​People who buy Porsches still have plenty of cash. People buying $10k-$30k cars are tightening up right now.

@Lane-jq3ed

6 ай бұрын

👍 correct

@nodsib

6 ай бұрын

Yep, I think you nailed it. I’ve been seeing better deals on midrange cars lately, there’s lots of inventory again, but the people with tons of money are still out buying the real nice stuff for top dollar

@awsomo53

6 ай бұрын

True but those with cash right now expect a great deal. I'm going to put the necessary work in to get a great deal. There's no point in overpaying when you don't have to.

@Chris-hw4mq

6 ай бұрын

Cars were overpriced for years. What do you expect a 30k car to still be worth 30k with the high interest rate people think twice before buying a used car

@Mr.Helper.

6 ай бұрын

Do people tightening even buy at auctions

Mileage is everything on a C7 Corvette. There are so many that have under 30k miles that are better bargains. 76k is really high mileage.

@dwightsmith5174

6 ай бұрын

A newbie mistake? Or does he not really know the Corvette market?

@pnwdweler4100

6 ай бұрын

@@dwightsmith5174 I’m guessing newbie mistake.

@themechanicman3865

6 ай бұрын

Millage aint shit if everything is brand new and redone everybody's always talking about mileage or how many hours if it's equipment if something sat there for 40 years and it's only got 10 mi on it but the motor is locked up what good is the mileage even mean you can't drive the car you have to rebuild it so if it had $400,000 on dash it wouldn't matter because to be completely redone anyways now if it's only got 20 miles on it and it runs and drives in pristine condition or need just a couple little knick-knacks yeah you stole the day for real but other than that if you got to rebuild the whole damn call truck the mileage don't mean shit

@blacksunshine489

6 ай бұрын

@@themechanicman3865mileage is EVERYTHING in a sports car. Everything. Prices drop off of a cliff.

@lineset7765

6 ай бұрын

True!@@themechanicman3865

I have attended Mecum Kissimmee for the past 5 years on a Standard Bidders Pass. 2024 results were a record of over 4300 solds and around $225 million in sales dollars. Always a great time. An auction is a throw of the dice. Win some, lose some. I have seen some great buys and other cars go for stupid $$$$. Thanks for the entertainment.

@johnmartin7158

Ай бұрын

I’ll never forget the day that a motorcycle went for a world record at Mecums. The 1907 Harley Davidson Strap Tank. This guy on the channel is not exactly selling rare exquisite exclusive vehicles contemporary or vintage.

Always remember that Mecum auction is the KMart version of Barrett Jackson…….

@SuperBoss351

6 ай бұрын

Mecum did 276 million in jan, barrett Jackson had less cars did 205 million, but that was inc 10 mill in signs they sold. Mecum is num 1 and has been for a while. I was at both And quality is up every year. Market is on 🔥. I've been collecting 40 plus years too. Money out there is insane.

@Trackratz-zl9di

6 ай бұрын

​@@SuperBoss351Walmart did way better numbers then Saks ,your point is?

@cliffm6566

4 ай бұрын

Like the K mart that sells $2 million Gullwings? And $4 mil Ferraris? Lol 🤣

@shawnwright240

4 ай бұрын

The quality of video was 10x better. Well done, better story telling and better eye candy. I would prefer less videos but at higher quality. I think the British guy “Matt” - who does repairs of cars is a good example of less video but more story telling but the visual quality of this video surpasses this.

@richreicher2679

17 күн бұрын

They vet nothing. A seller can say anything in the description and Mecum will parrot that. Caveat emptor...

Putting duct tape on any paint is bad idea lol .

@Whateva67

6 ай бұрын

Only a quack would do that

@cyz44

6 ай бұрын

true that - should have a used goose tape

@theSkavenger84

6 ай бұрын

Maybe painters tape?

@theSkavenger84

6 ай бұрын

@@Whateva67i see what you did there 😂

@neilreid2298

6 ай бұрын

@ThiagoGomes-tw3wm Auto repair shops and wrecking yards use a heavy plastic that has adhesive on one side. Is for partially opened doors, windows, etc. Ask me how I know. : )

Market is soft and getting worse - the 10% sellers fee is a killer. And don't forget the buyer has to pay 10% on top of the sales price!. Only folks making any money is the auction house. I would never buy or sell a car at this venue. It's really just a place to look or be entertained.

@jackspeer2127

6 ай бұрын

Spot on. the housing market is sagging, the Automobile market is sagging. And it will get worse. Much worse. Lots of empty seats in the gallery. The people who desire the kinds of cars you brought are tightening their budgets and not spending discretionary income. Time to develop a side hustle.

