Auction Results: Mecum Kissimmee 2025
Sean Rooks | January 20, 2024

The first major auction event of 2025 is now behind us, with the final car crossing the block at Mecum Kissimmee 2025 on Sunday, January 19th. Many will consider Mecum’s results in Florida to be a canary in the coal mine for the 2025 collector car market, so what can we glean from results from this year’s event?
Mecum is one of the auction houses known for high volume sales over multiple weeks and Kissimmee is no different. Our post highlighting 5 of the priciest Porsches for sale noted that most of the lots at Mecum Kissimmee are domestic muscle cars and hot rods, but with over 4,400 lots you’re bound to find something you like.
Overall Results
Last year, Mecum Kissimmee offered 4,099 lots over 2 weeks, with a sell-through-rate (STR) of 73% and a total dollar volume of $217 million. Mecum consigned more vehicles in total for Kissimmee 2025, with 4,481 cars crossing the block and 3,203 cars selling for an STR of 71%. Dollar volume was a bit down to $213.2 million, a little counter-intuitive given the number of cars on offer.
Impressive Sales at Mecum Kissimmee 2025
That’s not to say there weren’t some impressive sales at Mecum Kissimmee 2025 this year. Some were incredible low-mile time capsule cars with a niche audience. Others were blue chip beauties that were nearly guaranteed to bring out the bids. To me, an impressive sale is one that performed significantly well against the estimate or market value. I also like to feature cars that I think may indicate some type of trend in the market. With that, here are my top 5 impressive sales from Mecum Kissimmee.
1967 Jaguar E-Type Roadster “Shaguar”
Sold for $880,000

I wouldn’t have thought that the Austin Powers films were popular enough to drive interest like this, but it seems I was wrong! I consider this fantastically well sold, given this result is nearly 8 times the price of the average 1967 Jaguar E-Type Roadster. While the car is from the 60s, does this signal a rise in values of star cars from films of the 90s and 2000s?
2018 Porsche 911 GT2 RS
Sold for $594,000

I decided to include this sale as noteworthy, despite the fact that a virtually identical car (down to the mileage) just sold 2 weeks ago on Bring a Trailer for nearly the same price. My takeaway here is that the GT2 is definitely still a hot car. Remember, this car was around $300,000 new, depending on options.
1988 Ferrari Testarossa
Sold for $291,500

Showing only 1,045 miles on the odometer, this is the lowest mileage Testarossa I’ve seen cross the block since the 1990-built car that sold for $456,000 at Broad Arrow’s Monterey sale back in August. It’s a gorgeous car, and it would seem that Testarossas are holding their value into 2025.
1962 Land Rover Series IIA Custom
Sold for $242,000

When you see a Series Land Rover sell for this much you can be certain it’s a customized build, and that’s the case here. Sporting a host of upgrades including an LS3 and air conditioning as well as a complete restoration, this is the highest sale for a Series IIA Land Rover in the last 5 years, at least.
1970 BMW 2800CS
Sold for $154,000

While this car’s winning bid fell well below the estimate of $200,000-250,000, it still sold for significantly more than your average 2800CS. The quality of the customization and restoration on this car is excellent, and certainly the winning bid was far less than the cost to get the car to this point.

Sort this one into the column “closest to delivery mileage,” because this CRX Si has been driven only 326 original miles from new. While it’s not perfect, it’s pretty darn close to a brand new as you can get. Low-miles iconic hatchbacks continue to bring big bucks in 2025.

Providing further evidence to the assertion above, this plain-jane 80s Chevette sold for over twice the average price. That said, we’ve had a lot of low miles and pristine Chevettes hit the market in the last couple of years, which may be skewing the results a bit. No, your 100K+ mile Chevette isn’t suddenly worth $35K, as this car had just 47 original miles on the odometer.
Biggest Losers at Mecum Kissimmee 2025
Most reporting will feature the biggest sales of an event, but I think it’s instructive to look at the no-sales and low sales to get a sense of how the market may be shifting from year to year. I choose my biggest losers based on their performance against expectations and their relative place in the market, just as above.
1969 Porsche 917K
Bid to $25 Million

Sadly, the big star of Mecum Kissimmee 2025, Jerry Seinfeld’s sale of the star Porsche 917K from Steve McQueen’s Le Mans, failed to meet its reserve after reaching a high bid of $25 million. I predicted this car would reach $20 million or more, and while I was right, I didn’t expect it to be a no sale at that price.

This poor car — each time it crosses the block, it brings less money and fails to sell. If you’re the owner of this car, you’ve lost the opportunity to sell this car for over $3M twice in the last year. I’m starting to think the market doesn’t like the center seat configuration of this racer.

Here’s another example of a car that’s been to auction with Mecum in the past, and continues to return home with the consignor instead of shipped off to a new buyer. This time, the high bid was half a million dollars less than the last time it crossed the block in August of 2024.

I really don’t understand why this car failed to sell. It’s got a great racing history and has been driven in anger by the great Niki Lauda. Additionally, it’s the first 910 ever built. Sadly, this car failed to generate the bidding it needed, which was nearly $1M too short based on past sales.

Here’s another seller who is probably wishing they’d taken the money and run last time around. This rare lightweight variant of the iconic 2.7 RS was bid to $1.1M back at Mecum’s Monterey event last year. There’s either something up with this car’s story or Mecum isn’t the right venue.

This car has now crossed the block at Mecum 4 times with nothing but whiffers to show for it. The seller should consider lowering their expectations, or finding another auction house who can find the right audience for this beauty.
1956 Talbot-Lago T14LS
Sold for $196,900

While this car sold for over $25,000 less than its low estimate, I say the winning bidder is the victor here. Based on the performance of similar cars, I don’t think classics of this era are destined to rise.
Final Thoughts
There were quite a few no-sales among the highest valued cars coming to auction at Mecum, with many of them repeat lots failing to meet their reserves or even their high bids at previous auctions last year. This could very well signal a rough start to 2025, at least for the European cars we track here at Wolf and Mare.
Of the 5 high-dollar Porsches I profiled prior to this auction, not one of them reached their high bids or even their low estimates. Thanks to many of these cars having been auctioned at Mecum last year, sometimes more than once, we have apples to apples comparisons that go beyond a single sale’s results. Either seller’s expectations were too high or Mecum isn’t the right venue for these cars.
For the market overall, one auction — even a big one like Mecum Kissimmee 2025 — shouldn’t be the sole data point to determine the state of the market. If we see similar results at the Scottsdale auctions, we may have a clearer picture of what to expect for the first half of 2025.
Wolf and Mare provides car finding, appraisals, and auction services for buyers and sellers of collector European cars. If you’re interested in acquiring an overseas car, give us a call or drop a line!
Typical spot-on analysis from the W&M crew…very informative!
Thanks, Chris! This one took some time to pull together. It will be interesting to see the results from Arizona.