{"version":"1.0.0","episode":{"title":"#342 Bid Smart: Insider Tips for Buying and Selling Cars at Auction","url":"http://getcarcurious.com/episodes/342-bid-smart-insider-tips-for-buying-and-selling-cars-at-auction","audioUrl":"https://media.blubrry.com/wrenchnation/content.blubrry.com/wrenchnation/WN_Episode_367_Expert_Tips_for_Collectors_and_Sellers_with_Mecum_Auctions_Director_of_Consignments_David_Purdy.mp3","description":"\n \n \nMecum Auctions Coming to Glendale: Inside the Collector Car Market with David Purvis\nWe recently welcomed special guest David Purvis to the show to talk about the excitement surrounding the upcoming Mecum Glendale 2026 event coming to Glendale.\nDavid’s passion for collector cars began early, attending classic car auctions with his father—who was a regular participant at Mecum Auctions dating back to its second-ever sale. That lifelong connection to the hobby eventually led David to join Mecum in 2010, where he began working at the fast-paced “Bid Goes On®” desk, gaining firsthand experience in the energy and excitement of live collector car auctions.\nIn 2011, David moved into a full-time role as a consignment agent, quickly becoming a trusted advisor for collectors looking to buy or sell vehicles at auction. His dedication and leadership earned him a promotion to Director of Consignment in 2023.\nToday, David oversees Mecum’s team of consignment agents within the classic and collector car division, working alongside Frank Mecum. Over the years, he has built strong relationships with collectors by focusing on trust, transparency, and delivering successful auction results.\nBeyond vehicles, David has also helped bring several significant Road Art® collections to auction, assisting consignors in showcasing and selling rare automotive memorabilia.\nDuring our conversation, David also shared insights into what collectors and enthusiasts can expect at the upcoming Glendale auction—from standout consignments to tips for buyers and sellers looking to participate in one of the most exciting collector car events in the Southwest."},"annotations":[{"startTime":172.5,"endTime":181.5,"type":"concept","title":"vinyl records","url":"/glossary/vinyl-records","quote":"And that is really how younger generations are reacting with physical media, i.e. vinyl records. Hey, are you buying? I mean, do you have a little turn to buy?","canonicalId":"concept:vinyl-records","priority":0.5,"confidence":0.95,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Vinyl records are physical music media that have seen a resurgence in popularity, especially among younger generations, as a nostalgic and tangible alternative to digital music formats.","simplifiedExplanation":"Vinyl records are old-fashioned music discs that people are buying again because they like having music you can hold and play on a record player, instead of just using phones or computers."}},{"startTime":188.6,"endTime":192.3,"type":"concept","title":"digital burnout","url":"/glossary/digital-burnout","quote":"I think that's cool, because I think there's some digital burnout. And over the years on the show, I've been talking about that.","canonicalId":"concept:digital-burnout","priority":0.5,"confidence":0.95,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Digital burnout refers to the fatigue and overload people feel from constant exposure to digital devices and media, leading some to seek more analog or physical experiences.","simplifiedExplanation":"Digital burnout means feeling tired or overwhelmed from using phones, computers, and other digital stuff too much, so people want to do things that don't involve screens."}},{"startTime":207.1,"endTime":210.7,"type":"concept","title":"muscle cars","url":"/glossary/muscle-car","quote":"Now, I just wish that we'd have a little bit of some EV burnout. Go back to the 60s and 70s muscle cars, please. Ah, look at you. You get all excited.","canonicalId":"concept:muscle-car","priority":0.9,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Muscle cars are high-performance American cars from the 1960s and 1970s known for powerful V8 engines, aggressive styling, and affordable prices, often celebrated for their cultural significance and driving experience.","simplifiedExplanation":"Muscle cars are big, fast American cars from the 1960s and 1970s that have strong engines and cool looks. Many people love them because they are fun to drive and have a special place in car history."}},{"startTime":449.5,"endTime":450.1,"type":"concept","title":"car auction","url":"/glossary/car-auction","quote":"\"It's a car auction. Gotta love Meekum. But I'm going to bring this story closer to you. You're going to feel this.\"","canonicalId":"concept:car-auction","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"A car auction is an event where vehicles are sold to the highest bidder, often including classic, collector, and project cars. Auctions can be public or dealer-only and are popular for finding unique or rare vehicles.","simplifiedExplanation":"A car auction is like a big sale where people bid money to buy cars. The person who offers the most money gets to buy the car."