@SuperBoss351

6 ай бұрын

275million in sales, a record, i bought many cars, trucks, i get 5 %fee, those cars were iffy.. don't blame auction and no belt tightening, just people know quality.. ✌

@chrisbueschel3884

6 ай бұрын

oh yeah Barrett and the mecum guys are the ones making money, the top guys that run it are filthy rich, talking "houses in Florida just for the one auction a year they do there rich"!

@billycloudy9078

6 ай бұрын

@@SuperBoss351exactly the market is not soft I just saw someone pay a ridiculous amount of money for a rare car(can’t remember what the car) it was crazy!! People are willing to pay top dollar for a rare quality cars and not this guy’s junk!

@johnhays2915

6 ай бұрын

Damn...10% buyer AND 10% seller fee holy shit! Good luck!

Moral of this story : Don,t fake the funk on a piece of junk ! 😂😂.

There is something sumptuous about hearing a used car dealer wine and moan about loosing money !

@chrisg6091

6 ай бұрын

My family were dealers for many years. These days the big auction houses are laughing all the way to the bank at the naivete of people playing at being a dealer.

@Mrfixitmarty

4 ай бұрын

🤣🤣

A friend of mine that use to sell cars at these high end auctions told me that he wouldn't even consider taking a car to them unless the car was immaculate. People are expecting perfection at these sales, not just a great clean up job.

@longjohn77

6 ай бұрын

Who would have thought a janky 20 year old Mercedes with peeling clearcoat and an inoperable roof wasn't what mecum buyers are on the hunt for! 😂😅

@brianaugust1594

6 ай бұрын

Exactly, Low miles or Not, you KNEW the car was Broken and Tried to Sell it BROKEN! Is car guys Know these Mercedes cost Big Money to fix (if they can really be fixed at All) and we DONT Want them…Sorry!

@CoH_88

6 ай бұрын

Yep they are def picky - his kind of cars fare better at his own used lot

@duanejackson6718

6 ай бұрын

Trying to hustle a profit without adding any value is a parasitical plan.

@loosebruce6637

6 ай бұрын

Flippers been driving up prices for years, such is life. 😁

Money's tight. And it's gonna get tighter. Watch yourself.

@ph1438

17 күн бұрын

understatement... goodluck everyone

U brought a BROKEN car to a high end car auction and ur surprised and disappointed it didnt sell

The problem with the Corvette is it’s a 2014 still has a C6 transmission and the miles aren’t super low. You can get a 2015+ for mid 30s for that

As a retired collector/dealer here's what I learned. Never buy at a Barrett Jackson auction. If you can't get a Friday or Saturday Barrett Jackson slot to sell then don't enter your vehicle. Next best place to buy is Scottsdale Pavilions Shopping Center only open every Saturday. Here you can take your time and take a vehicle your interest in on a freeway drive and even put it on a lift. No buyers or sellers fees. No taxes. One last learning experience is to not buy Canadian vehicles. They are recognized easily by not being air conditioned and have really bad under carriages. You have to get them up on a lift to see all under areas and they are usually rusted.

@mikeschmalz5312

6 ай бұрын

Very good advice!!!

@whereisthedollar

6 ай бұрын

Your thoughts on buying Mon-Thursday with know builders cars and or collectors cars at BJ. I'm in the East and looked up Scottsdale Pavilions couldn't really find anything?

@supersize75k5

6 ай бұрын

@@whereisthedollarpavilions is a car show going on the last 30 years or so. It’s not supposed to be or really is a selling platform at all.

@dwightsmith5174

6 ай бұрын

​@@whereisthedollar Scottsdale Pavilion's is NOT an auction. It's a Saturday car show. Sponsored by the McDs in the parking lot. A great place to see cars owned by enthusiasts - real people, not investors. Cars come and go through out the day. If in the area, don't miss it. Especially during the Saturdays big car auctions are in town.

@kennordsfan1494

6 ай бұрын

Yes any cars from eastern Canada are horrible yes you are correct. They use salt and it rusts them out horribly, but in the west were we are there isnt that issue But the air condition not being there really? Maybe 20 years ago lol.

You take garbage to an auction and expect to get top dollar for them. What were you thinking, lol

@minibikesandmowers

6 ай бұрын

"Garbage" 😂 Yeah I'm sure your vehicle is so much better than that corvette or skyline that he sent through there

@Duh_Huh_24

6 ай бұрын

Well, are you going to buy his course on how to be a car dealer? LOL

@kurts2650

6 ай бұрын

Maybe not garbage, but aside from the Skyline which appeals to a small hardcore JDM crowd, the other 4 were generic used cars you see everyday on the street. Boring. Auction buyers are looking for interesting cars you don't find everywhere. These were FB Marketplace cars.

