Incredible Mecum auction breaks records.
About this episode
Record-breaking sales at the Mecum auction have car enthusiasts buzzing, with total sales reaching an astonishing $441 million. The episode dives into the standout cars, including a 1969 Yanko Nova that fetched $852,000 and a 1971 Hemi Kuda convertible that sold for $3.3 million. The hosts discuss the implications of such high prices and the potential influence of economic factors on buyer behavior. They also touch on a controversial AI-generated car listing on Bring a Trailer, highlighting the challenges of authenticity in the digital age. Insights into upcoming auctions and market trends make this episode a must for anyone tracking the collector car landscape.
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muscle cars
"I mean, they went bonkers, but the muscle cars also. Yeah, except the BB-512, it's still way undervalued."
Muscle cars are fast cars that were popular in America, especially in the 1960s. They usually have big engines and are known for their speed and power, making them exciting to drive.
Muscle cars are high-performance vehicles that originated in the United States in the 1960s, characterized by powerful engines and aggressive styling. They are often associated with American car culture and have a strong following among enthusiasts.
Ferrari BB 512
"Yeah, except the BB-512, it's still way undervalued. 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 the 1980s. It has a unique engine design and is known for being fast and stylish, making it a collector's item today.
The Ferrari BB 512 is a classic sports car produced by Ferrari in the 1980s, known for its powerful flat-12 engine and distinctive design. It is part of the Berlinetta Boxer series, which was notable for its mid-engine layout and performance.
Toyota Prius
"I'm going to go buy a slightly used Prius."
The Toyota Prius is a car that uses both gasoline and electricity to run, which helps save fuel and reduce pollution. It's popular among people who want to be more environmentally friendly.
The Toyota Prius is a hybrid electric vehicle known for its fuel efficiency and eco-friendly design. It was one of the first mass-produced hybrids and has become a symbol of environmentally conscious driving.
tax write off
"...that much money this so far this year that they need a tax write off?"
A tax write off is when you can subtract certain expenses from your income to pay less in taxes. It's a way to save money on what you owe to the government.
A tax write off is an expense that can be deducted from a person's total taxable income, reducing the amount of tax owed. This is often used by businesses to lower their tax burden.
Ford Expedition
"...I need to come in right away 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 their gear. It's popular for families and trips where you need a lot of space.
The Ford Expedition is a full-size SUV known for its spacious interior and strong towing capacity. It's often used for family transport and off-road adventures.
Cadillac DeVille
"...I want to talk about a 1999 Cadillac Deville. Now it's got it. It's got a North Star motor in it."
The Cadillac Deville is a large luxury car made by Cadillac, known for being comfortable and stylish. The 1999 version is one of the last models produced before the Deville name was discontinued.
The Cadillac Deville is a full-size luxury car that was produced by Cadillac from 1949 until 2005. The 1999 model is part of the ninth generation of the Deville line, known for its spacious interior and smooth ride.
North Star motor
"...It's got a North Star motor in it. You know, so I don't know if you guys saw this or not, but it was a pretty big thing."
The North Star motor is a type of engine made by Cadillac that is known for being powerful and smooth. It was used in several Cadillac models and is recognized for its performance.
The North Star engine is a family of V8 engines produced by General Motors, known for its performance and use in Cadillac vehicles. It features a DOHC design and was praised for its smooth operation and power output.
Bring a Trailer
"I don't blame bring a trailer for this because you're right. I think someone was legit selling a car."
Bring a Trailer is a website where people can buy and sell cars through auctions. It's popular for classic and unique vehicles.
Bring a Trailer is an online auction platform specializing in classic and enthusiast cars. It allows users to buy and sell vehicles through a bidding process, often featuring detailed listings and community engagement.
VIN number
"The trailer process is you submit your car, VIN number, you pay your, your $99 fee. And when you upload the photos, you have to upload the title with your name on it."
A VIN number is a special code that identifies a specific car. It's like a serial number that tells you details about the car, such as who made it and when.
The Vehicle Identification Number (VIN) is a unique code assigned to every motor vehicle when it's manufactured. It serves as a fingerprint for the car, providing information about its make, model, year, and place of manufacture.
title
"And when you upload the photos, you have to upload the title with your name on it. That doesn't go on the public listing, but that's part of the authentication process."
A title is a document that shows who owns a car. You need it to sell the car or prove that it's yours.
In automotive terms, a title is a legal document that proves ownership of a vehicle. It includes details about the car and is required for the sale or transfer of ownership.
Porsche 911
"The number one brand was Porsche and the number one car was 911."
The Porsche 911 is a famous sports car that has been around for many years. It's known for being fast and having a unique shape that many people recognize.
The Porsche 911 is a legendary sports car that has been in production since the early 1960s. Known for its distinctive design and rear-engine layout, it has become a symbol of performance and engineering excellence.
coilovers
"bit larger turbos, intercooler, coil overs, just a, just a couple of tasteful mods and it just runs strong."
Coilovers are parts of the car's suspension that help it handle better on the road. They can be adjusted to change how high or low the car sits.
