F-Chat Live Auction - Sat Nov 12 - 2pm EST - Challenge Stradale

F-Chat Live Auction - Sat Nov 12 - 2pm EST - Challenge Stradale

Bringing a new concept to Ferrarichat, the Yellow Compass Group as a sponsor will be holding a live auction for one of the cars in our inventory. We've coordinated with Rob Lay and hope to make this a regular feature on Ferrarichat offering a win/win situation where buyers can find beautiful Ferrari's at fair prices. We hope that those interested in this rare car will get their finances in order this week and plan to join us for the auction.

The car this week:
2004 360 Challenge Stradale in Rosso Scuderia with red, black, and gray Alcantara
VIN: ZFFDU57A340137670
24,053 miles

Car photos, videos, and information will be updated this weekend:
https://yellowcompassgroup.com/vehicle/2004-360-challenge-stradale-rosso-scuderia/

Our For Sale ad on the car here at Ferrarichat: http://www.ferrarichat.com/forum/ferraris/535413-fs-2004-360-challenge-stradale-gorgeous-rosso-scuderia.html

Auction Location:
This thread here under the 360/430 section

Auction Time:
Saturday, November 12, 2016
Start time: 2pm EST
End Time: 3pm EST
Put it on your calendars.

Currently this is lowest priced Challenge Stradale in the US. This auction should enable a bidder to get an even better deal.
Opening Bid:
$ 175,000 usd
No Reserve

The Mechanic:
Alfonso Joseph - Master Technician
Services - J. Scuderia Automotive
We have asked "Fonzi" to be available for 2 hours prior to the auction start at our location with the car to provide FaceTime calls to answer any questions bidders may have. He has also performed a pre-purchase inspection on the car and his thoughts are shown in a video on our website.
Bidders can call us with any questions on the car at 1-973-610-7111

Clean Car fax and maint records are available on the Yellow Compass website and can also be emailed to bidders.

Placing Bids:
Please feel free to place a bid on this thread at 2pm EST on Saturday Nov 12th. The auction is for registered Ferrarichat members and is transparent with existing user names so that the mods and all can follow where the results end up and who is interested in the car. Please focus on the auction of the car and take any market discussion to other threads - using typical Classified rules in play. We were asked to place the auction in the 360/430 section to appeal to the most parties.

Bid Completion:
High bidder will need to contact The Yellow Compass Group concluding the auction to place a deposit on the car and finalize payment for delivery.

We look forward to seeing the car with its new enthusiast owner and continuing new auctions on Ferrarichat.

Thanks for your interest.

Mike
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Thank you Tony

 

No

 

The minimum bid is $175,000
I'm sorry we do not offer financing

 

THE Minimum bid to buy the car is $175,000 !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

Thanks for all the comments, interest and common sense approaches. Auction styles differ from place to place - whether that is Gooding, Mecum, or eBay. eBay has the ability to start at zero with a hidden reserve - or start at zero OR any higher price with no reserve after that. So it varies. We never suggested the car starting at zero.

My apologies if there was any misunderstanding - the opening post seems pretty clear of our intention.

I don't think anyone here is interested in the annoying "I'll bid $4.35" on the 200k car to go on and on - so we just cut to the chase and said that we'd start the bidding at $175,000 without any reserve above that. Should be clear and a fun opportunity for someone that has watched the ships sail on CS pricing. Now is your chance to avoid missing out.

It is the least expensive CS in the US with about $35,000 until you hit the next one. and there are others priced another 30-75k or more above that.

Oe thing we will do is extend the bidding another 5 minutes after the last bid to avoid sniping to give everyone a fair chance. We want to avoid anyone feeling they lost out because of a late bid one dollar higher.

We look forward to the auction and seeing the car with a new caretaker. Please call me with any questions. The maintenance records are up on our site as a pdf along with a carfax and video from the mechanic on the inspection.

Have a great week.

Mike

 

Now that the boring political stuff is behind us and the markets are at a new high, I wanted to remind members about the auction this Saturday for this great car.

We have had a few requests for additional photos and those were sent to prospective bidders. Please call me with any questions. We look forward to seeing you on this thread Saturday.

Mike

 

Hi everyone !! Just a quick reminder the auction bidding for this beautiful STRADALE
Will begin tomorrow Saturday at 2 PM EST, it will conclude at 3 PM EST
Our Ferrari master technician Alfonso Joseph ( formerly the shop foreman @ Ferrari of central New Jersey ) Will be available tomorrow starting at 12 PM to 3 PM from the YELLOW COMPASS facility for any questions you may have via FaceTime calls. Good luck to all see you on this thread at 2 PM

 

Hi everyone , Alfonso Joseph - Ferrari master technician is available now through 3 PM EST for a live FaceTime discussion from our YELLOW COMPASS facility if you have any questions you'd like to ask him about the STRADALE. The auction will start at 2 PM EST and conclude at 3 PM EST - the starting bid is $175,000
Thanks everyone and good luck !