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Mecum Auctions was founded in 1988 by Dana Mecum, [1] a car enthusiast whose father operated a dealership in Marengo, Illinois. [2] [3] Dana Mecum initially bought 40 semi-trailer trucks in the 1980s, and traded 10 of them for four houses which he rented out.
Auto auctions are a method of selling vehicles based on an auction system. [1] Auto auctions can be found in most countries and are usually exclusive to licensed automobile dealers . In a few countries, such as Japan , auto auctions are well known and used by most residents.
In 1968, Ritchie Bros. Auctioneers held its first auction with gross proceeds in excess of CA$1 million, in Edmonton, Alberta, Canada. [4]: 39 Edmonton was also the site of the company's first permanent auction site (on company-owned land), which was established in 1976. Until then, Ritchie Bros. had been conducting its auctions on leased land.
[10] [11] In 2022, Carvana acquired ADESA, the nation’s second-largest wholesale auto auction chain, for $2.2 billion to increase its real estate footprint. [12] In response to the COVID-19 pandemic, Carvana introduced touchless delivery and pick-up in March 2020. [13]
Celozzi-Ettleson Chevrolet was a Chevrolet dealership located in Elmhurst, Illinois. Advertised that it was the "#1 Chevy dealer in the nation", it was owned by Nick Celozzi and Maury Ettleson and operated at the corner of York and Roosevelt roads from February 1968 to October 2000. [1]
Mecum Dealmakers is an American reality program airing on NBCSN.The series takes a behind-the-scenes look at Mecum Auctions, America's biggest collectable car auction facility.
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