Coilovers are a type of suspension system that combines a coil spring and shock absorber into a single unit, allowing for adjustable ride height and improved handling.
turbo
"bit larger turbos, intercooler, coil overs, just a, just a couple of tasteful mods and it just runs strong."
A turbo is a part that helps the engine get more air, which makes it more powerful. It helps the car 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 thus increasing power output.
intercooler
"bit larger turbos, intercooler, coil overs, just a, just a couple of tasteful mods and it just runs strong."
An intercooler is a part that cools down the air that comes from the turbo before it goes into the engine. Cooler air helps the engine work better.
An intercooler is a heat exchanger that cools the air compressed by a turbocharger before it enters the engine, improving efficiency and performance.
Alfa Gtvs
"... Jaguar, you know, XK120s, I was looking at Alpha GTVs. Like I'm going, maybe I can get, you know, 45 t..."
Porsche 356
"...in patina, you know, older 9-11s, maybe a little 356 coupe, some Jaguar, you know, XK120s, I was looki..."
Jaguar XK120
"maybe a little 356 coupe, some Jaguar, you know, XK120s..."
The Jaguar XK120 is an older sports car that many people find beautiful and exciting. It was one of the first cars that made Jaguar famous.
The Jaguar XK120 is a classic British sports car produced from 1948 to 1954. It was known for its stunning design and performance, and it played a significant role in establishing Jaguar as a luxury sports car manufacturer.
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 that was made in the 1960s. It's very rare and valuable, often selling for a lot of money at auctions.
The Ferrari 250 GTO is a highly sought-after classic sports car known for its racing pedigree and limited production. It is often considered one of the most valuable cars in the world, with prices reaching into the tens of millions.
Mecum auction
"...let me just run through because I got it in front of me. OK, the the the meekum auction total sales for that week or however many days..."
Mecum Auctions is a company that sells special cars at big events. People can buy and sell rare and valuable cars there, often for a lot of money.
Mecum Auctions is a well-known auction house that specializes in the sale of collector cars, motorcycles, and memorabilia. They host events across the United States, attracting buyers and sellers of high-value vehicles.
Yanko Nova
"...one of the muscle cars that was pretty, pretty crazy. It was a Yanko Nova, a Yanko Nova. That car was beautiful."
The Yanko Nova is a special version of the Chevrolet Nova that was made to be faster and more powerful. It's popular among car collectors because of its unique features and performance.
The Yanko Nova is a high-performance version of the Chevrolet Nova, modified by Yenko Chevrolet in the late 1960s. These cars are known for their powerful engines and distinctive styling, making them highly sought after by collectors.
Hemi engine
"the Hemi Kuda convertible, the white and black one."
A Hemi engine is a special kind of engine that has a unique shape, which helps it run better and faster. It's often found in powerful cars like muscle cars.
The Hemi engine is a type of internal combustion engine characterized by its hemispherical combustion chambers. This design allows for better airflow and higher performance, making it popular in muscle cars.
Chevrolet Camaro
"I'll have you know. Sixty nine motion Camaro. Yeah. Yeah."
The Chevrolet Camaro is a sporty car that many people love for its speed and cool looks. The 1969 version is especially famous and is often talked about because it's considered one of the best muscle cars ever made.
The Chevrolet Camaro is a classic American muscle car that was first introduced in 1966. Known for its powerful engines and aggressive styling, the Camaro has become an icon of performance and American automotive culture, particularly the 1969 model which is often celebrated for its design and capabilities.
COPO
"That's still that's that's more than a copo, which is the factory lightweight 427 car or a ZL one."
COPO is a special way Chevrolet made some of their cars, like the Camaro, to be faster for racing. These cars are rare and valuable now.
COPO stands for Central Office Production Order, a special ordering system used by Chevrolet to produce high-performance vehicles, such as the COPO Camaro with the 427 engine. These cars were built for drag racing and are rare collector's items today.
Chevrolet Camaro ZL1
"...or a ZL one."
The Camaro ZL1 is a super-fast version of the Chevrolet Camaro. It's built to be really powerful and can be used for racing or just driving on the street.
The Chevrolet Camaro ZL1 is a high-performance version of the Camaro, known for its powerful engine and advanced technology. It is designed for both street and track performance, making it a favorite among car enthusiasts.
Shelby Cobra
"... I've got to buy something. I still think Shelby Cobras and four GTS undervalued cars, four GT or GT 40s...."
The Shelby Cobra is a fast and powerful sports car that was made a long time ago and is very popular among car lovers. It's famous for its speed and has a cool, classic look that many people admire.
The Shelby Cobra is a high-performance sports car that was produced in the 1960s, known for its lightweight design and powerful V8 engine. It has become a legendary vehicle in automotive history, often celebrated for its racing success and iconic status among collectors.
Chrysler Cordoba
"...my dad said 7,500 for his Chrysler Cordova. You know, I that's when, like before color, though, right?"
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 and passengers.
The Chrysler Cordova was a personal luxury car produced in the late 1970s and early 1980s. It was known for its stylish design and comfortable interior, appealing to buyers looking for a more upscale driving experience.
Pontiac GTO
"...or bought one of those crappy GTOs? You know, I mean, it was old race cars."