}},{"startTime":467.2,"endTime":470.9,"type":"brand","title":"Peterson Museum","url":"/glossary/peterson-museum","quote":"\"The Peterson Museum out of LA. Some of you been out there. In fact, I'll be out in LA this weekend.\"","canonicalId":"brand:peterson-museum","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"The Peterson Automotive Museum in Los Angeles is a renowned museum dedicated to the history and culture of automobiles. It features exhibits on classic cars, hot rods, racing, and automotive design.","simplifiedExplanation":"The Peterson Museum is a place in Los Angeles where you can see many cool cars and learn about their history."}},{"startTime":483.4,"endTime":488.9,"type":"concept","title":"hot rod","url":"/glossary/hot-rod","quote":"\"But the Peterson Museum at Meekum Glendale, March 17th to the 21st, they're bringing together a whole hot rod roundup. What does that mean?\"","canonicalId":"concept:hot-rod","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"A hot rod is a classic American car, typically from the 1920s to 1950s, modified for increased performance and distinctive style. Hot rods often have custom engines, suspension, and bodywork, reflecting car culture and history.","simplifiedExplanation":"A hot rod is an old car that people change to make it faster and look cooler. It's a popular hobby for car fans."}},{"startTime":574.38,"endTime":581.74,"type":"car","title":"Gmc Sierras","url":"/cars/gmc/sierra-ev","image":"https://upload.wikimedia.org/wikipedia/commons/d/db/2024_GMC_Sierra_EV_Denali_front_view.jpg","quote":"Six players drove custom GMC Sierra's EVs, I believe, each equipped with built-in tee box inside the bed through rugged Western terrain and mountains.","canonicalId":"car:gmc:sierra-ev","priority":0.5,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"The GMC Sierra EV is an all-electric version of GMC's popular Sierra pickup truck, combining traditional truck utility with electric vehicle technology. It features a fully electric powertrain and modern amenities while maintaining the ruggedness expected from a Sierra.","simplifiedExplanation":"The GMC Sierra EV is a pickup truck that runs on electricity instead of gas. It can do tough jobs like a regular truck but uses batteries to move.","imageAttribution":"Deathpallie325 (CC BY-SA 4.0)"}},{"startTime":649.4399999999999,"endTime":652.0,"type":"car","title":"Nissan Not Nissan","url":"/cars/nissan/note","image":"https://upload.wikimedia.org/wikipedia/commons/c/cb/2014-2016_Nissan_Note_X.jpg","quote":"...hese Madison Avenue  big shots and figure out why not Nissan?  Why not Toyota?","canonicalId":"car:nissan:note","priority":0.5,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"The Nissan Note is a compact hatchback designed for efficient urban transportation, offering practicality and good fuel economy. It is popular in many markets for its spacious interior relative to its small footprint. The Note is often mentioned in discussions about affordable and reliable city cars.","simplifiedExplanation":"The Nissan Note is a small car made by Nissan that is easy to drive in cities. It has enough space inside for people and things and uses fuel efficiently. Many people buy it because it is practical and reliable.","imageAttribution":"TTTNIS (CC0)"}},{"startTime":696.8,"endTime":702.2,"type":"concept","title":"national vehicle safety recall week","url":"/glossary/national-vehicle-safety-recall-week","quote":"You can tell your family this week with your birthday, March 2nd through the eighth is national vehicle safety recall week. If you got a car, you may have a recall.","canonicalId":"concept:national-vehicle-safety-recall-week","priority":0.9,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"National vehicle safety recall week is an annual event where the government and safety organizations remind car owners to check if their vehicles have any outstanding safety recalls. Recalls are issued when a vehicle or part is found to have a safety-related defect that needs to be repaired or replaced, often free of charge.","simplifiedExplanation":"Every year, there's a special week to remind people to check if their car has any safety problems that need fixing. If your car has a recall, the manufacturer will fix it for free to keep you safe."}},{"startTime":841.4,"endTime":844.0,"type":"concept","title":"car payment","url":"/glossary/car-payment","quote":"Be careful. What are your options? Do you want to use car payment? Do you want a new car payment? So it's not always my car is not worth it...","canonicalId":"concept:car-payment","priority":0.5,"confidence":0.95,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"A car payment is the monthly amount a buyer pays to a lender or dealership when financing a vehicle purchase. It includes principal and interest over the loan term and affects overall vehicle affordability.","simplifiedExplanation":"If you buy a car with a loan, you usually pay a set amount every month called a car payment. This is money you pay back to the bank or dealer until the car is fully paid off."