for over $2 million. Last month, an extremely rare Ferrari.
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Why Should I Consign with Barrett-Jackson? Integrity Over 4 decades of industry leading experience Professionalism - treating each person with dignity and respect Trust - we walk the talk
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Barrett-Jackson's Scottsdale auction is one of the world's biggest and most well-known automotive events. Last year it generated $137 million in sales of cars and "automobilia" — things like.
IMG_1201 copy BarrettJackson automobile auction, Scottsda… Flickr
To sell a vehicle at Barrett-Jackson, the consignor is responsible for an entry fee as well as a seller's commission percentage of the hammer price. The entry fee is determined by day and time of your Lot entry and includes display space. How much does Barrett-Jackson cost? All-week pass: $80-$195. VIP packages available.
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How they get paid. Barrett-Jackson earns their money via an 8% seller's premium charged to the seller (consignor) when their car is sold. They also collect a 10% bidder's premium from the buyer once the car sells and 15% on automobilia sales. Can anyone go to Barrett-Jackson auction?
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It reportedly purchased 55 percent of Barrett-Jackson for $261M in a cash and stock deal. Founded in 1971, Barrett-Jackson became the first major classic car auction to hit living room TV screens in the '90s, and its mega-sales billed as "the world's greatest collector car auctions" have hit Florida, Nevada, Connecticut and Texas.
BarrettJackson extends primetime bidding for more topquality vehicles
Barrett-Jackson earns their money via an 8% seller's premium charged to the seller (consignor) when their car is sold. They also collect a 10% bidder's premium from the buyer once the car sells and 15% on automobilia sales.
IMG_1224 copy BarrettJackson automobile auction, Scottsda… Flickr
Be a part of the world's greatest classic car auction. Learn when Barrett-Jackson's next event is and get your tickets today!
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The celebrity-filled Barrett-Jackson Scottsdale Auction on January 11-19, 2020, boasted its largest docket ever, with a record number of bidders vying for over 1,900 vehicles that sold for more.
IMG_1238 copy BarrettJackson automobile auction, Scottsda… Flickr
Photos: Barrett-Jackson. At the January 2013 auction, Barrett-Jackson will offer over 125 quality Corvettes of every generation. In addition they will auction over 1,200 other collector vehicles, from entry level cars to classics valued well in excess of a million dollars. To take advantage of all the extravaganza has to offer requires thorough.