2011 Red Roadster Sport being Auctioned. Minimum bid $82K

[Warrenbonz]

I received the following email today and thought I would share it with the group:

"We have a 2011 red 2 dr. convertible sport Tesla with black interior in our new sale. It's
located in Los Gatos, CA, but comes with free nationwide delivery. It's locked up in
federal storage, and will be sold on February 14. The MSRP is $128,500, and the bank
will take the highest offer over $82,000. For full details, see unit #3101 at Virginia RV Help-U-Sell.
Let me know if you have any questions.

Randy Gilbert"

The listing can be found by following this link Repossessions - Virginia RV Help U Sell (http://www.virginiarvhelpusell.com/repo.html) and scrolling down to listing 3101.
I am not affiliated with this company and can not vouch for them.

Before I decided to purchase my Roadster new I would be on the look out for used Roadsters and came across one listed from this company. I decided not to bid on it at that time because it didn't have the options I wanted. This is a large transaction so I am not sure how comfortable I would be to do it with a company I wasn't familiar with. That being said they do seem to be legit to me but everyone of course has to make their own assessment.

All the best,

Warrenbonz

[TEG]

Related:

Repoed Roadster for sale in San Bruno (http://www.teslamotorsclub.com/showthread.php/6329-Repoed-Roadster-for-sale-in-San-Bruno)

(I gather that there are various competing entities trying to broker this auction.)

[vfx]

This may be the one I heard about that was seized in a drug arrest. Tesla though it was gone out of country as they had lost track of it for a few years. If it is the one I heard about, it has low miles but what about that battery?

[TEG]

This says it is for a 2011 sport model... Your 'recovered' roadster story must be about a 2008 if it was missing for years...

[Lloyd]

I believe this company has had this car for sale before. I made them an offer months ago below their min asking price. If this is the same car, then it did not sell , and now has a few more miles on it.

[Lloyd]

Made the same offer and got this reply:

Lloyd,


The bank minimum for this car is $82,000.
While high offers are updated daily below the inventory on the repo page
of my website, they are not on the last day, as it becomes a blind auction.
Most serious buyers will make their best offers on that day.
If you are serious about this car, please make your best offer over the
posted high on February 14.
Thanks,


Randy Gilbert

[AnOutsider]

isn't 82k a good price?

[Lloyd]

It might be, but their auction rules are kind of different. You can't see it or inspect it until you are the successful bidder, then you have the right to opt out. So you have to bid assuming that it might need work or repairs. No real history either.

I am very wary.

[vfx]

This says it is for a 2011 sport model... Your 'recovered' roadster story must be about a 2008 if it was missing for years...

Ok,

I heard the drug seizure car would be coming up for auction. I guess I jumped the gun.

[AnOutsider]

It might be, but their auction rules are kind of different. You can't see it or inspect it until you are the successful bidder, then you have the right to opt out. So you have to bid assuming that it might need work or repairs. No real history either.

I am very wary.

On the plus side, there might be a whole brick of something nice tucked away in the vehicle. You may recoup your costs and then some.

[Nvbob]

and get free room & board for a few years to boot!

[Lloyd]

Three 'hots' and a 'cot' !