I MIGHT GET CANCELLED FOR THIS MECUM MOTORCYCLE AUCTION REPORT
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- Опубликовано: 6 янв 2023
- Dave goes to the Mecum auction in Orlando to buy a motorcycle and gives his honest report. Why is Dave so disgusted?
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Ive been to a number of auctions from Monterey to Atlantic City back in the 90s. A friend listed a bike with Mecum that I’d rebuilt. I knew it would go for a big number and it finally sold at the Vegas but not the way we thought. We “no-sale” the bike at Monterey. It was the second day of the auction and it went up on the block around 10am and very few bidders chimed in. Mecum then took it to Vegas for their January affair. Once again it went up on the block on Saturday and again did not hit reserve. Mecum’s motorcycle rep approached us and said that a “bidder” was willing to pay us a fair price for the bike- actually more than what the owner had in it, and we accepted the offer… but Mecum wanted about 5% of the price as their compensation. We agreed and the deal was done.
A couple months later I went online to see some of the recent results and saw that the same bike was being listed as sold for about $20,000.00 more than they paid us. None of us lost money on the transaction but it makes me wonder just how much flim-flammery goes on with these auction companies.
Who pays prices like that? No Mecum for me. Thanks Dave!
You're welcome
We helped at a Harrisburg Mecum. I had to fight with them to get paid. It took months as they hoped I would give up. I did not and finally they paid us.
Some of the comments have been really helpful, especially noting stuff in the terms and conditions. I almost should do a second video to warn people how slippery they really are. So, I guess I am not surprised. I'm glad you eventually got paid. PS: I bought three bikes at that Harrisburg auction. That was some time ago. My guess is the venue has gotten much worse as they have grown.
Retired car dealer who spent 50 years at dealer auctions. Anytime you let the public in the front door,
it's no longer an auction.
What does that mean?
Yes, sounds like Auctions without public bidders...but, who are the buyers?@@terrybarton8388
@@terrybarton8388 Retail not wholesale.
Insane prices. I am suspicious of internet " bidders" are a shell company pumping numbers.
Don’t be suspicious. Car dealers bid up their own merchandise all the time.
@@billcarson1971 it's bid rigging illegal actually.
I reported one auction to State police .
Years ago my company would bid salvage auctions, because we were motorcycle based we stayed away from cars and trucks even though my knowledge was pretty deep on cars and trucks. What would happen often is the "bike" bidders would drop out of bidding on a bike or bikes due to "car people" bidding way above what the bike would ever hope to be worth, I lost track of those calls the next day asking if I was "still interested in it", when I told them yes at my last live bid you could hear a pin drop, then I would hear "but I paid $XXXX for it" to which I'd repeat my offer and then wish them a nice day.
Similar things take place at these various bike auctions by car guys using their buddies as shill bidders to drive up a "no reserve" sale, the give away is when these various lots keep turning up in auctions held in other areas for the same money, the auctioun house likes it because they always "get paid".
I attended several auctions in my life and came to the same conclusion as you. My pockets aren't deep enough to play that game.
Yes, the big ones are the worst. Some of the smaller ones are honest. Gotta keep your guard up.
Sparta NL250 - 1954
As a lover of Dutch motorcycles, the largest Dutch motorcycle brand should of course not be missing from my collection. And of course I'm talking about Sparta. Sparta built motorcycles from 1931 to 1960, a total of 26,641 units, of which 5,052 were for export and therefore no less than 21,589 units for the Dutch market. Highlights with more than 1000 units per year were the years 39 and 40, and 49 to 56.
The beginning of Sparta was in 1917, when Messrs Verbeek, Schakel and Krijgsman founded a "wholesaler in bicycles and bicycle parts" in Apeldoorn under the name Verbeek & Schakel. Shortly afterwards, several brand names were acquired, including Sparta.
In 1931 the first Sparta motorcycle was released: a heavy-duty bicycle with a 74cc Sachs built-in engine. Just like my 1932 Hulsmann and my 1934 Simplex . After several of these bicycle-like models with pedals, always equipped with a 74 or 98cc Sachs engine, the first real motorcycles without pedals were also released in 1934. There were 2 98cc variants, one also equipped with the 98cc Sachs block but now in the variant with kickstarter, the other with a 98cc Villiers Midget engine with a separate 2-speed gearbox. There was also a 150cc Villiers. However, the variants with pedals remained in the delivery program until 1937.