@jamesireland9188

6 ай бұрын

​@@kurts2650Small crowd you obviously don't know much about Jdm cars

@AI-Bundy

6 ай бұрын

Taking a car that needs a paint job is not smart

I appreciate the fact that he posted a real video. I liked this format. Most car people do not have million dollar car collections to sell. Nice job and really enjoyed the video

Its nice seeing car dealers take it in the rear.

@3500camarz

25 күн бұрын

Lol

@billb89

2 күн бұрын

Without lube.

The lesson to be learned is to stick with what you know best!!

@agger838

6 ай бұрын

Can't learn if you don't try. Scared money don't make money

@markjapan4062

6 ай бұрын

USED CARS BACK HOME STAY AWAY FROM MECHUM

@aaad01

6 ай бұрын

Don't open the top until your safely in your shop.

@gregd882

6 ай бұрын

When you send S$%T box cars to "Mecum" There not going to command big money. For a guy whos been in business for so long, these bone head mistakes should have been made early on. Unless there all for these KZread videos. Don't get it lol

@flytoday

6 ай бұрын

but is that internet drama?

As someone who looks at a lot of old SLs, that car's worth about $6,000.

@powertothesheeple5422

6 ай бұрын

IKR, $15K good luck brother.

@stwhite5135

6 ай бұрын

Is that before or after he screwed up the paint?

@metooo-zo6dd

6 ай бұрын

Yeah he's crazy. He paid $10,000 for that. He easily paid $5,000 too much and on top of that the paint was all messed up. And PS who puts regular tape on their car. Does he not know anything? That's why there's a thing called painters tape and a specific type of tape that you used to put on cars. Not that stuff. He ain't very bright. If it wasn't for his dad, he wouldn't be successful at all full of nepotism

@jacknewberry5720

6 ай бұрын

​@metooo-zo6dd right even then thays definitely a repaint atock.paint duct tape wouldn't tale the clear off unless it was left on for a long time

@Whateva67

6 ай бұрын

Amazing how little low mileage Mercedes cars are worth.

The crowd looked like it was nursing home day at the auction.

I loved the camera crew for a special event, however the GoPro for casual walks around your dealership and others are great two. I think a mix of both, would serve you and the channel well. Great work, learning so much from you and keep being awesome. You are often a topic of conversation with a peer at work. His family owns a small lot and they buy cars at auction.

Craig, it was nice of you to send your cars on a vacation to Florida. I think the prices you expected were very reasonable. The attendance did seem to be low with no serious buyers with big enough check books. The video was really well done. Thanks!

@aaronbritt2025

6 ай бұрын

It was actually full of people with big checkbooks. Nobody wanted okay condition cars. They wanted immaculate six-figure cars. The Mercedes needs work, the Fox Body and the Vette are just a normal cars. If the Mustang was a police pkg LX notchback, it would've got bids. If the C7 was a ZR1, it would've got bids. If the R32 was a GTR, it would've got more bids. Special cars are what sell at Mecum and BJ. Not ordinary cars. I'm actually kinda tired of feeling like I'm picking on Craig, but it seems like he makes bad decisions for the sake of content.

@kagnewcobra5228

6 ай бұрын

@@aaronbritt2025 Craig knows exactly what he is doing! Pick on him all you want. He's laughing all the way to the bank!

@aaronbritt2025

6 ай бұрын

@@kagnewcobra5228 It's a good thing he's got you standing up for him.

@dummy9966

6 ай бұрын

@@aaronbritt2025 Couldn’t have said it any better. He brought junk. It wasn’t that no one was bidding, it was because you brought five Ford Taurus’s to a Gala.

@LEOhopeful

6 ай бұрын

​@@kagnewcobra5228 This video shows the exact opposite. He brought a bunch of cars that you would see every week at your normal public dealer auction. You can't say that they weren't buyers their. This was even more money than last year. There were more multi-million-dollar cars there this year than ever before. He just brought a bunch of trash you can buy on Facebook Marketplace Only a total idiot to the car business, thinks he can buy Cars sight unseen from one auction not do anything, and make thousands, at one of the biggest auctions in the world.

​Pays $12,500 for a Subaru. Sells it for $14,000. After auction fees, barely breaks even. Claims to make enough to ship the other cars home.

@williamburdon6993

6 ай бұрын

Its the internet, it's all horse shit. Everybody is a entrepreneur in 2020s till they all go broke.

