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LOT 150: 1988 Stutz Bearcat II
(1396 views)
Seller's estimate : |
CHF100000 / CHF150000 |
Description:
In late 1960’s, two car experts, Virgil M. Exner and James D. O’Donnell started Stutz Motor Car. A mix of US parts and Italian handwork. Stutz has been producing luxury automobiles since 1968 for the wealthy and the famous customers such as Elvis Presley, Muhammed Ali, Frank Sinatra and many others. About 120 Bearcat convertibles were planned to be built at the Stutz Motor Car Turin Italy but unfortunately only 13 were ever built in total. The first two were sold to the Sultan of Brunei and his brother. This 1988 Stutz Bearcat II was imported by a German gentleman directly from the last "official" Stutz dealer "Sunshine State Convertible Heaven" located at Pompano Beach Florida in 1992. The car only had 1303 miles, and it appears that the car was never titled in the US and sold as a new car to Germany. The German buyer kept the car for many years and mostly used it just as a display piece in his collection. About 12 years ago it was purchased by the current owner who also mostly used the car just for display. The car comes with the invoice from the Stutz dealer, import and shipping documents from 1992, but there are no licensing or registration documents as it was actually never officially registered in Europe. The Bearcat II is powered by a 5.7 liter 220hp V8 engine from General Motors for easy servicing paired with a four-speed automatic transmission. It's one of the first production cars that had its body made from "Diamond Fiber", known as carbon fiber nowadays. The car is finished in pearl white with a red leather interior. The instruments, switches and interior screws are plated with 24 karat gold. The car comes with a set of leather luggage matching the Italian leather upholstery. The carpet is made from New Zealand sheep wool. Technical condition: The Bearcat II has been maintained very well, the overall condition of the car and the thread on the still original tires dated with 1987 codes are the proof of the just only 2537 miles the car has driven in its life. It drives very well, the engine runs great, the gearbox changes gears smoothly, brakes are working fine and everything else functions as expected, the radio has not been tested. The engine bay looks dry, is a bit dusty but overall very nice. The car is free from corrosion and there are no visible oil leaks. No signs of accidents. Visual condition: The paint looks very nice and shiny, the chrome looks in very good shape, the interior looks completely original with minimal wear and the wonderful carpets are also in a very good condition. The trunk is in perfect condition and looks like new. A wonderful, exceedingly rare piece of history with ultra-low mileage for a 36 year old car. Many celebrities owned a Stutz - Elvis Presley, Frank Sinatra, Dean Martin, Mohammed Ali and others. Location: The Netherlands. Video link: youtu.be/UdKjNdXxP60
DELIVERY/COLLECTION OF THE OBJECTS - The auctioned objects will only be delivered after the auction and after full payment. - The objects must be collected within 5 days of the Auction. Later collection may be possible by agreement with the Auction House. - Objects that are not collected on time will be removed to storage at the buyer's expense.
Participation in the auction is subject to the acceptance and unconditional acceptance of these Auction Terms and Conditions:
1. BID
- The submission of a bid means a binding offer.
- The bidder remains bound to his bid until it is either outbid or rejected by Auctioneer.
- Bids of unknown persons may be rejected by Auction House.
- Persons who are not present may notify the Auction House in writing of intended bids. These bids are considered as maximum bids, plus premium. Changes to a written bid must be made in writing; they must be received no later than 24 hours prior to the Auction. Written bids can be send to info@dutchauctioncompany.com
- Request for Telephone bids must be made no later than 24 hours prior to the Auction.
2. AUCTION OBJECTS
- The objects are offered and sold in the name and for the account of the consignor.
- The Dutch Auction Company and the sellers disclaim any warranty for the age, origin, condition and quality of the vehicles and objects put up for auction. The objects are sold in the condition in which they were at the time of the knock down.
- All objects are to be inspected at the preceding exhibition. It is possible to get an idea of their condition and value and to obtain information. The buyer acknowledges, that we sell used goods which can have marks and defaults caused by their age.
- The objects are described based on the latest current state of knowledge to the best of our knowledge and belief. The Dutch Auction Company is not liable for obvious or hidden defects.
