Signature 5 at Mecum Dallas Oct 6

[Flassh]

Sig 5 is back on the block - losing track of how many times Mecum has had it at one of its auctions. Each time, it fell short of the second highest bit at McDormans last November.

It is Lot T114, Thursday, October 6th.

When we saw the truck at McDormans, it was in very good condition, well documented, complete with the scrapbook and the ellusive pewter, as well as posters, autographed videos, etc.

It should be in the hands of a Fanatic somewhere. I suspect after several no sales, that Mecum will set a lower reserve on it.

Predictions on selling price?

[MnMsToy]

$43,500

[Doug Allen]

$ 38,500 gavel price.

[bgetz]

32K

Bad economy for toys

[ssrtruck]

Should be $43k but anyone following the BS with the Mecum auction should not even consider buying or selling anything through that company.

[Flassh]

Originally Posted by Doug Allen

$ 38,500 gavel price.

Originally Posted by ssrtruck

Should be $43k but anyone following the BS with the Mecum auction should not even consider buying or selling anything through that company.

Mecum had a "real" bid at $44K for Signature 5 at McDormans, and it was bumped to and "sold" for 45K, possibly anticipating the bidding would continue to the range Signature 4 sold for. If so, the auction group got stiffed by a buying group more astute than they were.

Assuming they have no commission costs, and still got whatever was agreed to as a commission from McDorman on the original sale, by the time you factor in moving the truck to several auction sites and detailing it prior to each sale, they are into the truck for a pretty good chunk by now.

All they can recoup now is the buyer's commission on whatever the truck sells for.

My guess is they would have a reseve of $40K on it, and the truck will roll off into the sunset again - The Bid Goes On

[Flassh]

Sold for $36500 plus commission.

Sweet deal on a great truck.

Mecum took a beating on this one.

Supercharged black 03 with 9000 miles up for auction on Saturday. Lot S80.

[Doug Allen]

Not a good time to sell a Sig evidently.....

[Buffalo]

Originally Posted by Doug Allen

$ 38,500 gavel price.

Originally Posted by Flassh

Sold for $36500 plus commission.

Sweet deal on a great truck.

Mecum took a beating on this one.

Supercharged black 03 with 9000 miles up for auction on Saturday. Lot S80.

You got pretty close there Doug.

[Indy500SSR]

Saw the new owners (I think) drive it out today. They threw the documentation in the bed and closed the tailgate 1st.

'03 Supercharged SSR went for $25,000.