dana mecum's wife

1965 Shelby 289 Cobra CSX2588. The businessman is alive and healthy. Mecum is offering up eight of his Pontiac GTOs ranging from the 1964 through 1970 model years, including some rare and highly coveted examples. He said he had one for me. As Chris Harris from Top Gear once said, there are far too many tasteless rich people for it not to exist. Manage Settings The 1968 Bullitt Mustang sells for $3,740,000 at Mecum Kissimmeeures the crown for most valuable Ford Mustang in the world. Number two: a 1967 Shelby GT500 Super Snake that sold for $2.2 million. Lot F120. Lot F140. | He has been married for many years, and his wife has always been very supportive. The business is going to grow and change. We'll be in your inbox every morning Monday-Saturday with all the days top business news, inspiring stories, best advice and exclusive reporting from Entrepreneur. WebDana Mecum is known for Mecum Dealmakers (2014), Mecum Auto Auctions: Muscle Cars & More (2008) and Chasing Classic Cars (2008). I said, Hell, we might as well have another auction. There was no business planit was just survival. For 15 years, Mecum soldiered on without making a profit, plowing his earnings from another automobile business into the auction company to keep it afloat. Dana Mecum Death - Obituary - Dead - Cause of Death News . Franks reported annual income is about $100 149,999; with a net worth that tops $100,000 Its owned by American We welcome all corrections and feedback using the button below. My wife asked me what I was going to do. We began to shop our plans around to state and local health officials, governors, mayors and venue managers. The consent submitted will only be used for data processing originating from this website. Al Gordon was the first person to drive the car back in 1934. If you buy quality and pay too much, the price will catch up and you will either make money long term or at least get your money back. Accurately described by one commenter as the greatest Porsche ever made. Magers, a former insurance executive, But the crown jewel of the Osceola Heritage Park is the annual Mecum Auction, scheduled for January 212, 2020. 4 How much did the Bullitt Mustang sell for at Mecum auction? Dana Mecum's GTOs. Pontiac Aztek. Menu. She was born Sept. 14, 1932, in Monmouth, Illinois, to the late Harry and Winifred Numbers. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. As a result, our business expanded significantly in the last two years, helping us to achieve many event records and a world record for the most sales in one year by a collector car company and the most sales at a single collector car auction. Weve got nine grandkids, and we like to go places. Frank says they bolstered absentee sales through the new internet system, adding more tech staff and beefing up online descriptions. His money was earned as a result of his enthusiasm for automobiles. The NBC Sports deal, which was recently re-upped through 2024, includes airings on the Sky network in the United Kingdom and Europe, as well as on NBC here. Im 63 now. Its important to have a crowd [at an auction], whether theyre bidders or just attendees. Dana Mecum, the American businessman and creator of Mecum Auctions, has been the subject of significant conjecture in recent years. His company auctions more collectible autos than any other in the world at 14 annual events across the U.S., including a monster 3,000-car, 10-day, $100 million extravaganza each January in Kissimmee, Florida. Mecums sell-through is typically 65 to 70 percent; it was 72 percent at the 2019 Mecum Kissimmee, with a total of $107.5 million changing hands. A nice 1962 Ford Fairlane once owned by NASCAR star Bill Elliott, and used in a TV commercial for NAPA with Elliott, son Chase and Dale Earnhardt Jr.? They say I have to go back to ticketing and come through security again. Dana Mecum is currently 67 years old in the year 2021. More importantly, we were able to demonstrate that it could be done safely. Although Mecum was one of the largest in the collector car auction business, it was not the most recognizable brand. Send us a note: [email protected]. I like to tell my staff, "Even the Constitution has 27 amendments." The Indianapolis 33rd Original Spring Classic, previously the largest Mecum auction, 2000vehicles. Lot F89. AMC Gremlin. Buyers pay a 5% fee on top of the final sale price to BaT, with a minimum of $250, and capped at $5,000. You Tell