@metooo-zo6dd

6 ай бұрын

Yeah this guy is a absolute tool bag. Just a rich white kid that fell head first into money because of his parents acts like he knows everything but knows nothing. Anybody that puts tape regular tape on the paint of their vehicle. Can't tell me anything. Anybody that pays $10,000 for a old car like that and doesn't look at everything. Especially check to see if the convertible top goes up and down. I'm telling you this guy couldn't tell me shit about life especially about cars. I wouldn't listen to him for anything

@petergerardijr3116

6 ай бұрын

He fibbed

@LuciferMorningstar-wk8qu

6 ай бұрын

This auction was an ABSOLUTE failure for him. Any other color and that GTR would have done much better. His cars just exude "flipper garbage".

@thebigpicture2032

6 ай бұрын

@@LuciferMorningstar-wk8qu yeah, if you paint a car purple, it has to be a keeper.

News flash, the economy is in inflation mode. Spending is tight on all levels. Car buying is the least of everyone's priority, unless it's absolutely necessary.

To me, this video shows how hard it can be in the auto business. Craig generally does well, but he has to put plenty of effort into this. Nice video.

@lakeseminole

4 ай бұрын

I thought the very same thing. And a lot of anxiety!

Don’t know why any one goes and sells at these auctions when bring a trailer and cars and bids exists. Barret Jackson is a rip off with all its fees and mecum used to be ok but sellers fee is BS.

@tikijojo

6 ай бұрын

I agree. These auctions are outdated and useful only in small amounts or niche vehicles.

@richardmorris7063

6 ай бұрын

Me too,they're greedy & eat up the profits. Think of how much they make over a four day span. Ripoffs

@brianaugust1594

6 ай бұрын

Agreed 100% The days of Barrett, Jackson and Meacum are Gone…Only a Fool would Pay those High Fees!!

@DF-et4gs

6 ай бұрын

That's all good but if they reject your car for any reason (which has happened to me) you'll have to list somewhere else. Sometimes these can be viable

@Bwill-hn2pc

6 ай бұрын

@@DF-et4gs cars and bids standard is lower than bring a trailer. I just can’t fathom, as a seller paying at least 10% and another fee based on day it runs and time it runs etc OR + what? 20% as a Buyer? 5% paid by buyer just makes sense. If cars and bids or BaT wanted to they could easily rent some space and start to schedule and build up in person auctions if they rally wanted too. They’ve got a back log of most vehicles.

Sorry the auction didn’t go your way. The film crew and edit are great! Same with the dynamic with your brother and Dad! Thanks for sharing

@leonardoluc6362

2 ай бұрын

Ego is to big for his head

"the money isn't here". YT dealer channels have been warning that wholesale auctions have been failing since December.

Florida is broke Graig 🤫 lived here for 30 years now everything is crazy expensive! I’m moving back up north. The amount of Corvette’s in FL is mind boggling! I can’t go 1 mile in my town without seeing 3 Vettes! Corvette retail listings are ridiculous down here! You can buy a 2023 ZO6 for just over 150k regular C8s are 60 to 70k all day long. Reality is hitting Americans buddy and it’s gonna be ugly! 😮 good job on the production 🫡

@pnum9618

5 ай бұрын

we will never get back to normal and things will get alot worse the dollar is dead the globalists are screwing us gas is crazy we are headed for dark times close the dam border for cryin out loud are goverment borrows a trillon per year wars and rumors of wars

did i miss something or did he say during the skyline sale that the auctioneer was making up bids fishing for bids up to $27k when he only actually had a real bid at $23k -- thats seems to be unethical if not illegal

@billstoys8324

5 ай бұрын

Yea it starts around 16:50 and they talk about it at 17:20 saying that it wasn't real money and the auctionier was fishing. NOT COOL AT ALL!! Just showed me that I would never trust an auction!!!

@jamesmclynn1236

4 ай бұрын

YES! and they also do this so when it heads over to the "bid goes on" section, it will show a high bid of $27k, not the actual bid of $23k.

This was an insanely more professional video. While I loved the old style this shows tremendous growth in your channel. The picture quality, the editing, the angles. It’s more cinematic than simply a guy with his phone camera. The camera crew did this video justice.

@robertbrown9785

6 ай бұрын

totally agree!

@SlimShady771

6 ай бұрын

These guys are idiots just trying to make it big on KZread. They know nothing about cars or how to run a business.

@A5M1TH

6 ай бұрын

Too bad he and his sidekick are arrogant fools.

@jotork3774

6 ай бұрын

Meatheads at Mecum.....duct tape ha ha

@jimkelly4214

26 күн бұрын

Better than Hollywood. They should be looking over their shoulder in L.A. Lots of competition on the horizon.

