Buy my house, I'll throw in the Ferrari
A sign of the times in Thousand Oaks: The seller of a home that has been languishing on the market, and has been reduced in price by $400,000, is now offering to throw in a Ferrari if a buyer will step forward and the price is right.
The four-bedroom, four-ath house, measuring nearly 4,000 square feet, is listed at $1.125 million -- or $1.36 million with the Ferrari. Here's the listing from Redfin.com:
"PRICE REDUCED BY $400,000! Great value for this new, almost 4000 sq. ft. Mediterranean Estate. No Expense spared. High quality craftsmanship throughout. ... Recently appraised at $1,589,000 (per owner). A 2004 Ferrari 360 Modena can possibly be included w/house for purchase price of $1,360,000."
That would value the Ferrari at $235,000. Everything I know about the value of a 2004 Ferrari 360 Modena I learned from reading Hemmings.com, which lists exactly one 2004 Ferrari 360 Modena for sale, asking price $195,500. Of course, the vehicle that comes with the house could be special in every possible way and worth more than that.
--Hat tip: KP via e-mail.
Your thoughts? Comments?
Photo Credit: A Ferrari Modena -- not the one that comes with the house, via L.A. Times.