Us: How Do You Value the Bullitt Mustang, Something Thats One of One? Just look back at the 2019 event for a taste. Subscribe to us to get the latest updates About Dana! Mecum itself has been the largest auto auction company since 2011. The auctions are also normally televised on NBC Sports Network. And evidently, Mecum's fondness for GTOs hasn't faded much over the years. We get to a lot of business we wouldnt otherwise get because of the time factor. Continue with Recommended Cookies, Your email address will not be published. Jan 29, 2021. "You can never go wrong doing the right thing." Related: His Drive to Help His Wife Fight a Disease Led to the Launch of a Health and Wellness Business. The premier entry is the Highland Green 1967 Ford Mustang GT driven by Steve McQueen in the film Bullitt, one of two cars used in the filming. I live by several. The Ultra couldnt make trips to the West Coast without stopping for fuel. Here is the full Bio/Wiki of Mecum, his family/ mother/ father/ brother name, age, height in feet, weight, body measurements, interests/hobbies, girlfriends, wife, spouse, cars, property, bikes, address, email, house, hometown, ethnicity, hometown, birthplace, parents, achievements, phone number, school, his Twitter, Facebook, Instagram, earning /income/net worth, birthday, zodiac sign, education, caste, religion, Date Of Birth. Yes, everybody in business likes to make a profit, but for an entrepreneur, I don't think that is top of mind. Jan 11th 2021 at 5:45PM. Even if the guy you take with you knows nothing about cars, it helps to have someone who is on your side and you can talk to. Position: Founder/president, Mecum Auctions, Transportation: 1999 Cessna Citation Excel. His father was the largest fleet dealer in the U.S. at one time. Now, the company typically holds more than one auction every month with an inventory of about 15 thousand cars annually. Generally, the seller pays this fee, which is used to cover the preparation of the HOA paperwork and the registration of the new buyer as the owner of the property. Ford Scorpio mk2. Now theyre down to a delay of only 1.5 seconds. WebDana Mecum's house Lake Geneva, Wisconsin (WI), US Like Tweet Share Pin Dana Mecum is the CEO of Mecum Auctions, one of the industrys most well-known collector car auction companies. He amassed his fortune thanks to his passion for cars. My first one was a Rex Mays Gilmore Special that was on the pole at Indy in 1935 and 1936. The company is headquartered in Walworth, Wisconsin, and is tops in the world for the number of collector cars offered at auctions, the number of collector cars sold at auctions, and the host of the largest collector car auction, which takes place every year in Florida. Value depends on desirability, quality, and then rarity and who owned the car. And theres still another office that deals with transportation. Of course, with tremendous growth comes growing pains. [CEO] Dave Magers spent 37 years at Country Financial, and he has the financial background we needed. Hyundai. Access your favorite topics in a personalized feed while you're on the go. Dana is the president and founder of Mecum Auctions, launching the company from his kitchen table with the help of his wife Patti and a few close friends back in 1988. The number currently linked to Frank is (319) 524-6331 (Qwest Corp). The Staff of Entrepreneur Media, Inc. The fact that it is broadcast on TV means its even more important that theyre showing the world they have a good program and theyre enforcing it, Mecum Director of Company Relations and TV Commentator John Kramer told me on the phone. They have four boys, all of whom are active Mecum team members. We were ready to shift gears and move to a mobile company on the fly.. 8 Budweiser Chevrolet Impala NASCAR ride, which sold for $39,600, and had $210,400 remaining to spend on neon signs and hot dogs. And I dont have to fly the chicken and pig express [the airlines]. The journey to get here was anything from straightforward. Finally, my wife, We now have limitless entertainment [revenue potential] if we can learn to harness it. What made you decide to buy the Ultra? It is one of just 12 produced in 1971 and one of only three equipped with the factory A833 4-speed manual transmission. That one is going to bring more money. But if you do want a new ride, or a new project, come to Mecum Kissimmee on Thursday, January 2, and youll see some bargains cross the block with either low or no reserve. How has the plane enhanced your bottom line? Second Ferrari on the list already. WebDana Mecum's house. Today Mecum Auctions is one of the largest antique, vintage, and collector car and motorcycle auction businesses in the world. The selection of cars eight Pontiac GTOs spanning from 1964 to 1970 will cross the auction block at Mecum's Indianapolis sale from July 10 through July 18. Dana, a businessman, is married. 