#327 Behind the Gavel: How Auto Auctions Work

Ever wonder what happens before the hammer drops? We take you behind the scenes of the auction process, from vehicle consignment to final sale so that you can navigate it all as a buyer or seller with confidence or an enthusiast taking it all in!    How does the consignment process work?  How are the reserve prices determined? What are the roles of the consignor before the auction? What are the roles of the consignor at the auction? Is there a better auction or even time to consign a vehicle? Our special guest is Gus Kozarzewski, a Consignment Agent with Mecum Auctions, who helps us navigate it all!  SPECIAL TRIBUTE HONORING  "JK" JOHN KRAMAN;THE PROFESSOR  Mecum Auctions Motor Trend TV Lead TV Commentator Suddenly Passes Away Today we remember and honor JK of Mecum Auctions, a true icon in the automotive world. JK’s passion, dedication, and unwavering commitment to the collector car community left an indelible mark on all who had the privilege of knowing him. His love for classic cars was matched only by his generosity, kindness, and ability to bring people together through a shared appreciation of automotive history. Though he may no longer be with us, his legacy lives on in every auction, every car, and every memory he helped create. Let us celebrate his life, his impact, and the lasting influence he has left on Mecum Auctions and beyond. Rest in peace, JK—your spirit will always ride with us !  *Catch previous episodes of John Kraman