3. KNOCKDOWN/PROPERTY
- The object is awarded to the highest bidder. The object will only be delivered to the buyer after payment has been made in full.
- The knock down could be also conditional. If it is called up « conditional sale», it means, that the reserve was not met. The Auction House will first consult with the seller and afterwards inform the buyer, if his offer was successful or not. This may happen right at the sale or within a few days.
- In the event of differences between two or more bidders, the Object may be offered again.
- Once the bid has been accepted, no further complaints will be accepted.
4. KNOCKDOWN HAMMER PRICE / BUYERS PREMIUM
- A buyers premium of 20% must be paid on top of the hammer price. This is excluding 21 % VAT* on the buyer premium.
- For cars 12% buyer’s premium will apply. This is excluding 21% VAT* on the buyer premium.
* Explanation of the application of VAT:
> Private buyers registered within the Netherlands and Europe are invoiced including VAT.
> Private buyers registered outside Europe and exporting the purchased lots, lots leaving Europe, will be invoiced without VAT. Proof of export of the lots is required.
> Commercial buyers (companies) registered in the Netherlands are invoiced including VAT.
> Commercial buyers (companies) registered outside the Netherlands but within Europe are invoiced without VAT.
> Commercial buyers (companies) registered outside Europe and exporting the purchased lots, leaving Europe, are invoiced without VAT. Proof of export of the lots is required.
If commercial buyers (companies) wish to make use of the above VAT application, they must register as a commercial (company) bidder. Company name, address and VAT number are then required information that must be provided at registration.
5. PAYMENT OF THE OBJECTS
- The auctioned objects must be paid for in cash (maximum of € 20.000,-) or by bank, and collected from the auction site within 5 days after the Auction. On Credit Card payment an additional 3% will be added to the total bill.
- Before leaving the auction room, each buyer is requested to take receipt of the relevant formalities at the auction office and to make a full or appropriate down payment.
6. DELIVERY/COLLECTION OF THE OBJECTS
- The auctioned objects will only be delivered after the auction and after full payment.
- The objects must be collected within 5 days of the Auction. Later collection may be possible by agreement with the Auction House.
- Objects that are not collected on time will be removed to storage at the buyer’s expense.
7. LEGAL ISSUES/LIABILITY
- The Dutch Auction Company reserves the right to make changes and comments regarding the object description before and during the exhibition or until the bid is accepted. Lots may be added or removed.
- The Dutch Auction Company, as sales commissioner according to article 7:425 BW 7:425 BW, acts for the account of the consignor. Any liability for defects shall be excluded in accordance with section 2. Any notices of defects, claims for rescission or reduction must be addressed directly to the Consignor as the seller. No representative or employee of the Dutch Auction Company is entitled to issue any guarantees deviating from this.
- The auction management may offer lots outside the numerical order without justification, and may combine, separate, or withdraw catalog items.
- Any participation in the auction is at your own risk. In the event of damage to exhibited objects, the causer shall be liable.
- Each removal of the auctioned objects, also by third parties, relates to own costs and risks.
- The invoice for the auctioned objects is to be paid in accordance with section 5. If this is neglected, the auctioneer may, at his discretion, demand fulfilment of the purchase contract by charging a default interest of 1% per month on the hammer price plus surcharge and the costs of collection. However, he may also withdraw from the purchase contract without notice or other notification and cancel the knockdown and sell the object by private contract. In this case, the successful bidder shall be liable for all damages resulting from non-payment or delayed payment, in particular for any loss of proceeds. Any down payment made will be deducted from the damage.
- The auction and all disputes arising from it are subject to Dutch law. This applies regardless of the legal domicile of the parties involved.
- The English version of these Terms and Conditions of Sale shall be authoritative for the assessment of disputes.
- The place of jurisdiction is Breda, Holland.
8. GENERAL
- The auction and sale conditions are made known to every interested person and are posted in the auction hall during the exhibition and auction.
- Legal identification, name and address of the buyer are required for bidding and auctioning an object. Registration entitles the buyer to bid.
- It is the buyer’s responsibility to protect himself against the risks of loss, theft, damage, and destruction of the objects in question by taking out insurance in good time. All risks are with the buyer after knockdown of the item.
Tilburg, The Netherlands - January 2022