}},{"startTime":856.7,"endTime":868.2,"type":"concept","title":"auto sales statistics","url":"/glossary/auto-sales-statistics","quote":"Looking actually at an estimate of auto sales statistics. From what I'm finding, the US auto sales are projected to dip 15.8 million units in 2026, marking an annual decline since 2022 due to high vehicle prices and consumer demand.","canonicalId":"concept:auto-sales-statistics","priority":0.5,"confidence":0.95,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Auto sales statistics track the number of vehicles sold within a market or region over a specific time. They help understand trends like demand, pricing, and economic impact on the automotive industry.","simplifiedExplanation":"Auto sales statistics show how many cars are sold in a country or area. They help people see if more or fewer cars are being bought over time."}},{"startTime":898.0,"endTime":898.5,"type":"brand","title":"Ford","url":"/glossary/ford","quote":"There's been a volume drop across the board where there's Ford, Subaru, Mazda.","canonicalId":"brand:ford","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Ford is a major American automotive manufacturer known for producing a wide range of vehicles including trucks, SUVs, and passenger cars.","simplifiedExplanation":"Ford is a big car company from the US that makes many types of cars and trucks you might see on the road."}},{"startTime":898.0,"endTime":898.5,"type":"brand","title":"Subaru","url":"/glossary/subaru","quote":"There's been a volume drop across the board where there's Ford, Subaru, Mazda.","canonicalId":"brand:subaru","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Subaru is a Japanese car manufacturer famous for its use of all-wheel drive and boxer engines in many of its models.","simplifiedExplanation":"Subaru is a car company from Japan that makes cars with special engines and all-wheel drive to help with driving in bad weather."}},{"startTime":898.0,"endTime":898.5,"type":"brand","title":"Mazda","url":"/glossary/mazda","quote":"There's been a volume drop across the board where there's Ford, Subaru, Mazda.","canonicalId":"brand:mazda","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Mazda is a Japanese automaker known for its sporty, fun-to-drive cars and innovative engine technology like the rotary engine.","simplifiedExplanation":"Mazda is a Japanese car company that makes cars that are fun to drive and sometimes use special engines."}},{"startTime":902.8,"endTime":903.5,"type":"brand","title":"Hyundai","url":"/glossary/hyundai","quote":"Hyundai. Hyundai, although Hyundai I'm excited about. I think Hyundai's got some really cool incentives.","canonicalId":"brand:hyundai","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Hyundai is a South Korean automotive manufacturer known for offering vehicles with strong warranties and competitive pricing.","simplifiedExplanation":"Hyundai is a car company from South Korea that sells cars with good warranties and prices."}},{"startTime":906.1,"endTime":909.2,"type":"concept","title":"new car incentives","url":"/glossary/new-car-incentives","quote":"I think Hyundai's got some really cool incentives. My point is this, first quarter, lay low.","canonicalId":"concept:new-car-incentives","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"New car incentives are discounts, rebates, or special financing offers provided by manufacturers or dealers to encourage buyers to purchase vehicles.","simplifiedExplanation":"New car incentives are deals or discounts that car companies or dealers give to help people buy new cars more easily or cheaply."}},{"startTime":916.6,"endTime":921.8,"type":"concept","title":"soft sales","url":"/glossary/soft-sales","quote":"This may sound brutal, but let's continue the pain with soft sales for what? For maybe a reduction in prices, unlike our housing market.","canonicalId":"concept:soft-sales","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Soft sales refer to a period when vehicle sales are lower than usual, often leading to reduced prices or incentives to stimulate demand.","simplifiedExplanation":"Soft sales mean fewer cars are being sold than normal, which might make prices go down so more people buy cars."}},{"startTime":1027.2,"endTime":1031.7,"type":"term","title":"hoop-dee","url":"/glossary/hoop-dee","quote":"\"Stop it. Enjoy your hoop-dee. Get some nice fuzzy duct tape. Well, duct tape. No, man, I was trying to make it positive.\"","canonicalId":"term:hoop-dee","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"\"Hoop-dee\" is slang for an old, beat-up, or inexpensive car, often used affectionately. It implies a vehicle that may not be perfect but is still functional and worth enjoying.","simplifiedExplanation":"\"Hoop-dee\" is a fun way to say an old or not-so-nice car. It's a car that might have some problems but still gets you where you need to go."