Kissimmee, Florida is known for at least one thing and that’s an annual car show by Mecum Auctions. The next Kissimmee car auction by Mecum is scheduled for January 6th to 16th 2022. Collectors Dashboard has covered Mecum Auctions in the past and we look forward to following the results of this one. There are many cars that should sell for $1 million and higher, some much higher.
Collectors Dashboard evaluates high-end collectibles as an alternative asset class. This means collectibles are attracting the same capital that could have been invested into stocks or bonds. Many collector cars that cost tens of thousands, hundreds of thousands, or more would all fit into the alternative investments category even if they are purchased purely for joy and recreation.
Unique to this 2022 car auction is a custom 1967 Mustang GT500 Restomod. All of the proceeds of this car will be donated to Curing Kids Cancer, a Georgia based nonprofit. According to their press release, the charitable group has raised more than $20 million to fund research and find a cure for pediatric cancers.
The 1967 Ford Mustang GT500 Kendall Custom does not have an estimate, and it should also be understood that the car has no reserve to meet. Mecum has listed the car as a star in the auction and highlighted the vehicle as a charity among all the million dollar cars. According to Kendall Motor Oil Mecum has been providing assistance to the Curing Kids Cancer mission since 2011.
The 1967 Ford Mustang GT500 Kendall Custom was described as follows:
“Working closely with more than 20 of the automotive industry’s leading manufacturers, Kendall® Motor Oil built The Kendall Custom to reflect its motto, “You Get Out What You Put In®.” From inception to completion, the entire build of this 1967 Shelby GT500 Fastback Custom was documented in the online series “Titanium Garage” hosted by Bill Stephens. Once the car was finished, Kendall Motor Oil took its 1,080 HP custom on tour with Mecum Auctions. Since hitting the road, admirers like Emily Reeves, Rob Dahm, NASCAR driver Garrett Smithley and the folks at MotorTrend have paid The Kendall Custom a visit to hear the power of its modified 5.0L twin-turbocharged Ford Coyote engine, and soon, The Kendall Custom will make its final Mecum appearance when it crosses the auction block with 100% of the proceeds set to benefit Curing Kids Cancer.”
Again, there are multiple cars with estimates close to and well above the $1 million-plus mark. Collectors Dashboard has relied on the auction prices realized as a barometer for the classic car industry. Here are other stars of the upcoming Mecum Kissimmee Auction:
- 1970 Plymouth Hemi Cuda Convertible 1 of 14 produced with an estimate of $2,400,000 to $2,700,000.
- 1961 Mercedes-Benz 300SL Roadster with an estimate of $1,600,000 to $1,800,000.
- 1963 Chevrolet Corvette Z06 Split Window Coupe 39,000 Miles with an estimate of $500,000.00 to $600,000.00.
- 1965 Shelby Factory Stage III 289 Cobra Dragonsnake CSX2427 1 of 5 produced with an estimate of $1,750,000 to $2,000,000.
- 1963 Chevrolet Corvette Z06 ‘Gulf One’ 1 of only 14 regular production Corvette serial numbers assigned specifically for competition with an estimate of $3,000,000 to $3,500,000.
- 1967 Shelby 427 Cobra Roadster CSX3281 with an estimate of $1,500,000 to $1,700,000.
- 2016 Pagani Huayra 1 of 100 produced with an estimate of $1,800,000 to $2,000,000.
- 1957 Chevrolet Corvette Super Sport Show Car used to introduce Rochester Ramjet Fuel Injection with an estimate of $1,750,000 to $2,000,000.
- 2020 Mclaren Speedtail number 100 of 106 built with an estimate of $3,500,000 to $4,000,000.
- 2021 Ferrari SF90 Stradale with an estimate of $950,000 to $1,100,000.
Categories: Cars & Auto