Market Intelligence
Mecum. Is all that glitters gold?
The Mecum auction in Kissimmee, Florida saw the sale of 2,951 cars for a turnover of $224,729,090, with a growth of 11.7% compared to last year. The top lot was a 1992 Ferrari F40 which sold for $3,135,000. Prices were more realistic this year, and buyers were more attentive to prices. The Porsche Carrera GT experienced a drop in prices, while the Chevrolet 454 SS Pick-up set a new record. The cheapest car was a 1996 Volkswagen Golf Harlequin, and a 1962 Lockheed 1329 Jetstar without engine or instrumentation, which was once owned by Elvis Presley, was also sold.
The 4th of January 2023 was a very important date: the Mecum sale in Kissimmee (FL) began on this day and ended on the 15th. This auction is important not only because it’s the first, but it’s also the biggest one of the year. After the records set in 2022 with 2,676 cars sold at a single auction that exceeded $200 million in turnover for the very first time, anything could have happened. This time, 2,951 cars were sold, equivalent to 77.66%, but above all a turnover of $224,729,090 (€207,615,970) with a growth of 11.7% compared to last year, and a higher average price, which passed from $75,178 (€69,455) to $76,154 (€70,355).
<font size="3">Just like being behind the wheel: everything you need to know to fully understand the situation</font>