}},{"startTime":1046.3,"endTime":1051.2,"type":"part","title":"struts and shocks","url":"/glossary/struts-and-shocks","quote":"\"I'll tell you what, the fastest way for a car, before we take a break, you want to know what that is? About a $2,000 investment of struts and shocks. Add another thousand for tires that's three grand on the average, whatever.\"","canonicalId":"part:struts-and-shocks","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Struts and shocks are suspension components that absorb impacts from the road and help maintain vehicle stability and ride comfort. Upgrading or replacing them can significantly improve how a car drives and handles.","simplifiedExplanation":"Struts and shocks are parts that help your car ride smoothly by absorbing bumps. Fixing or upgrading them can make your car feel like new when you drive it."}},{"startTime":1058.2,"endTime":1061.5,"type":"part","title":"control arms","url":"/glossary/control-arms","quote":"\"Assuming you don't have control arms and all this other stuff. But you know, spend a little money, save a lot of money. Stop crying.\"","canonicalId":"part:control-arms","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Control arms are suspension components that connect the wheel hub to the vehicle frame, allowing for controlled wheel movement. Worn control arms can cause alignment issues and affect handling.","simplifiedExplanation":"Control arms are parts that help your car's wheels move up and down smoothly while keeping them steady. If they are worn out, your car might not drive straight or feel stable."}},{"startTime":1712.1,"endTime":1732.0,"type":"concept","title":"original paperwork","url":"/glossary/original-paperwork","quote":"Well, the more it depends on the model, but like a Chevrolet General Motors in the 70s, 60s, and you want to have that original paperwork and you want to show it off because not many people have it. But definitely anything that's gone, going to verify the options, the way the car came from originally, that's usually something that's going to really help you when you sell your car.","canonicalId":"concept:original-paperwork","priority":0.9,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Original paperwork refers to the authentic documents that come with a vehicle, such as the build sheet, window sticker, and service records. These documents verify the car's original specifications and options, which can significantly affect its value, especially for classic or collectible cars.","simplifiedExplanation":"Original paperwork means the real papers that came with the car when it was new. They show what the car had from the factory and help prove it's the real deal, which can make the car worth more."}},{"startTime":1751.9,"endTime":1767.0,"type":"part","title":"air ride suspension","url":"/glossary/air-ride-suspension","quote":"and his people were doing suspension. I had the air ride suspension and it was collapsing on one corner. And you don't need to pair of air struts up front on the vehicle. We do a lot of them. They're common.","canonicalId":"part:air-ride-suspension","priority":0.9,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Air ride suspension is a type of vehicle suspension that uses air springs instead of traditional coil or leaf springs. It allows adjustable ride height and improved ride comfort but can be complex and costly to repair if components like air struts fail.","simplifiedExplanation":"Air ride suspension is a special kind of car suspension that uses air bags to make the ride smoother and lets you change how high the car sits. But if parts break, it can be expensive to fix."}},{"startTime":1781.3,"endTime":1790.5,"type":"term","title":"aftermarket","url":"/glossary/aftermarket","quote":"their people came back and said to me, can we get it after market or eBay? Oh, so I listen, I, you know, I always tell our audience, I'm really like our bedside manner.","canonicalId":"term:aftermarket","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Aftermarket parts are components made by companies other than the original vehicle manufacturer. They can offer cost savings or performance upgrades but may affect the vehicle's originality and value.","simplifiedExplanation":"Aftermarket parts are car parts made by other companies, not the one that made the car. They can be cheaper or better but might change how original the car is."}},{"startTime":1818.1,"endTime":1832.2,"type":"concept","title":"historical value","url":"/glossary/historical-value","quote":"And we now lost, I think the word is providence, right? The historical value because we know that celebrities bring in a little extra oomph. And here's this one suspension component barely used. Not factory on a very high line vehicle.","canonicalId":"concept:historical-value","priority":0.9,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"Historical value refers to the importance and worth a vehicle gains due to its history, such as previous ownership by a celebrity, limited production numbers, or original factory condition. Maintaining provenance and originality helps preserve this value.","simplifiedExplanation":"Historical value means how special and valuable a car is because of its story, like if a famous person owned it or if it's very rare. Keeping the car original helps keep this value."