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By 1947, the new building with four lanes to auction vehicles opened and soon the partners realized the general public was purchasing their vehicles at the auction instead of their dealership franchises. This action prompted the partners to make Manheim Auto Auction a dealer-only enterprise, making Manheim the largest auto exchange in 1959. [2]
Meantime, the median price of a single-family home statewide has climbed 71% in five years, while the inventory of homes for sale has declined by 65% during that time, according to the New Jersey ...
Motor vehicle manufacturers based in New Jersey — companies currently or formerly having their primary base of operations in the state. New Jersey portal Automobiles portal
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.
The Crane Motor Company of Bayonne, New Jersey, built automobiles from 1912 to 1915. The Crane Model 3 was a six-cylinder car offered only as a chassis. The chassis was priced at $8,000 (equivalent to $246,626 in 2023), the highest priced American chassis on the market.
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