2023 WikiBiography.in | All Rights Reserved, Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on Tumblr (Opens in new window), Click to share on Pinterest (Opens in new window), Click to share on Telegram (Opens in new window), Click to share on Skype (Opens in new window). How important has television been to the business? Mecumwho runs the Wisconsin-based, 300-plus-employee business with his wife, Patti, four sons, and CEO Over the course of two months, the senior management staff developed a strategy, changed processes and developed an 11-page safety protocol plan to allow us to safely return to live event auctions with in-person buyers and sellers. Take a closer look at the cars below. Mecum and his wife, Patti, have four kids and nine grandchildren. And thanks to David Morton, manager of communications and event marketing for Mecum, nothing and no one was off limits. He has now turned the company into a thriving enterprise through patience and great enthusiasm for the industry. So you got over your concerns about the economics of aircraft ownership? (Answers have been edited and condensed for clarity.). The point being is that you will never get it exactly perfect the first time. How many deaths are caused by flu each year. His wifes name isPattiMecum. His money was earned as a result of his enthusiasm for automobiles. Which, incidentally, he did. The full TV crew wont be there for the whole auction, but it will be there to host the broadcast live on NBC Sports Networkto ratings significantly higher than when coverage aired on the now-defunct Velocity network before 2014. Mecum was the son of Edward Mecum, a well-known fleet dealer. But it grew. Mecum Auctions, based in Walworth, Wisconsin, which is southwest of Milwaukee, got its start with a small event at an airport in 1988. A good example is Duesenbergs. Fortunately, the company made a big investment in its online auction platform in January, which turned out to be a saving grace. In the top 10 was a 1930 Duesenbergyes, Mecum does have some true vintage classicsand a 1954 Chrisman Bonneville Hemi Coupewhich, in 1954, ran 196 mph at Bonneville, and was featured on the cover ofHot Rodmagazine. However, it is false news and the businessman is still alive. Theyre here for the entertainment. The 2015 Mustang had a total of seven recalls placed on it. After the death obituary of Danas friend Bill Grams, some internet sites also stated the death of the auction enterprise owner Dana Mecum. The average Barrett-Jackson Auction salary ranges from approximately $47, for Consignment Specialist to $117, for Software Developer. They are driven by their passion. Rock-and-roll legend Jerry Lee Lewis consigned a 57 Harley-Davidson that was given to him by the motorcycle manufacturer. Dana and Patti live in Southeastern Wisconsins Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. Mecums net wealth is largely derived from his car auction enterprise, Mecum Auction. The big tell that the GT500 wins the horsepower war is the trap speed at the end of the race, where the GT500 will be going in excess of 130 mph; the fastest GT350 weve tested was traveling 119.6 mph. Mecum Auctions also has the most auction sites in the United States, and does the highest volume of sales domestically of all car auction companies. Save my name, email, and website in this browser for the next time I comment. Why is Mecum Kissimmee so big? My boss at my first job, when I was 15 years old, would respond to questions this way. Some customers go through the Mecum Financial Services process, available online atmecum.com, and apply in advance for a loan of up to $250,000. What is the buyers fee at Barrett Jackson? If you arent a Gold member (which costs $500), you need to provide a credit card for a $500 authorization hold. Vehicles must be paid for, typically within an hour of the sale, in cash, wire transfer or check. There are no other seller fees on BaT. A 2004 Porsche Boxster for $6600? The top sold car at the 2019 event was a Ferraria 2014 LaFerrari that went for a healthy $3.3 million. Would you sign his badge? Mecum cheerfully obliges. How much money does Mecum The other thing is that now we have two business models. Or a flawless 2005 Mercedes-Benz SLK55 convertible for $12,100? Mecum Auctions, which has been in business for over 25 years, had its inaugural auction in 1988 at the Rockford Airport. Then I had a flight from OHare. | Never miss an article, [Editor's Note: This article originally ran in the January 2020 issue of Classic Motorsports and references events that have alreadyhappened.]