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  1. Join Date
    Jul 2013
    Posts
    6,098
    #41
    Remember the pair of Bugatti Chirons seized by Customs? Bids start at P300-M+ | TopGear PH

    the blue Chiron, it has a floor price of P312,390,878 with a bond of P15,619,543.90. Yes, the P0.90 is crucial in this case. As for the red one, it starts at P334,238,820 with a bond of P16,711,941.

  2. Join Date
    Mar 2008
    Posts
    53,883
    #42
    so why is the bidding, exclusive for car dealers only?

  3. Join Date
    Feb 2024
    Posts
    583
    #43
    Quote Originally Posted by dr. d View Post
    so why is the bidding, exclusive for car dealers only?
    I had the same question. To weed out joy bidders?

  4. Join Date
    Mar 2008
    Posts
    53,883
    #44
    Quote Originally Posted by Motortrend View Post
    I had the same question. To weed out joy bidders?
    ... with a bond of 15 milling bucks... i do not think there will be joy bidders.
    i await for them to explain the logic of their policy.
    ... and should there be no winning approved bid, these cars should be bulldozed over, to assure no hanky-panky.
    heh heh.
    Last edited by dr. d; November 16th, 2024 at 11:29 AM.

  5. Join Date
    Nov 2019
    Posts
    1,239
    #45
    Quote Originally Posted by dr. d View Post
    ... with a bond of 15 milling bucks... i do not think there will be joy bidders.
    i await for them to explain the logic of their policy.
    ... and should there be no winning approved bid, these cars should be bulldozed over, to assure no hanky-panky.
    heh heh.
    Based on the policy also, need to have a backing from dealer also that will help the buyer process car registration on owners behalf.
    Sino kaya interested bidders dyan dito.
    Magiging collectors item to if indeed may interested.

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The Hunt for Red (and Blue) Chiron ...