Florida Mecum Astounds, 250 Ferrari GTO Sells - Shift and Steer EP552
About this episode
The episode dives into the recent Mecum auction in Florida, where record-breaking sales were made, including a staggering $38.5 million for a Ferrari GTO. The hosts discuss the implications of such high prices on the market, the psychology behind buyers' spending, and the impact of unique colors and modifications on car values. They also touch on the rise of AI in car listings and the challenges it poses. Notable cars discussed include classic muscle cars, a Cadillac Deville controversy, and the upcoming RM auction in Scottsdale, making for an engaging conversation about the current state of the collector car market.
This is Shift and Steer, your quick-hit automotive news podcast.
On this episode #552:
• Ferrari 250 GTO Sells At Auction
• Mecum Florida Auction
• bonspeedStreetWear.com & drinkbravago.com
Let us know your thoughts about our shows; hit us up on Instagram @ShiftSteerMedia or [email protected].
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Meekum
"And last week, we had Meekum and we're going to be talking about it on today's show because they blew the lid off the place."
Meekum is a company that sells special cars at auctions. People can bid on these cars, and sometimes they sell for a lot of money.
Meekum is a well-known auction company that specializes in classic and collector cars. They host large-scale auctions where rare and valuable vehicles are sold to the highest bidder.
multimillion dollar car
"And when it's a multimillion dollar car, that's significant."
A multimillion dollar car is a very expensive car that costs millions of dollars. These cars are usually special and hard to find, making them valuable to collectors.
A multimillion dollar car is a vehicle that sells for several million dollars, often due to its rarity, historical significance, or unique features. These cars are typically sought after by collectors and investors.
Ferrari BB 512
"...but the muscle car. The muscle cars also. Yeah. And so, oh, yeah, that 512 I saw that made me think of Mikey's..."
The Ferrari BB 512 is a famous sports car from Ferrari that has a powerful engine and a unique look. It's considered a classic and is sought after by collectors.
The Ferrari BB 512 is a classic sports car produced by Ferrari in the 1970s and 1980s. It features a flat-12 engine and is known for its distinctive design and performance.
Toyota Prius
"...doing it too. I'm going to go buy a slightly used Prius. Yeah. Every, you know, what's happening is it's ..."
The Toyota Prius is a special kind of car that uses both gas and electricity to help save on fuel and be better for the environment. It's well-known for being reliable and is popular among people who want to drive a more eco-friendly vehicle.
The Toyota Prius is a pioneering hybrid vehicle that combines a gasoline engine with an electric motor to improve fuel efficiency and reduce emissions. Since its introduction in the late 1990s, it has become synonymous with eco-friendly driving and is often discussed for its practicality and reliability.
Ford Expedition
"...and get a new Ford Expedition. You got one for like around 80 grand cash."
The Ford Expedition is a large SUV that can carry many passengers and has a lot of space for cargo. It's often used by families or for towing trailers.
The Ford Expedition is a full-size SUV known for its spacious interior and towing capacity. It's popular among families and those needing a large vehicle for various activities.
Cadillac DeVille
"...I want to talk about a 1999 Cadillac Deville. OK. Now it's got it's got a North Star motor in it."
The 1999 Cadillac Deville is a big, comfortable car that was made for luxury. It has a lot of space inside and is known for being a smooth ride.
The 1999 Cadillac Deville is a full-size luxury sedan known for its comfort and smooth ride. It features a spacious interior and was popular during its time for its classic American luxury styling.
North Star motor
"...it's got a North Star motor in it."
The North Star motor is a type of engine made by Cadillac that is known for being powerful and running smoothly. It was used in many Cadillac cars during the late 1990s and early 2000s.
The North Star motor is a V8 engine produced by Cadillac, known for its performance and smooth operation. It was used in several Cadillac models during the 1990s and early 2000s.
Bring a Trailer
"But it was a pretty big thing online this week that bring a trailer, which we all love. We all like to check out."
Bring a Trailer is a website where people can buy and sell classic cars. It's known for carefully checking the cars they list to make sure they are good quality.
Bring a Trailer is an online auction platform that specializes in classic and enthusiast cars. It has gained popularity for its curated listings and community engagement, allowing users to buy and sell unique vehicles.
Porsche 911
"...it's a 1992 Porsche 911 Turbo black on black, forty two, forty three thousand miles."
The Porsche 911 Turbo is a fast sports car that has a turbocharged engine, making it more powerful. The 1992 version is part of a series known for being better designed and more advanced than older models.
The Porsche 911 Turbo is a high-performance variant of the iconic 911 sports car, known for its turbocharged engine and distinctive styling. The 1992 model belongs to the 964 generation, which features improved aerodynamics and technology compared to earlier models.
turbo
"...he did a little bit larger turbos, intercooler, coilovers, just a just a couple of tasteful mods."
