Think we’re heading into a recession? You couldn’t tell by the prices realized at this year’s Scottsdale auctions. TheDetroitbureau.com has the numbers.
The collector car marketplace commenced 2022 on a high note. At its annual New Year Kissimmee (Florida) event, Mecum Auctions significantly increased the world record gross for a single automotive auction event with a total of $217 million in sales.
Mecum Kissimmee, which bills itself as the world's largest collector car auction, has broken a new record for sales at a single auction, tallying $217 million and a 90 percent sell-through rate over the course of 11 days.