In 1935 a model with a 200cc Villiers engine was added, and in 1937 models with a 120cc JLO engine were available. In 1939 there was a switch to motorcycles with 125cc JLO and Villiers (9D, better known as AAA or 3A) engines, still under the 60 kilo limit that provided an exemption from "personal tax" (a tax on luxury goods).
Even in the first years of the war from 1940 to 1942, Sparta was still able to build motorcycles, of course no longer with the English Villiers blocks, but exclusively with German JLO and Sachs engines. In 1945 the thread was resumed with leftover Sachs blocks, but from 1947 onwards 125cc Villiers 9d engines were used again. Strangely enough, it hangs diagonally forward in the frame, allegedly because in this way a remnant of the exhausts intended for the engines with Sachs blocks could be used. The scarcity of materials in those years forced creativity!
In 48 and 49 both 125 JLO and Villiers (still 9D) blocks were used, but at the end of 1949 2 completely new engines came onto the market. These were equipped with a new frame with telescopic front fork and plunger rear suspension. The newer Villiers variants were used as engines, the 10D with 125cc, and 6E with 200cc. In 1951 a variant was added with a 250cc Victoria block (the same as in the Victoria KR25). In the years that followed, this engine block was further developed (and their own motorcycle was eventually renamed KR26), with power growing from 9 to no less than 14 hp.
In 1955 Sparta released what turned out to be their last generation of motorcycles, with a plate frame and the then fashionable 16 inch wheels. This model was available with the same Victoria block, but for the demanding motorcyclist also with a flashy JLO 2-cylinder engine of (also) 250cc.
As mentioned, I also wanted to have a Sparta, and a specific model. I wanted one with the Victoria engine, because I already have the various Villiers engines in my Hulsmannen. And because I think the plate frame is a bit too modern, I really wanted one with the tubular frame. And of course preferably the strongest 14 hp version.
In April 2019 I was tipped off that one in nice condition was for sale. After a short viewing and test drive, the purchase was quickly concluded, and I am now the Sparta owner. Here are a few photos:
www.motorpaul.nl/klassiek/Sparta/SpartaStart.php
absolute insanity at auctions, which is why I would avoid them. People get caught up in the emotion of the auctioneer and bid too high.
Big auction today in Vegas. Prices are all over the place
Like anything in life motorcycles are worth what someone is willing to pay for them. You may view someone as being crazy for paying more than you would but sometimes those motorcycles are memories.
I've gone to the Vegas auction six or seven times and there certainly good deals but you have to know what your looking at. There are plenty people from all over the U.S. and Europe who are satisfied and go back every year.
If you get there the day before the auction starts many times the owners are around to answer questions and provide documentation. Many if not most motorcycles that are being currently sold at Mecum auctions are prior to 1985 so the supply is limited on many models like the Turbo Honda 650 which they only ever imported 2000.
First of all, the 3 Wheeler was RIFE with safety issues and the big 3 went to a 4 wheel model to avoid further liability. I had lots of fun on a 3 wheeler, but also had my fair share of "close calls". The wheels bounced wayyyyyyyyyyyyyy to much and jumping them was a huge risk, though at 16 we felt like we were bulletproof until one day one of my buddies bounced his right on top of himself killing him there in the field. After having to notify his parents, I sold mine and got a 4 wheeler instead.
Sold on a bill of sale means NO TITLE............Those prices are 100% insane for that condition. Now I know why FB Marketplace seems to think their sheet is made of platinum ........... Not to me it isn't !!!!
When someone starts with "first of all", you know its gonna be good! And I couldnt agree with you more
It's never a good deal buying at a action with all the fees, and your right you need to look it over in person lots of junk out their..Actions are a great place to sell but again not cheap with all the fees..
And at an Auction you have bidders from everywhere with deep pockets. Its impossible to get a cool bike when its collectors stuff. Collectors have lots of money for their interest. If you want a 40 000 $ + bike, no prob, its not for riding all day. If you look for a CX 500 or a 1995 Honda CBR you dont have to visit an Auction.
Good thing you made it. We need another Mecum commentator.
Well, that was last year. But we do seem to have more content on the subject this year. Me included.