. So thats a challenge going forward. It unfortunately ended in disaster when the auction was hit by a freak storm that included 90mph winds. Its three hours before show time at the Schaumburg, Illinois Convention Center. Rolls Royce Cullinan. Unlike her ever-popular other half, Julia avoids the internet and social media; nothing is known about her life outside her marriage. 1954 Kurtis 500S Roadster. After all, getting into car and taking a drive is a highly-recommended break from the real world right now. Ive told the other consignment guys, if they have a quick deal and other things to do, use the plane. We built a new stage and TV set. The 2020 Mecum Kissimmee auction will sell cars for 11 straight days. Your credit or equity facilities need to have the capacity to be just as fluid. Houston, 1000. 1952 Allard J2 Roadster. Finally, my wife, Karen, and I have always lived by the motto, "Leave it better than you found it." Everything is a work in progress, and there is always room to improve. There was also a 1955 Imperial convertible, a 1963 Chevrolet Corvette Z06 and a 2005 Ford GTMecum Kissimmees top 10 were all over the place and in no way suggested any sort of identifiable trend. Bidding reached a sobering $10 million, but that didnt match the reserve. Growth requires change, and change is difficult for people. Honda. Now when I get ready to come home Im coming home. It took Mecum over 15 years without seeing a profit to find success with the auction company. I used to have Corvettes and muscle cars, because those are the cars I was driving when I was a kid. We try to adhere to that in both our professional careers and our personal lives. WebDana Mecum Net Worth 2023: Wiki Biography, Married, Family, Measurements, Height, Salary, Relationships Edward Norton 1,240 Less than a minute Dana Mecum net worth Its one of the best decisions Ive ever made. The recession put a lot of those people out of business. Share. In June 2018, the 1964 Ferrari 250 GTO became the most expensive car in history, setting an all-time record selling price of $70 million. The other thing is come to an auction [before buying] and practice bid in your mind. I didnt know anything about trucks so I traded 10 of them for four rental houses. Nissan Juke. How much does Barrett-Jackson Auction pay per year? There is one exception to the dress code: president Dana Mecum. Other annual events include a massive $100 million extravaganza each January in Kissimmee, Florida, which lasts for 10 days and boasts 3,000 cars on show. Among many other things, we moved our TV programming to NBCSN to extend our reach to viewers outside of the traditional, hardcore car people. More >. The mountain declined to move. So we are going to have a lot of inventory, but are we going to have enough of the kind of inventory the crowd supports as it ages? Mecum and his wife, Patti, have four sons together and nine grandchildren. Mecum and his wife, Patti, are the parents of four kids. As for commission, the lowest rate is 6% of the sale price if there is no reserve; Mecum, like all auction houses, prefers the no-reserve route. Coupled with over-communication and extensive training, we have been able to avoid much of the resistance to change normally experienced in an established organization. How much did the Bullitt Mustang sell for at Mecum auction? Money isnt as important as quality of life. His father had a Pontiac dealership in Marengo, Illinois and later resold Avis rental cars, becoming the nations largest fleet dealer before getting wiped out by high interest rates in the 1980s and later recovering. An example of data being processed may be a unique identifier stored in a cookie. WebMecum Auctions is an American auction company specializing in collector cars. But, some of the purists sniff, so much of what the company markets is comparatively pedestrian