It can be a hard lesson when you think your cars are worth $150k and the market says they're worth about half that. I haven't seen any of your vlog-style videos, but the quality of this video is top-notch.

With Mecum, you need not worry about losing money on the sale of the car at the auction. It's the business office that rips you off with the sellers fee, taxes, transportation services (nightmare) and incompetent staff handling title and ownership documents. I bought a 1980 Z28 that they failed to produce the title for the vehicle and 3 months after the purchase eventually had to buy the car back from me because they sold a vehicle they had legal authorization to sell at auction. Horrible auction, Horrible staff and business office.

Follow your gut lol. You knew it from jump that it was a losing gamble lol

We were at Mecum earlier this month and prices were a bit soft. We are in a recession and many cars didn’t meet reserve. Great video Craig 😍

@markjapan4062

6 ай бұрын

TO MANY SELLERS OF SHIT CARS NO CLASS CARS. BIG MISTAKE

@hg2blackcat411

6 ай бұрын

WHAT. DID. YOU. SAY.? ​@@markjapan4062

@joshua_J

6 ай бұрын

​@@markjapan4062pretty awesome to see Mecum make up bids trying to get money when the real bid was only $23,000 yet the bid magically went up to $27,000. Lol. Mecum is a joke.

@richreicher2679

6 ай бұрын

Only the people who know what macroeconomics are and what recession means...

@kidynamite58

6 ай бұрын

Recession? It's odd that the markets are at record highs, I guess I don't know anything about economics.

You're better off retailing these cars direct to consumer. People at these auctions are looking for "deals" and tend to be more market educated than the average consumer, meaning they're not going to pay much. Just my 2 cents.

Recently watched some Mecum auctions on tv. It was evident that they didn't have adequate shoppers/buyers and many vehicles went unsold. Enjoyed the coverage you provided it seemed more professional but cant say that I loved it any more then the solo camera work you do yourself. It was a bit more jumpy then I would've expected for a professional.

This says everything about how the economy is going and how people are viewing things

@drjohnosterman9681

5 ай бұрын

No I think this shows how to try to sell cars for more than they are worth in the wrong place. Give me a plaid suit next to the high way in a popular town.... sell them all day long

@BruceLee-xn3nn

4 ай бұрын

People are holding on to their savings instead of buying toys.

@FINfinFINfinFINfin

14 күн бұрын

Those cars were junk.

Sorry Craig this sale was a disaster financially,kudos to you for following thru and making it interesting for all of your viewers,the fact that we got to see you interacting with your brother and Dad is so worth it.Keep it up and love the videographer doing all the recording makes it so much more viewable and keeps you free of messing with the Gopro etc.👍

It is over for the car market. Cars prices are dropping like a rock. The consumers are tapped out. The only thing people should be buying right now is gold and silver.

That 5.0 is nice, I remember a neighbor of mine had a 91 white LX fastback in manual, and a 96 white ford probe in manual (showing my age here) but I remember thinking that would be my dream garage. Now probes that weren’t sent to the crusher are all in garbage condition because people already knew they wouldn’t be collectible

@AI-Bundy

6 ай бұрын

He was asking a reasonable price for it

@davestewart2067

5 ай бұрын

The “probe” was supposed to be “mustang IV”. Good heavens that didn’t happen.

The filming and editing was amazing. Your brother is a great addition to the videos. Hit the ground running for the next one with lessons learned. Thank you for the content it’s helpful and entertaining.

When the economy goes soft so do the middle and low end buyers. Quality high end will always sell. You should have just sold locally but a great learning experience

Thanks Craig for doing this as it's something I've thought about for a while, and now with your disastrous experience, I can forget it. I've been a small dealer in TX for 5 yrs now as a side gig because I love cars and providing good exciting vehicles for others that like them - "life is too short to drive boring cars" another KZreadr once said. I really thought what you did would be fun to do, but I've seen Mecum and BJ auction prices coming down and dealer auctions (I usually go to America's Auto Auctions) going up over the past few years so I've thought there's no margin in it, and you confirmed it. Thanks!

Content + video production is outstanding. Why you are one of my favorites to watch

I really think that your cars ran at a rough time/day. I'm sure it's more expensive to get a better slot, but that place was dead! Just went to Barrett jackson scottsdale yesterday and even at 6-9pm the place was full with lots of money. Love how this video was filmed, especially for a series like this. Still like the vlogs for normal vids

@LuciferMorningstar-wk8qu

6 ай бұрын

The only thing that was rough were the garbage cars he tried to sell.