I went to a local auction in Spokane WA, in hopes of getting a deal on one of the used Snow Blowers there , but people were bidding up and paying $1400 to $2300 for the same exact ones that were new, in showrooms for $800 at the time. I'm glad I had done my research, man o man , gadzooks & WOW !
Yeah, sometimes. I hate when its a waste of time, but them's the brakes.
Always a buncha hype. Buy bikes from the owner in private sales.
Call that out for what it is homeboy that's bullshit 💯
Honestly i dont think they care about reputation anymore,commissions rule.
I think some of them commented here, just a few. Money fails. Reputation does not, or so it seems to me.
6k for that 250R is honestly about the going rate, no info on hours and history, OEM plastics? without knowing that simple stuff, na $4k
I have never seen any endeavour where there was a possibility of high returns that wasn't tainted by some scurrilous behaviour. The more money the more likely the scamminess. If I was going to design a business with scamming in mind I would have a hard time coming up with something better than big buck auctions.
Yeah, the bigger the pile of money, the more vultures are circling above it.
Here is the deal. Some of those bikes are owned by the auction company and their employees. They use fake bidding to trick someone into thinking it is bringing a high bid and they bid. Sometimes the auctioneer sells it to them and sometimes the auctioneer trys to run the bid up higher with more fake bids. If the auction company doesn't get their fake bid, outbid, then they just store it for a while and try the same scam over and over until it sells. They don't lose anything by not selling it. When they sell for independent honest sellers, their stuff gets sold cheap and the auction company buys it to resale. Often the auctioneer will pretend he didnt see someone trying to bid and sells it to the fake auction company bidder. Some of those people sitting in the auction bidder chairs are actually employees of the auction company helping perform the scam.
I hear so many stores. Everyone should just be careful out there.
You don't see Blueberry because they never made one.
somewhere in my pile of stuff I have a catalog. I grew up with an Orange Krate
Interesting content but you need to put a muff sock over yer mic so we the viewer don't suffer hearing damage from auction pollution. People -bike and car - sellers are more often playing on buyers stupidity by presenting fake authenticity, inaccurate originality. Buyer very aware indeed ⚠️⚠️⚠️⚠️⚠️ thanks for taking us along on that goose chase. From New Hampshire ☮️✌️
Love that term "Auction Pollution". That's all the chaos in the background, which is there by their design methinks!
Awwwwwww man, I really need that first schwim push bike in my life, hell yeah 😊
Yes. I think you do!
After going to many MC auctions I learned early sales are usually way too high, the bargains are usually the last ones.
I think it all depends. Sometimes they dont get going at the beginining.
Hi Dave, I've lurked on your channel for some time now but tonight I finally hit the subscribe button, I do like you variety of content, although a bit different than my channel it is nonetheless interesting.
Welcome. Now I'm checking out the dragbike on you channel. Thank you. I'm restoring one which has a bit of fame with some help from others. Someday it will be done and I will do a video. It's Larry Nance's Magnesium Frame Sportster and AHRA National record holder
@@bullpencycles That is one of several we had over the years, the records it set still hold and we still have it.
The last Mecum auction I attended I didn't stay an hour, bunch of crap flipper stuff with bad paint and poor fit. They were describing stuff on TV like they were showroon new barn finds. Total hoax. I'm done with them.
Yeah, its tough to stay. Sometimes I buy stuff that gets overlooked but its a combination of buying/leaving in disgust
I have been buying at auctions most of my life and I don't like the fact on a 3,500 dollar item they don't take $100 bids they actually are hurting themselves let's say you wanted to pay 3000 to 4000 for a item if you bid 3500 the next guy bids 4000 you are done because your next bid is 4500 where they probably could have got 4300 out of you the seller lost 300 anything under 5000 should be in $50 bids $100 max
Some things are irritating.. by design.. great video tho, thanks
Thank you!
It seems to me like there is quite a bit of stupid money at these events. (Similar to old money but without the Harvard education)
They say, there is a but for every seat. Even the $$$ ones!
Caveat Emptor! They don’t care about their rep. They care about money!
Did you see that messed up VIN in Vegas! Wow!
I really detest these slick sales ppl, i travelled half way across the country testing and viewing several bikes bf purchasing my 2000 Transalp (last year for carburated bikes here in the EU). Many kms. and gas stops later i'm still happy with it, worth the effort.