A turbo is a part that helps an engine produce more power by pushing more air into it. This means the engine can burn more fuel and go faster.
A turbo, or turbocharger, is a device that forces more air into the engine's combustion chamber, allowing for more fuel to be burned and increasing power output. This modification is popular among performance enthusiasts to enhance engine performance.
intercooler
"...larger turbos, intercooler, coilovers, just a just a couple of tasteful mods."
An intercooler is a part that cools the air that comes from the turbo before it goes into the engine. Cooler air helps the engine run better and makes it more powerful.
An intercooler is a heat exchanger used to cool the air compressed by the turbocharger before it enters the engine. Cooler air is denser and contains more oxygen, which improves combustion efficiency and performance.
coilovers
"...intercooler, coilovers, just a just a couple of tasteful mods."
Coilovers are parts of the car's suspension that help it handle better and can be adjusted to change how high or low the car sits. They're often used in sports cars for better performance.
Coilovers are a type of suspension system that combines a coil spring and shock absorber into a single unit. They allow for adjustable ride height and improved handling, making them popular for performance cars.
Jaguar XK120
"maybe a little three fifty six coupe, some Jaguar, you know, XK 120s..."
The Jaguar XK120 is an old sports car from Jaguar. It was famous for being very fast and looking great.
The Jaguar XK120 is a classic British sports car produced from 1948 to 1954. It was known for its stunning design and impressive performance, becoming one of the fastest production cars of its time.
Porsche 356
"maybe a little three fifty six coupe..."
The Porsche 356 is an older sports car made by Porsche. It's known for being light and fun to drive.
The Porsche 356 is a classic sports car produced by Porsche from 1948 to 1965. It is known for its lightweight design and agile handling, making it a favorite among car enthusiasts.
Alfa Gtvs
"I was looking at alpha GTVs like I'm going..."
The Alfa Romeo GTV is a stylish sports car that has been made in different versions for many years. It's fun to drive and looks great.
The Alfa Romeo GTV is a classic sports coupe that was produced in various forms from the 1960s to the early 2000s. It is known for its stylish design and engaging driving experience.
Ferrari 250 GTO
"...about some of these prices or the 250 GTO Ferrari, the white one. But let's start out with some of the muscle cars..."
The Ferrari 250 GTO is a famous sports car made by Ferrari in the 1960s. It's very rare and valuable, often selling for millions of dollars at auctions because of its history and design.
The Ferrari 250 GTO is one of the most iconic and valuable classic cars, known for its racing pedigree and stunning design. Produced in the early 1960s, it is highly sought after by collectors and often fetches record prices at auctions.
Mecum auction
"...because I got it in front of me. I'll just run through why we're hitting this. OK, the the the meekum auction total sales for that week..."
Mecum Auctions is a place where people buy and sell rare cars. It's famous for selling classic cars that collectors really want, and it happens at special events.
Mecum Auctions is a well-known auction house specializing in classic and collector cars. They host events where rare and valuable vehicles are sold to the highest bidder, often attracting car enthusiasts and collectors from around the world.
Yanko Nova
"Let's start right out with one of the muscle cars that was pretty, pretty crazy. It was a Yanko Nova, a Yanko Nova."
The Yanko Nova is a special version of the Chevrolet Nova that was made to be faster and more powerful. It was modified by a famous car dealer named Don Yenko, who made these cars popular among racing fans.
The Yanko Nova is a high-performance version of the Chevrolet Nova, modified by Don Yenko, a well-known figure in the muscle car community. These cars were known for their powerful engines and racing pedigree, making them highly sought after by collectors and enthusiasts.
fully restored
"It was in great condition, fully restored. And it got eight hundred and fifty two thousand dollars."
When a car is fully restored, it means it has been fixed up to look and work like it did when it was new. This can make the car much more valuable.
A fully restored car has been completely refurbished to its original condition, often including repairs to the body, engine, and interior. This process can significantly increase a car's value and appeal to collectors.
six-cylinder
"And it's not even restored and has six cylinder. Another one that kind of we all knew this one was going to do well."
A six-cylinder engine is a type of car engine that has six separate parts called cylinders. This kind of engine usually offers a good mix of power and fuel economy.
A six-cylinder engine is an internal combustion engine with six cylinders, which can provide a good balance of power and fuel efficiency. Cars with six-cylinder engines are often seen as a middle ground between four-cylinder and eight-cylinder engines.
Dodge Hemi Cuda
"Which was the seventy one CUDA, the Hemi CUDA convertible, the white and black one. And it brought in three point three million, which was their high on their estimate."
The Dodge Hemi Cuda is a classic muscle car known for its powerful engine and sporty design. It's a rare car that many collectors want, especially the convertible version from 1971.
