Mecum does $9 million in LA

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Mecum does $9 million with just 49 percent sell-through in LA | ClassicCars
1958 Face Vega FV4 Typhoon sells for $214,500 | Mecum Auctions photos by Jason Bran

Mecum Auctions’ Los Angeles collector car sale posted only a 49 percent sell-through rate and total sales of $9 million, some $300,000 less than the same auction the previous year.

The top sale of the two-day event was a 2006 Ford GT that sold for $327,750 (Mecum now reports prices that include buyer’s fees). A 2016 Lamborghini Huracan equipped with a Vorsteiner Novara kit sold for $236,500 as modern supercars topped the sales chart.

Mecum does $9 million with just 49 percent sell-through in LA | ClassicCars
1959 Posche 356 cabriolet goes to new owner for $200,200

Third and fourth on the list, however, were a couple of classics: A 1958 Facel Vega FV4 Typhoon, one of only 36 built with a dual-quad 356 Hemi V8, sold for $214,500 and a 1959 Porsche 356 cabriolet brought $200,200.

Also in the top 10 was a 1959 Volkswagen 23-window Samba bus that sold for $137,500.

Top 10 sales, Mecum Auctions Los Angeles 2018

  1. 2006 Ford GT, $327,250
  2. 2016 Lamborghini Huracan, $236,500
  3. 1958 Facel Vega FV4 Typhoon, $214,500
  4. 1959 Porsche 356 cabriolet, $200,200
  5. 2014 Aston Martin Vanquish, $140,250
  6. 1959 Volkswagen 23-window Samba bus, $137,500
  7. 2010 Ferrari California Spyder, $115,500
  8. 2012 Ferrari California Spyder, $112,750
  9. 1968 Shelby GT350 Ford Mustang, $99,000
  10. 2006 Lamborghini Gallardo SE, $99,000

(Prices include buyer’s fees.)

Mecum’s next auction is scheduled for March 16-17 in Kansas City, Missouri.

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A former daily newspaper sports editor, Larry Edsall spent a dozen years as an editor at AutoWeek magazine before making the transition to writing for the web and becoming the author of more than 15 automotive books. In addition to being founding editor at ClassicCars.com, Larry has written for The New York Times and The Detroit News and was an adjunct honors professor at the Walter Cronkite School of Journalism and Mass Communication at Arizona State University.

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