Craig, I was at Mecum on Jan 5th and the majority of the vehicles were moving on to the “bid goes on”. I had a great time looking at all the cars, but the auction was somewhat of a disappointment. Very few bidders.

@XXLDUDE

6 ай бұрын

Looked really dead in the vid. I go to Barrett Jackson Palm Beach every year and it’s packed out every day. It’s crazy seeing Mecum that light on foot traffic.

@agger838

6 ай бұрын

Prices are collapsing on Vehicles. No one wants to buy, everyone wants to sell

@flatlandAutoSales

6 ай бұрын

​@XXLDUDE it was on a Monday. I was shocked there was that many people there

@joshua_J

6 ай бұрын

​@@XXLDUDEit's crazy literally watching Mecum place fake bids on cars trying to get them to sell. Real bid $23,000 yet Mecum said $27,000 bid looking for $28,000 knowing he would sell it for that. That's why Barrett Jackson with zero reserve is better.

@XXLDUDE

6 ай бұрын

@@joshua_J I agree and I feel like the cars at BJ seem to be better quality overall. I’ve seen quite a few fakes claiming to be popular cars go through mecum and then the buyer gets screwed when the truth comes out. Like Stacey David’s copperhead a few years ago.

You were great in this Craig!! Love this style and was a great culmination of the series

Time for sellers to realize that prices are coming back to earth in every collector market. Greed is about to get tempered.

Screw the camera crew.....I like your original way of filming....Loved every bit if this tho...hope it doesn't bite you in the butt money wise...Stay true to yourself...AWESOME CONTENT AS USUAL!

The bidders at the auction were looking for steals-in this declining economy selling at a dealer auction will just bring pain and tears 😭. Great audio and video but don’t need it all the time. In this video it was spot on. Enjoyed your father and brother in the vids😎!

@recoilrob324

6 ай бұрын

Funny that cars he bought at auction a couple weeks ago were bid right about the same price as he paid. Auction buyers know what things cost so unless there's been a major upturn in pricing they're not likely going to pay more this week than the car sold for last week.

@RDA8191

4 ай бұрын

But the Whitehouse keeps telling me Bidenonics is great for us 😅

Hey, I loved the new production! A huge step up and I'm only 2 minutes in! Having your brother and dad in is almost a new channel! The whole family working to find the deals and the hazards of auctions!

I been to several auctions lately. The high dollar rare stuff seems to sell, but about everything under $50k was not selling. Muscle cars and some old school hot rods was selling around $30k. Nothing else was selling. This economy has most people scared. The first signs the economy is going down hill is the toys stop selling. A guy that was making $100k four years ago is really making $75-$80k in real money today with inflation. People are starting to see it. The housing market is slowing down here. Looking at a house tomorrow that ran its contract time with the realtor. The home owner could not sell his house in 180 days with a realtor. He called me to see if I would buy it once the realtors term was up at a discount price. A year ago people was still paying over asking price in bidding wars. If this guy sold the house a year ago he would have made $100k more than he priced it to me for. Times are crazy and only getting worse going into an election year.

This looks more like a real TV show Craig. Nicely produced and well done! I don't think you said the same thing several times in it. 😂 Great job and good luck with the 3 left over.

Hell of a way to learn a lesson about that auction. It's a crazy process to go through and not know if it's gonna pay off I've always watched those type of auctions with my father he enjoyed telling me about the cars and showed me photos of the ones he owned

Car market flipped now. Mecum is showing it. Good luck out there!

Buying cars from Adessa and Manheim Auctions to flip at a Mecum auction is doom from the start, but you never know until you try. On a positive note you got some time out of the cold winter stuff here and enjoyed some nice weather, that alone is a win!

Regarding the top working.......You should know better to believe one of your own!!

This production quality is where its at. I love the new changes and imo it will take you further in KZread. Ive enjoyed watching your channel change and grow over the last few years.

This is why as a buyer, I've been Online and R/D No reserve at BJ. Some great builds and cars by some reputable folks could be brought early Tues-Thursday. Even with the premium.

Seems that it often works out terribly for both sellers AND buyers at Mecum and Barret Jackson car auctions. It is the auction house that laughs...and walks away with all the money. They make a profit simply to show the car and then make 20% for every car sold; 10% buyers premium and 10%sellers premium. Those purchasing classic cars at auctions have no idea as to any internal problems that could result in thousands of dollars in repair costs. You can also hire a mechanic to inspect a car before purchasing it from a private party or even a dealer, versus buying it at an auction, where the proverbial, 'lipstick on a pig', often comes into play.

