Thread: Mecum Silliness
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Old 02-01-2021, 10:06 PM
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Jerry H. Jerry H. is offline
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Quote:
Originally Posted by PontiacJim1959 View Post
Mcronk - Just raise your hand when you see the nice shiny car you like.!

My brother was there and likes to attend these events. He told me you can't just get in the audience and raise your hand and bid on a car.

You have to be a car dealer - documented. Then if still interested in bidding, you have to supply a bank account number so the auction people can verify your funds available.

I always thought the bidding was open to anyone. He said nope. This protects the sellers should you get some guy who just wants to bid and then doesn't have the money to back it up and the seller loses the sale. Makes sense. He said you can walk through the areas where the cars are kept to be auctioned, which is like walking through a car show and what he does along with watch the bidding.
Not correct. I've been to several Mecum events as a bidder and I'm not a dealer. As long as you pay the appropriate bidder's fee anyone can bid. If you are not a dealer you will be liable for any sales taxes in your state.

There are 'dealer only' auctions but they mostly deal with late model used cars, not specialty or classic cars.

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