CRO Champ Experiences Mecum:
It is Thursday morning and people are starting to line up for the first day of the Mecum Auction in Harrisburg, PA. After receiving my VIP pass, I venture inside and go straight to the 303®/STA-BIL® booth. I am blown away by the display—it is truly fantastic. It has displays of products in view for participants to check out. I then proceeded to check out the vehicles that will roll over the auction block over the next three days. These vehicles are sectioned off by the day they will be sold. Thursdays cars and trucks start outside under the tent. I traversed up and down the aisles checking each one out and taking photos. The bidders are sectioned in front of the stage so they get the best look at each vehicle as they come up for sale. I was surprised how reasonable a price some of the cars went for on Thursday.
What a difference a day makes. On Friday, the quality of the cars and trucks improved and that was illustrated in the bids being higher than Thursday’s. Of the vehicles that I watched pass over the auction block, I noticed that the Muscle cars averaged $37,000; Classics and Antiques averaged $34,500; Trucks averaged $22,000; Hot Rods averaged $34,000, and Luxury & Foreign cars averaged $20,500. I continued walking around and taking photos of my favorites. I looked forward to the last day when the “cream of the crop” rises to the top.
“The sky is the limit” is a phrase that applies to the last day of Mecum Auctions. It seemed that more people were present to see the best of what was to come. I noticed that the average price of all categories climbed higher today. Muscle cars increased by $22,000, Trucks jumped up more than $10,000, Hot Rods went up $9,000 more, Luxury & Foreign cars jumped up $30,000. The Classics and Antiques fell slightly to $30,000 on average. Some bargains that I noticed were a 1964 Chevrolet Corsair that went for $6,000, a 1965 Ford Mustang for $7,500, a 1965 Cadillac for $4,000, and a 1995 Chevy Camaro Z28 for $6,000. Two 1970 Ford Mustang Boss 429 Fastbacks went for $22,000 each. The 2005 Ford GT hit the ceiling at $260,000. After 4 PM, the crowds started to dwindle and the balance of the cars neared the auction block. This gave me an opportunity to check in with the Gold Eagle representatives again. Most of the products were gone and I think they were looking forward to being able to pack up everything and finally relax. These guys worked hard all weekend.
As the weekend came to a close, I relished this opportunity to experience Mecum Auctions. This was the first time that I went to an auction live. It was quite the experience and I realized that I may have been able to actually afford one of these beautiful “rides”. As I wandered around the venue, you could always see advertisements for 303® and STA-BIL®. This seemed to be a great partnership and the quality of the detailing using 303® Products was evident. They looked their very best. Everyone who has a chance should try to make it out to a Mecum auction!
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