The Dodge Hemi Cuda is a high-performance variant of the Plymouth Barracuda, featuring a powerful Hemi V8 engine. It is highly sought after by collectors, particularly the convertible models, due to their rarity and performance capabilities.
Plymouth Cuda
"... top of their estimate. Which was the seventy one CUDA, the Hemi CUDA convertible, the white and black o..."
The Plymouth Cuda is a classic car known for being very powerful and having a cool design. It's part of the muscle car group from the 1970s and is loved by many car fans.
The Plymouth Cuda is a classic American muscle car that gained popularity in the 1970s for its powerful engines and aggressive styling. It is often discussed for its performance and as a symbol of the muscle car era.
Chevrolet Camaro
"Now, this next car really put a smile on my face. Sixty nine motion Camaro. Yeah. Yeah. One point one million dollars."
The Chevrolet Camaro is a popular sports car that was first made in the late 1960s. The 1969 version is famous for its powerful engines and stylish design, making it a favorite among car enthusiasts.
The Chevrolet Camaro is a classic American muscle car that was first introduced in 1966. The 1969 model is particularly sought after by collectors for its performance and styling, often associated with the muscle car era.
Bond Speed Wheels
"I'm sure it's because it had bond speed wheels on it. But it got it got a hundred and ninety two thousand."
Bond Speed Wheels are special wheels made for cars that look good and help the car perform better. People who love cars often want these wheels for their vehicles.
Bond Speed Wheels is a brand known for producing custom wheels that enhance the performance and aesthetics of vehicles. They are often sought after by car enthusiasts for their unique designs and quality.
Vega
"That's because the other one was from like my Vega, you know, was original. It was a ball in motion from back in the day."
The Chevrolet Vega is a small car that was made in the 1970s. It was popular for its unique design and was one of the first cars built in a way that made it lighter and stronger.
The Chevrolet Vega is a subcompact car produced by Chevrolet from 1970 to 1977. It was known for its innovative design and was one of the first cars to use a unibody construction.
Chevrolet COPO
"Oh, that's still that's that's more than a copo, which is the factory lightweight four twenty seven car..."
The Chevrolet COPO is a special version of a car that was made to be lighter and faster, especially for racing. It has a big engine that makes it very powerful, and many people want to own one because they are rare and cool.
The Chevrolet COPO is a special order performance vehicle known for its lightweight design and powerful engine options, particularly the 427 cubic inch V8. It was originally produced in the late 1960s for drag racing and is highly sought after by collectors today.
Shelby Cobras
"...wow, I got to buy something. I still think Shelby Cobras and four GTs undervalued cars, four GT or GT 40s,..."
The Shelby Cobra is a famous sports car from the 1960s that is really fast and has a powerful engine. It's considered a classic and is loved by car enthusiasts for its speed and unique design.
The Shelby Cobra is an iconic sports car that was produced in the 1960s, known for its powerful V8 engine and lightweight design. It represents a significant chapter in American automotive history and is often discussed for its performance and collectibility.
Le Mans
"four GT or GT 40s, win Le Mans, win first, second, third Le Mans, win for multiple years."
Le Mans is a famous car race in France that lasts for 24 hours. It's known for being very challenging and is a big deal in the racing world.
Le Mans is an iconic endurance race held annually in France, known for its grueling 24-hour format. It is one of the most prestigious events in motorsport, attracting manufacturers and teams from around the world.
Chrysler Cordoba
"...my dad paid, say, 7,500 for his Chrysler Cordova. You know, I."
The Chrysler Cordova is a luxury car that was made in the late 1970s and early 1980s. It was designed to be stylish and comfortable for drivers.
The Chrysler Cordova was a personal luxury coupe produced in the late 1970s and early 1980s. It was known for its distinctive styling and comfort features, appealing to buyers looking for a stylish yet affordable vehicle.
Hemi
"...think of like the Hemi car that just sold for 3.3, you could have had that for like 7,500 bucks."
Hemi is short for hemispherical, describing a type of engine shape that helps it run better and faster. It's famous for being used in powerful cars, especially from Chrysler.
The term 'Hemi' refers to an engine design with a hemispherical combustion chamber, which allows for more efficient airflow and combustion. This design is often associated with high-performance engines, particularly from Chrysler.
Plymouth GTX
"It was a GTX. But I'm like, I'm like, I thought about it."
The Plymouth GTX is a classic American muscle car that was made in the late 1960s and early 1970s. It's known for being fast and powerful, and many people love it for its sporty look.
The Plymouth GTX is a high-performance muscle car that was produced by Plymouth from 1967 to 1971. It was known for its powerful engines and sporty design, making it a popular choice among car enthusiasts.
Shelby Daytona
"and Shelby were racing for or Shelby Daytona Coupes at Le Mans and they were too expensive to bring home."
