Author Topic: Elan & Europa for sale  (Read 468 times)

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Offline EuropaTC

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Elan & Europa for sale
« on: Sunday,June 06, 2021, 08:22:58 AM »
Hi folks,
A guy on Lotuselan.net is trying to sell his father's cars.  Because he's not registered here I offered to cut'n'paste his last post on the subject in case we have someone interested here who hasn't seen the craigslist ads.

Quote from his post, anyone interested should drop them an email


"I posted a message about the sale of my father's cars last week. Thank you all for the responses and advice. Quick update. My brother listed the cars locally on Craigslist and quite a few people were interested. He then sent the note [below] to those parties. Recognizing that many of you are not local, I want to make sure that you saw the notice. We will present all offers to my father. I think he would like to see it in the hands of Lotus enthusiasts like this group. I'm traveling the next few days but my brother is reachable at the email address below and I will be checking emails in the evening. My email is snbernst@gmail.com. I'd like to give a shout out to Rich Kamp, who was kind enough to drive down, look at both cars and parts and help us think about this process. For those of you that plan on having someone else bring the cars back to top shape, Rich would do a great job. Stuart


Thank you for your interest in our father’s Lotus Elan and Europa. He and his brother are Lotus enthusiasts and enjoyed years of pleasure and satisfaction from driving both cars. Given the level of interest we have received on Lotuselan.net and Craigslist, we have decided that a simple and quick “process” is the easiest and most fair way to part with our father’s cars. We have made an arrangement my father’s Santa Clara, CA mechanic to allow for group visits to see and examine the Lotus Elan ('69 S4), Lotus Europa (circa '72 Type 74) and associated parts.

Process/Timing:
1. The address for reviewing the cars: 2517 El Camino Real, Suite D, Santa Clara, CA 95050
2. Time slots: Wednesday, June 9th from 10am - 12pm & Thursday, June 10th from 4pm - 6pm. RSVPs would be appreciated.
3. We would prefer to sell both cars and all parts as a bundle, but will accept bids on either car and the parts separately
4. Offers will be accepted by email at alex@abernstein.com through June 13th with the goal of finalizing the sale by June 14th. Offers should include the following information: a) The asset(s) of interest (e.g., Both cars and parts; Elan; Elan plus parts; Europa; Europa plus parts, just the parts); b) The offer price; and c) The method and timing for removing the cars. Note that this should take place no later than June 30th.

How will we select a buyer? The winning bidder will be selected based not only on the price but also the willingness to bid on both cars and the parts as well as ease of execution (i.e.; we want this to be as simple and easy a process as possible). Having said that, if we find two great buyers for the different cars, we will endeavor to work with each, if possible, to make this work best for everyone.

Notes:
1. Please do not arrive early at the garage. The owner of the garage cannot accommodate people before the hours offered and the car owner will not be present.
2. Some of the parts are at a different address (in Los Altos). Interested buyers can caravan to Los Altos after the car review with Alex."

Offline snbernst

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Re: Elan & Europa for sale
« Reply #1 on: Friday,June 11, 2021, 09:47:44 AM »
Thanks for posting this, Brian!

I finally became a member of this forum. Here is an update:

A group of local people stopped by yesterday to see the Elan, the Europa and the parts. My brother also took a video of the parts, which are now better organized. There is considerable interest in the Europa and some interest in the Elan. Offers are due by the end of the weekend. My guess is that everything will go below fair market value because my brother and I just don't have the time to organize and "market" everything properly. If you have an interest, I would submit an offer (see instructions above). Who knows. You may end up with one or two cars and parts. I must say that the Lotus community has been incredibly friendly and everyone is really interested in seeing both of these cars out on the road again soon. The best way to reach me is at the coordinates below because I do not check this forum regularly.

Best, Stuart
(snbernst@gmail.com, 650-275-3092)

Offline EuropaTC

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Re: Elan & Europa for sale
« Reply #2 on: Friday,June 11, 2021, 10:03:18 PM »
Hi Stuart,
It sounds as though things are coming together nicely. I'm surprised the Europa has more interest than the Elan, it would be the reverse over this side of the pond.

Good luck with the sale(s)  ;)

Brian

Offline snbernst

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Re: Elan & Europa for sale
« Reply #3 on: Tuesday,June 15, 2021, 12:18:40 PM »
Final update: We received about a dozen proposals. The winner wanted to buy both cars and all of the parts and is local so it worked well for everyone. Once again, I want to thank this group for its interest and advice. Best, Stuart

Offline BDA

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Re: Elan & Europa for sale
« Reply #4 on: Tuesday,June 15, 2021, 12:20:02 PM »
I'm glad everything worked out well for everyone involved!  :beerchug: