2003 Ferrari 360 MODENA

•All vehicles we auction have clean and clear titles (No Salvage title / No Reconditioned title).

•All dealers and individuals welcome!

•The winning bidder must contact the seller, (PROGRESSIVE MOTORSPORTS LLC), within 24 hours by phone(281.893.1134) or E- mail(sales@progressivemotorsports.net) to complete this transaction and to receive a Purchase Order via Fax.

•The winning bidder must respond within 2 days after the auction with a $1,000 deposit required via wire transfer, Visa/MC, or certified funds(cashier's check) to start this transaction. The buyer then has 4 days from the receipt of the deposit to do his/her inspections and due diligence. After the 6 days following the closing day of the auction, if the buyer has not completed his/her inspections and due diligence, it will be understood that the vehicle will be taken as an "As Is" without the inspection by the buyer. If the above items are not met within the allotted time frame, the vehicle may and will be available to all other buyers on a first come first serve basis. In a nutshell, the deal must be consummated within 6 days from the closing day of the auction. Please notify us for any exceptions.

•All sales are subject to a $398 dealer admin fee, $268 documentary fee, state inspection fee of $40.75, and a Texas Vehicle Inventory Tax based at .002385 of the purchase price. Ex. $10,000 purchase = $23.85 VIT Taxes.

•Texas residents pay 6.25% sales tax, registration fee of $110.30. Upon request, we can also complete the buyers home state registration.

•The buyer is responsible for all shipping costs. We will arrange for shipping, if requested. Also, the transportation to and from the airport and our location is buyer's responsibility.

•Most of our vehicles are Frontline, Off-lease, or Trade-in vehicles from Upscale Franchise Dealerships (BentleyDealer, FerrariDealer, Mercedes-BenzDealer, Mercedes-BenzDealer, JaguarDealer, Mercedes-BenzDealer, LandRoverDealer, LexusDealer, etc...). In translation, most of the vehicles we auction are individual-owned cars before becoming trade-ins or lease turn-ins.

•PROGRESSIVE MOTORSPORTS LLC, makes every attempt to deliver our vehicles to our clients with two keys, key fobs, manuals, booklets, NAV CDs, wheel locks, tool kits, etc..., however, from time-to-time, a vehicle may be missing one or more of these items and we cannot guarantee that they will be included in the vehicle at the time of sale. In this case, we are more than happy to provide these items to our customers at our discounted cost from the applicable dealerships. Please call for the exact accessories included for the vehicle.

•The vehicles in the auction are pre-owned vehicles and they are sold as "As Is" condition. However, most vehicles may still be in factory warranty or an extended warranty may be purchased. Ask for details.

•For Canadian Pre-Owned car buyers: If the title is to be released at the time of delivery (which is pretty much mandatory to get your vehicle thru customs), bank to bank wire transfer is your quickest way to handle this transaction. If buyers payment is not a bank wire transfer, i.e., certified bank check or approved loan check, the title will only be released when all funds have cleared. Please keep in mind that the funds verification process can take several weeks. We will assist buyers with whatever documents you will need to clear Canadian customs, but knowing exactly which documents are required by your home province are the buyers responsibility. Requirements for Canada can be found at www.riv.ca under "Registration of import vehicles, Canada".

• PROGRESSIVE MOTORSPORTS LLC reserves the right to cancel any contract until full payment is received.