I included some Sparta history for you, they now only fabricate bicycles, sturdy and reliable as ever.
Groeten uit Nederland🇳🇱
Boy, thats a good history on Sparta - makes me want to find one! Thanks
I yust love your vlogs.
Thank you Leo!
OK, in fact its not Mecums or any other Auction response if a seller wants a high price and a buyer pays it. Or, if Jay Leno pays 60 000 $ for a bike and you have only 20 000, so its not by the Auctionator that you cant buy it. I never was at a Mecum Auction but i watch some YT vids about and in my opinion some bikes had crazy prices (i never understand who pays 110 000 $ for an old BMW) but some had normal or good prices. And another reason is that in Europe/Germany many bikes are really rare but have a big fan community (the old CB 750 or all Z from 1971 to 1979) and can be sold here for lots of money (its not unusual to offer great restored Z 900 for 20, 25 000 $. So Resellers or collectors find good bikes in US.
I saw some of this at Mecum and wish i could buy that.
Some bikes were only normal and no one wants to buy a normal Mass bike for a normal price at Mecum, or: If i want a 1994 Hayabusa i must not bid at Mecum, internet is filled with that.
Finally: Mecum dont make the prices, they only bring seller and buyer together.
If you want to buy a Microsoft share for 200 $ but the price is 300 at Nasdaq its not the fail of the Broker.
Well, that's not exactly true. The house can and does bid at least up to the seller's reserve. Its right in the terms and conditions in paragraph 16. The buyer often does not know he or she is bidding against the house. You'll often see it when/if the bid collapses. Gotta be careful out there.
Is that the rambo dual sport?
Yes it was
That auctioneer is way too loud!……
Yes! and Yes!
wtf is the deal with the marching beatbox bs ??
Noise!
No deals at a public auction.
People just dont have a clue what they are doing!
No, sometimes, usually when its really weird.
Why don't you get some of those over priced bikes at the cheap price you refer to and bring them to the next auction and make a big profit ? Making money beats the hell outta complaining !!!!
Keep watching, they're out there!
He’s sketchy, he started out with a car dealership in northern IL years ago. Sold a bunch of junk for way more than it was worth, I believe he lost his business license and left town to start this one.
Mecums that is, just to clarify
Be careful. Dont want to be wrong tho.
What the hell is the auctioner calling?
I think they purposely yell out bids before the reserve is met, adds to confusion and excitement, the terms let the house bid up to the reserve. Best bet is to set your price and do your best to ignore the confusion, which may be purposeful. If it doesn't seem right, pause. It's OK if you know what you are doing, but buyer beware. Doesn't seem right though. And always ignore the description. I'm still going, bidding and hoping, but with caution.
There are various types of games the auctioneer plays with the crowd. Most of them legal. House bidding, blind bids, roof bidding and on and on. If you pay attention at enough auctions, you can understand what's going on. I used to attend numerous auctions in the 90s and every auctioneer has his style. They know the rules and the average person doesn't. The biggest difference is the authorizing agent. (gov't, estate, insurance etc) The details are buried in the terms of the fine print.
Thanx. Dave waste of time and money.. for the working man !
Yeah man!
Anyone that would pay that kind of money for those Bikes with out being there is someone with more money than brains'! I find more quality bikes without some auction getting a buyers Premium!
Buyer beware and know what you’re looking at!
Yes. Did you see our video of Mecum in Iowa. There is good and bad, and some very tricky deals. studio.ruclips.net/user/videoSRGRK0Lf-kc/edit
You walked by the CR500 shame on you
40 lashes
Oops. I'll trade you 100 attaboys
Fat Frank is ruining this company. He needs to buy more cheeseburgers.
I dont know the people, all I say is be careful
Your better off going to vintage motorcycle swap meets....these mecum and the other one that I cant think of at the moment is just hype for the television viewing and the people or better yet the endities with real deep pockets and financial backing. I dont even tune in anymore
Did you want my video series from the museum action in Iowa. I posted some videos there, and despite the hype and chaos, which I hate, did score some good ones.
Lipstick on a pig. Tarted up. Spray paint over everything. The early XT250 had bad top end oiling.
It was that day!
Whats with those annoying drummer boys?
Yeah, I know!