The people making $$$ are the auction houses. They get a fee just to run the car thru (price varies depending on day and time), they get 10% from the buyer and seller. Sure, they have to rent the building and pay some auctioneers, but they must be doing well with all the auctions that are popping up.

Looks like you didn't bring $150,000.00 worth of cars. Looks like their value is way less. You guys are all over valuing your cars like so many others. Everything is hyperinflated in value in the sellers' opinions.

@patrickbrady519

6 ай бұрын

What a waist of effort, time, money, All the hours , then... Reality hits ya across the face.😢it was a BUST

Good. These outrageous prices are finally inflated to the busting point. Social Media has trashed the car culture and scene. About time the “real” car guys take their hobby back!

I appreciate the transparency showing things don't always go perfectly like in the real world. Nice Interesting Video. 👍

This new video style would be awesome for a TV show, especially with your dad and brother in it. It blends together really well and doesn't feel awkward or forced like some car shows on TV these days. Great video!

I’m digging the family vibes so natural I love it looks like it should be on tv.

Lots of haters here Monday morning Quarterbacking. I agree that he didn’t make what he wanted on the cars, however, I’m betting he’s still very happy with the trip. First of all, He got to go experience a very cool car event with his Father and Brother. And secondly, I’m assuming he is able deduct the shipping costs, travel, lodging, food, etc. costs of the trip from his business taxes for the same year. I’d love to be able to do that to experience one of these iconic auctions. Nicely done Craig!

Great vid, Really appreciate the actual true style... Hard to find today...

Just my opinion and I can be way off base, I think the Vette had to many miles at 76,000.

@sanfranciscobay

6 ай бұрын

If the Car was always garaged and maintained with highway miles, it has another 75,000 miles remaining.

@louisstennes3

6 ай бұрын

At a normal auction I agree but this is a Mecum auction and that makes a difference.@@sanfranciscobay

@2Greenlid

6 ай бұрын

Agree, sports cars driven hard with that many miles!

Thanks for sharing your experience. Your video is quite high quality. It confirmed my observations that it is a struggle when there aren’t a lot buyers with cash burning holes in their pockets.

Who cut your hair? Nick Lachey?

I had my car and truck rebuilt so the thieving car dealers don't get any more of my money. They have been charging $20000 more for muscle cars and trucks than they are worth. It is their own fault, greed is now destroying their business. The CEO's are learning the hard way and showing their stupidity. When you steal from the people that are putting the bread on your table and they find out what did you expect. Greed Kills!!

Hola Craig! Juan from Viva La Máquina here. Was great to meet you and your family. So this is my assessment: 1-We cannot compare this professionally done video with multiple cameras to any of your previous videos. The definition of the video, framing and editing are on point. 2-Your family do great on camera, especially your brother. 3-The loosing your shirt part was a self inflicted wound. You and we all have been waiving the red flag about the market going kaput. 4-Best video yet, concise with minimum whining. Comparable to anything that Speed or Discovery puts out!

Best sound at an action you’ve ever done. Fun going professional for this viewer I enjoyed the inside scoop on selling cars at the Mecum auction Thanks

@SlimShady771

6 ай бұрын

Don't do what these idiots did. They lost their ass when you factor in your time, what a waste. He's from new Hampshire, Mecum does an auction in Connecticut. What a bonehead

Attendance was low. Not sure I would do that again. A bird in the hand is worth two in the bush. Enjoy driving the Corvette around this summer!

Good video!!! Corvettes are over rated. It's like a boat. The best day is when it's sold😂😂

Immediate takeaway: I think the camera crew is worth it for the “big” adventures like Mecum. I started watching during COVID and the candidness of the 2020 content (selfie sticks and simple editing) is fine with me. I look forward to seeing what direction you go

Craig the amount of work that went into this video is truly amazing! I love that you invest so much time into making these and putting it out for us to consume. Top quality content! Keep up the good work lads!

What about the rip in the Mustang Conv. top? was it fixed,or thats why the boot is on.

If you buy a car, it should be because you really want it, and you should not buy it because you think you can make a profit from flipping it. Cars are not real estate, very few cars appreciate like real estate or jewelry. Cars are not assets, they are possessions. Sometimes prized possessions make money, but very few of them do.

What awesome production quality! Great job stepping your game up Craig. I can't wait to see more of this. You'll hit on the next auction!

Craig stop going to Mecum Auctions.....Just watch them on TV like the rest of us.....Stick with what you know.....Your local market and local buyers that want cheap Honda's and Jeeps.......You wont do this until its YOUR idea I know but do it...

@ryanantrim5780

6 ай бұрын

Also.....the cars are going though on the wrong day. The money isn't there on the 1st day of the auction.