The Pontiac GTO is a classic car that is known for being one of the first muscle cars. It was popular in the 1960s for its speed and powerful engine.
The Pontiac GTO is often considered one of the first true muscle cars, introduced in 1964. It gained fame for its powerful V8 engines and performance-oriented design, appealing to car enthusiasts and collectors alike.
Shelby Daytona
"...n when Pete Brock and Shelby were racing for our Shelby Daytona coups of Le Mans. And they were too expensive to..."
The Shelby Daytona Coupe is a special race car from the 1960s that was built to be really fast on the track. It's famous for its shape that helps it go faster and is loved by collectors.
The Shelby Daytona Coupe is a race car that was developed in the 1960s to compete in international racing events. Known for its aerodynamic design and powerful performance, it played a significant role in Shelby's racing history and is highly regarded among collectors.
Ferrari LaFerrari
"...know we all talked about it. What did your dad's LaFerrari go for at Bear Jackson? Just it's just under fiv..."
The Ferrari LaFerrari is a super-fast car that uses both gas and electricity to go really quickly. It's one of the newest and most advanced cars from Ferrari, and people love it for its speed and cool features.
The Ferrari LaFerrari is a hybrid supercar that showcases cutting-edge technology and extreme performance. As one of Ferrari's most advanced models, it combines a powerful V12 engine with an electric motor, making it both fast and efficient, and it has become a symbol of modern automotive engineering.
record sale
"And it was the previous record at five point two."
A record sale means that something was sold for the most money ever at an auction. For cars, it shows how valuable that particular car is.
A record sale refers to the highest price ever paid for a specific item at auction. In the context of cars, it indicates that the vehicle sold for more than any other of its kind previously.
RM Sotheby's
"I think the test will be what happens at RM or at Bonham's or at Gooding, things like that, where people are used to buying those older Ferraris."
RM Sotheby's is a company that sells expensive cars at auctions. They often have events where collectors can buy and sell rare cars, including older Ferraris.
RM Sotheby's is a well-known auction house that specializes in the sale of classic and luxury cars. Events like those held by RM Sotheby's, Bonhams, and Gooding are significant for collectors looking to buy or sell high-value vehicles, including classic Ferraris.
engine swap
"So they're going, well, you know, it's been painted. It's an engine swap. Doesn't have the race history."
An engine swap is when you take out the engine that came with a car and put in a different one. People do this to make the car faster or to fix a broken engine.
An engine swap refers to the process of removing a vehicle's original engine and replacing it with a different one. This can be done for various reasons, including performance upgrades or replacing a failed engine.
Aston Martin Vanquish
"...m back on a few things. The latest thing was his vanquish. He was like, I want this. I was thinking maybe ..."
The Aston Martin Vanquish is a really nice and fast car that looks very elegant. It's known for being powerful and is often seen in movies, especially those with James Bond.
The Aston Martin Vanquish is a luxury grand tourer that combines high performance with elegant design. Known for its powerful V12 engine and sophisticated styling, it represents the pinnacle of British automotive craftsmanship and is often associated with James Bond films.
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, cute car that's known for being fun to drive and easy to park. It's popular because it has a unique style and is great for city driving.
The Mini Cooper is a compact car that originated in the 1960s and has become a symbol of fun and efficient driving. Its unique design and nimble handling make it popular among enthusiasts, and it has a strong following due to its quirky character and customization options.
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."
The Ferrari Testarossa is a famous sports car from the 1980s that many people recognize because of its unique design. It's known for being very fast and is a favorite among car enthusiasts.
The Ferrari Testarossa is a classic sports car produced in the 1980s and 1990s, known for its distinctive side air intakes and powerful flat-12 engine. It has become an icon of automotive design and performance, often celebrated for its striking looks and driving experience.
Mercedes-Benz Mercedesbenz 300
"Right next to that is the, excuse me. Mercedes-Benz 300 SL Roadster 1.8 to 2.2, which just pains me because at Vision, we bought one and it was a lightweight car and we paid $85,000 for it and it got sold."
The Mercedes-Benz 300 SL Roadster is a fancy sports car from the 1950s that many people think is really beautiful. It has special doors that open up like wings, and it's known for being very well-made and luxurious.
The Mercedes-Benz 300 SL Roadster, particularly the W198 model, is a classic luxury sports car that was produced in the 1950s. Renowned for its distinctive gullwing doors and advanced engineering, it is considered one of the most beautiful and significant cars in automotive history.
Ac Cobra
"...e of those Dreamcars. An F40, a 930 Turbo, a 427 AC Cobra, something like that. So why don't you guys go t..."
The AC Cobra MkIII is a special version of the Cobra sports car that is known for being really fast and stylish. It's a favorite among collectors because of its history in racing and its cool design.
The AC Cobra MkIII is a variant of the original Cobra, featuring a more refined design and enhanced performance capabilities. This car is highly sought after by collectors and enthusiasts due to its racing heritage and iconic status in the sports car world.
Ferrari F40
"...m on a mission to buy one of those Dreamcars. An F40, a 930 Turbo, a 427 AC Cobra, something like that..."
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