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Old 04-14-2012, 07:49 PM
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Mecum California

Did anybody see that California that just sold at the Mecum auto auction in Houston? It was an all option black/tan 2010 with 6000 miles and went for $177,500. Isn't that low? Everyone I've seen has been +$200K!!

I guess when you try to auction these cars, you run the risk of low-balling the sale price...

John
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Old 04-14-2012, 08:33 PM
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I saw the car and also thought it was a very highly optioned car, but I didn't actually see an option list. Also, the car was dark blue (possibly TDF Blue) and not black. The tan qucitera (diamond patern) interior looked really nice.
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Old 04-14-2012, 09:12 PM
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Some of the press cars or demo cars get sold at a discount. But it is a buyers market for exotics.
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Old 04-14-2012, 09:53 PM
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Quote:
Originally Posted by Patrnflyr View Post
Did anybody see that California that just sold at the Mecum auto auction in Houston? It was an all option black/tan 2010 with 6000 miles and went for $177,500. Isn't that low? Everyone I've seen has been +$200K!!

I guess when you try to auction these cars, you run the risk of low-balling the sale price...

John
did that include buyers premium?
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  #5  
Old 04-14-2012, 10:00 PM
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Quote:
Originally Posted by Hawkeye View Post
did that include buyers premium?
I'm with Hawkeye. I saw this car and it did not include the premium. So, that's like adding on the sales commission if he car sold in a dealer.

I didn't think the car was that special. I think it was red/tan, it would have gone higher. Also, if you look at that auction, it was one of the highest bid cars all day. There was not a lot of money there.

In any event, someone probably got a bargain. Personally, I would never buy a car like this at auction. You can't see the records, you can't inspect it, and you can't drive it. That may also have effected the price.
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  #6  
Old 04-16-2012, 07:44 PM
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It was a good deal... Car was optioned well - I have seen plenty of 7-9k mile cars selling for 177-186 all well optioned - all 2010

With the 2013 starting to arrive these cars will take a bigger hit soon
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Old 04-16-2012, 10:58 PM
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so, what was the price with buyers premium (do they have one?)?

Doesn't seem out of line to me fwiw.
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  #8  
Old 04-17-2012, 12:06 PM
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I think 6 percent
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