@brewgardsrg

6 ай бұрын

I agree, stay away!

Your dad looks young and old at the same time. He has a full head of gray but not a single wrinkle LOL

I like the professional camera crew you hired for the auction. It might be something you want to do in the future for special events like this. For your regular vlog, the gopro is perfect. As for Mecum, the Mustang, Vette and Skyline were the right cars but as someone who has sold classics and specialty vehicles at Mecum, Barretts and other auctions like this, I can tell you the time and day are very big factors in the dollar amount you get. A car running on midday Weds will always do less money than an evening Friday run number. Just like running a car at the Auto Auction of NE, The car running at 10am will always do better than 12:30. There is a strategy when selling at these auctions. Feel free to reach out to me. .

You live and learn. Had an experience at the Meacham Auction and spent time with your dad and brother. I like the new format.

@markjapan4062

6 ай бұрын

SHOULD HAD PLAYED GOLF ..AND LUNCH AT THE CLUB

Another knockout video Craig! I like both your styles of videos. Just keep feeding us more great car content.

That vette is sweet. Can't believe that didn't get bid on.

You've definitely improved the quality of your videos with the camera crew. The documentary feel is much better, especially when you're including your brother, father or anyone else in the shot. The selfie approach is fine if you're vlogging at your dealership. The wider shots make it more interesting, plus the camera crew can get other shots that'll give you more options in the final edit.

The whole car market is a buyers market. Cars will keep on coming down for all of 2024, so auctions will be great to buy probably not so good to sell.

11:33 there is barely any people there at the time of the bid on corvette! The room is atleast half occupied

I can't believe you ran the car with the messed up paint and the broken convertible top through the auction. You should have brought it back home, fixed it and sold it through your dealer. You were never gonna get top dollar with that paint. When a buyer sees that they're gonna think wow they don't even give a shit about this paint, what else don't they give a shit about?

I'm a dealer and I took a mint condition 2005 Roush Mustang to Kissimmee at mecum's auction and it was a disaster! Unless it's an unusual high dollar car the only person who makes money is Mecum! Their fees are absurd not to mention the incredible amount of time an energy it took for the whole auction process. Never again!

I enjoyed the camera crew. I thought it was nice for a video like this. I also enjoy you filming your normal way as well. For normal stuff around the shop, keep it how you have. But for the finale of a video series you've been working on, the camera crew was a nice touch.

Economy is bad, but wow didn't expect it to be this bad. Sheesh!!! Economy is worse than I thought!!!

@Buck_298

6 ай бұрын

What do you mean? They tell you on the news every day that the economy is very robust!

@jimkelly4214

26 күн бұрын

​@@Buck_298The pro democrat party media says everything is wonderful. But we know better don't we. MAGA!

Who would have thought a basic GTST, run of the mill Corvette, and random Mercedes with peeling clear coat and busted roof wouldn't sell at a Collector Car auction? None of those cars are remotely rare or that collectible. GTSTs are rare to see, but not a rare car given the ease of availability to buy. These are all cars you toss online and wait for the one out of 10,000 people who want that specific car to come around. These auctions are kind of weak anyway now. Thanks to people bringing junk in with a new paint job and ruining the prestige of what it used to be. With that said, production value was really good. Video was good, commentary and interactions were good. Just stay away from collector car auctions with non-collector cars.

Selling collector cars is a MUCH different proposition than selling average mass-market used cars. As someone who has spent my entire life in the car industry, I would advise you to choose one lane and STAY in that lane. The two categories are too different from each other to be successful at both. Specialize in ONE!

I feel for ya Craig hope i can do my part and watch this Iconic video incoming......Looking forward to it

Craig, I’m actually deployed in Japan right now and I’ve only seen one skyline that compared to yours, and I’ve seen 8 or 10 of them. That one was a red wide body. You did a great job with it!! If I had the money, I’d be coming home with one lol.

@LuciferMorningstar-wk8qu

6 ай бұрын

He could have painted that R32 literally any other color and gotten good money. He put a V-spec paint job on a base model car and was hoping for a miracle. A fanboi might have considered it but the purists were laughing at it.

Keep your head up Craig and keep asking the right questions and learning. I bought and sold cars for my dad’s dealership and when you’re dealing with the cars you have you’re way better off selling direct off the lot or online. They’re ordinary cars. Bring some extraordinary cars next time and find out what the market is wanting first. You got this!

Right now people just don’t have the money. I’ve been trying to sell my 75 C3 Corvette, people like it. They want to trade for it.14,000 and I have a lot more money than that into it