The Shelby Daytona Coupe is a famous race car from the 1960s, known for its speed and unique design. It was created to compete in major racing events like Le Mans.
The Shelby Daytona Coupe is a high-performance sports car designed for racing, known for its aerodynamic design and success in the 1960s. It was built to compete in the FIA World Sportscar Championship and is a significant part of automotive history.
LS7
"So here's a few of the notable cars at Meekam, a 69 Chevy Camaro Baldwin motion LS seven Camaro."
The LS7 is a powerful engine made by Chevy, often found in sports cars. It's known for being very strong and fast.
The LS7 is a high-performance V8 engine produced by General Motors, known for its use in the Chevrolet Corvette Z06 and other performance vehicles. It features a 7.0-liter displacement and is renowned for its power and efficiency.
Porsche 918 Spyder
"...ee hundred and twenty thousand. I got the Porsche 918 Weisack package, six million fifty thousand. That..."
The Porsche 918 Spyder is a super-fast car that uses both gas and electricity to go really fast while being more efficient. It's a high-tech car that many people dream of owning because of its amazing performance.
The Porsche 918 Spyder is a high-performance hybrid supercar that showcases cutting-edge technology and engineering. With its combination of a powerful V8 engine and electric motors, it represents the pinnacle of performance and efficiency in the automotive world.
hybrid
"Oh, OK. The hybrid slider. Yeah, it looks so different in that color, too."
A hybrid car uses both gas and electricity to run. This helps it use less fuel and be better for the environment than cars that only use gas.
A hybrid vehicle uses more than one type of power source, typically combining a gasoline engine with an electric motor. This setup can improve fuel efficiency and reduce emissions compared to traditional gasoline-only vehicles.
Ferrari LaFerrari
"... know we all talked about it. What did your dad's LaFerrari go for at Bear Jackson? Just is just under five."
The Ferrari LaFerrari is a super-fast and very expensive car that uses both gas and electricity to perform at its best. It's one of the most special cars made by Ferrari and is highly sought after by collectors.
The Ferrari LaFerrari is a limited-production hybrid supercar that represents the pinnacle of Ferrari's engineering and design. With its stunning performance and advanced technology, it is often discussed as one of the most desirable and exclusive cars in the world.
Aston Martin Vanquish
"...im back on a few things. The latest thing was his vanquish. He was like, I was thinking maybe I'll sell a va..."
The Aston Martin Vanquish is a fancy sports car that looks really sleek and has a strong engine. It's known for being luxurious and is often talked about for its beauty and performance.
The Aston Martin Vanquish is a luxury grand tourer known for its elegant design and powerful V12 engine. It embodies the brand's commitment to performance and style, making it a popular topic among car enthusiasts.
Ferrari 512
"Matt, who has it? His dad has a has a black Ferrari 512, right? Because it was in the video."
The Ferrari 512 M is a rare and special sports car that was made for racing in the 1970s. It's known for being fast and has a unique look that makes it popular among car collectors.
The Ferrari 512 M is a rare and highly sought-after sports car that was part of Ferrari's racing heritage in the 1970s. Known for its performance and distinctive design, it is often discussed among collectors and enthusiasts.
Mini Coopers
"I'm my mini Cooper. I'm keeping my mini Cooper's keeper. But the Morgan, too hard to find parts for."
The Mini Cooper is a small, stylish car that is fun to drive and easy to park. It has a unique look and is known for being zippy and enjoyable, making it a favorite among many drivers.
The Mini Cooper is a compact car that has gained a cult following for its distinctive design and sporty handling. Originally introduced in the 1960s, it has become a symbol of fun driving and is often discussed for its unique style and performance.
Ferrari Testarosa
"..., which is an interesting car for me. It's it's a Ferrari Testarosa and it's a 1987 Testarosa. But it's a Strayman, e..."
The Ferrari Testarossa is a famous sports car from the 1980s that looks really unique and is very fast. It's considered a classic and is admired for its style and power.
The Ferrari Testarossa is a legendary sports car produced in the 1980s and 1990s, known for its distinctive design and powerful flat-12 engine. It has become an icon of the era and is often discussed for its performance and cultural significance.
Ac Cobra
"...e of those dream cars. An F40, a 930 Turbo, a 427 AC Cobra, something like that. So why don't you guys go to..."
The AC Cobra MkIII is a classic sports car known for being very fast and powerful. It's a mix of British and American design, making it a favorite among car lovers.
The AC Cobra MkIII is a legendary sports car that combines British craftsmanship with American muscle, featuring a powerful V8 engine. It is celebrated for its performance on the track and is often sought after by collectors and enthusiasts.
Ferrari F40
"...m on a mission to buy one of those dream cars. An F40, a 930 Turbo, a 427 AC Cobra, something like that..."
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