stuffChevrolet Camaros, Ford Mustangs, Chevy Corvettes, a variety of, for goodness sake,pickup trucksasopposed to the rarefied air surrounding, say, a Gooding & Company auction populated by Bugattis, Mercedes-Benz Gullwings and the occasional Isotta Fraschini Tipo IM. I loved the romance and the history about them, and I really liked the fact that customers werent always wanting my car. Notify me of follow-up comments by email. Dana and Patti presently reside in Southeastern Wisconsins Geneva Lakes region. Get that, and you could have bought Dale Earnhardt Jr.s track-ready 2007 No. Dana Mecum, the founder and president of Mecum Auctions, is selling off a handful of stunning, low-mileage muscle cars from his personal collection next month. However, the businessman has yet to reveal any information regarding his actual birthdate. 5 How much do Barrett-Jackson Auctioneers make? The auction house competes with Barrett Jackson, but If they are, its easier to get them to a decision. When did you start flying privately? Born in Monmouth, Illinois, in 1954, Dana Mecum was the son of famed fleet salesman Edward Mecum. Nine out of 10 attendees will not bid; rather, they come just to ogle at precious metal and recall a youth long past. We think entertainment can be 25 times the size of our regular business. His enthusiasm for automobile collectibles and muscle cars inspired him to start Mecum Auto Auction, which is presently broadcast on Discovery HD Theater. So a lot of mind games go on. So I learned a great lesson from that. Personal: Lives in Lake Geneva, Wisconsin, with wife Patti. McKim was generally believed to have passed away in March 2020. The commission is 10% of the hammer price if you have a reserve price which applies if you accept the last bid. Muscle Car City Mecum Auction 01. And on January 10, the company auctioned off one of two 1968 Ford Mustang GT fastbacks Steve McQueen drove in the movie Bullitt. It was founded by Dana Mecum in 1988, and was originally based in Marengo, Illinois. There is a minimum commission of $125 to $650 depending on your motorcycles position. Theres another desk that researches titles. Patti Mecum is his wifes name. 1970 Dodge Challenger R/T Convertible Pilot Car. Kraman hired on with Mecum in 2006 to help Dana take the company to the next level, he said. They have four Mecum was in the middle of an auction at State Farm Stadium in Glendale, Arizona, in March of 2020 when the world came to an abrupt stop. So enjoy what you are buying and know something about it. I got a Citation Ultra in 2011 and moved up to an Excel in 2015. Seeing as his father owned a Pontiac dealership, GTOs have been a part of Mecum's life since he was a kid. We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2023. Bad Weather Won't Ruin Your Vacation Anymore , Retirees Are Earning Up to $20,000 Per Month With. by Spencer Johnson many years ago during my career in the financial services sector. 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Mecums net worth is primarily generated from his Mecum Auction vehicle auction business. While touring Mecums temporary office at Osceola Heritage Parkall their offices are temporary, breaking down, moving, then being reconstructed at the next venuetheres a sense that everything has been streamlined to the maximum. $19,250. Who bought the Bullitt Mustang at the Mecum auction? Subaru. Mecum Auctions also boasts the most auction locations in the United States and the largest number of sales of any automobile auction company in the United States. Dana and Patti reside in the Geneva Lakes area of Southeastern Wisconsin. In todays marketplace, the restorer comes into it as well. Mecum remains a family-owned company with Dana, Patti and their four sons all actively filling roles in the company today. 7 Did Steve McQueen drive the car in bullet? She was born September 14, 1932, in Monmouth, IL, to the late Harry and Winifred Numbers. Edward Mecum became the nation's largest fleet dealer until the 1980s, when high-interest rates temporarily wiped out his business. In Kissimmee, Florida, there are no mountains, with the possible exception of Space Mountain and a few other manmade structures at nearby Walt Disney World. 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Most Reliable Cars that Wont Break the Bank Toyota. Dana Mecum is not available on any social media platforms to date.

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