}},{"startTime":1947.1,"endTime":1959.7,"type":"car","title":"Porsche 911 GT2 RS","url":"/cars/porsche/911","image":"https://upload.wikimedia.org/wikipedia/commons/c/c6/2013_Porsche_911_Carrera_4S_%28991%29_%289626546987%29.jpg","quote":"European sports cars like Porsche, GT2 RSs, Ford GTs. It's a real good market for cars like that.","canonicalId":"car:porsche:911","priority":0.9,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"The Porsche 911 GT2 RS is a high-performance variant of the Porsche 911 sports car, known for its powerful engine and track-focused engineering. It is highly prized among collectors and enthusiasts.","simplifiedExplanation":"The Porsche 911 GT2 RS is a very fast and special version of the Porsche 911 sports car that many car lovers really want.","imageAttribution":"David Villarreal Fernández (CC BY-SA 2.0)"}},{"startTime":1982.4,"endTime":1994.6,"type":"concept","title":"concourse","url":"/glossary/concourse","quote":"We just had our concourse in the Hills Phoenix Children's Hospital. This is like the 7th or we had Peter von Leon.","canonicalId":"concept:concourse","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"A concourse (or concours d'elegance) is a prestigious car show where rare and valuable vehicles are displayed and judged for their condition and authenticity.","simplifiedExplanation":"A concourse is a fancy car show where very special and old cars are shown to people and judged on how nice they are."}},{"startTime":2006.6,"endTime":2013.1,"type":"car","title":"Mercedes-Benz 220S","url":"/cars/mercedes-benz/220s","image":"https://upload.wikimedia.org/wikipedia/commons/7/7d/1959_Mercedes-Benz_W111_220S_Red_%281%29.jpg","quote":"I got a ton of classics in the garage from the 56 Benz 220S to, you know, the Chevelle and a bunch of others.","canonicalId":"car:mercedes-benz:220s","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"The Mercedes-Benz 220S is a classic luxury sedan from the mid-1950s, known for its quality engineering and timeless design. It is a collectible classic car today.","simplifiedExplanation":"The Mercedes-Benz 220S is an old fancy car from the 1950s that many people like to keep and collect.","imageAttribution":"Damian B Oh (CC BY-SA 4.0)"}},{"startTime":2013.1,"endTime":2020.7,"type":"car","title":"Chevrolet Chevelle","url":"/cars/chevrolet/chevelle","image":"https://upload.wikimedia.org/wikipedia/commons/9/95/1970_Chevrolet_Chevelle_Malibu_4-dr%2C_front_left.jpg","quote":"I got a ton of classics in the garage from the 56 Benz 220S to, you know, the Chevelle and a bunch of others.","canonicalId":"car:chevrolet:chevelle","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"The Chevrolet Chevelle is a classic American muscle car produced in the 1960s and 1970s, popular among collectors and enthusiasts for its performance and style.","simplifiedExplanation":"The Chevrolet Chevelle is an old American car known for being fast and cool, and many people like to collect it.","imageAttribution":"Mr.choppers (CC BY-SA 3.0)"}},{"startTime":2248.9,"endTime":2254.8,"type":"concept","title":"future collector car market","url":"/glossary/future-collector-car-market","quote":"\"there's no future collector because obviously, right? She's into the Supras and talk to us about that future collector car market that is popping.\"","canonicalId":"concept:future-collector-car-market","priority":0.9,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"The future collector car market refers to vehicles that are expected to increase in value and desirability over time, often becoming prized by enthusiasts and collectors. This market is influenced by factors like rarity, cultural significance, and generational interest.","simplifiedExplanation":"Some cars become more valuable as time goes on because people really like them or they are special. The future collector car market is about which cars will be popular and worth more in the future."}},{"startTime":2271.3,"endTime":2280.4,"type":"term","title":"blue chip car","url":"/glossary/blue-chip-car","quote":"\"we've got some of the pretty, pretty good piece blue chip type car on 5,000 original miles. I mean, that that is just going to take off in the next 10 to 15 years\"","canonicalId":"term:blue-chip-car","priority":0.5,"confidence":1.0,"source":"hybrid-fuzzy+gpt-4.1-mini","data":{"explanation":"A blue chip car is a vehicle considered a safe and valuable investment in the collector car market, often due to its rarity, condition, and historical significance. These cars typically hold or increase their value over time.","simplifiedExplanation":"A blue chip car is a car that is very special and usually keeps its value or becomes worth more money as time goes on."}}],"speakers":[{"id":"s1","name":"Frank Leutz","role":"host"}],"transcripts":[{"url":"http://getcarcurious.com/episodes/342-bid-smart-insider-tips-for-buying-and-selling-cars-at-auction/transcript.vtt","type":"text/vtt"}]}