Quote:
Originally Posted by 70rs
I saw in an interview with him(Dana) that when it came up for sale that he "put together" a group of investors to cash out the seller. That amount was never mentioned in that segment, but later during the sale he had a camera right behind him when he told the high bidder he could get it for 8 mil "all in". He also said there was a bidder registered for up to ten million but that person never bid on the car.
I think that car would bring more in a different venue. I am no expert by any means, just a guess.
 |
You may very well be right, all I was saying is that being that the owner or one of the owners of the car has his own auction company it wasn't going anywhere else to sell. I've been told that they lost money on the car, but how much promo value did Mecum get out of it? Hard to put a value on it.