Red#2888- Taking Offers

[Van Royko]

I'm taking offers on Red#2888- Delivery date October 1st,2008.

This camera is eligible for Epic and or MX. THIS MEANS YOU CAN DO STAGE 2 or 3- with or without MX. Full options. You are purchasing a place in the middle of the reservations pack.

The camera has just been completely refurbished by RED.


I'd be looking for some kind of premium and a down payment to secure intent.

We have until May 1st if you want to get into Epic stage 2.

Accesories

RED ONE camera, serial no: 2888
PL mount
ET 15mm bridgeplate
2 x 320GB RED RAID + 2 x cables
2 x 19mm Top mounts
CF card reader
front and rear handle sections
RED EVF + cable
RED 5.6" LCD + Cable
RED 19mm base
4x 19mm Rods
focus hook set
RED Nikon mount (Longvalley Mod)
RED CRADLE
5 x RED batteries and RED charger
RED AC power unit
5" RED arm
1650 Pelican Case

Please PM me.

 

[Jack Cooper]

where are you located

 

[Van Royko]

Montreal, Qc, Canada

 

[David Johnson]

I'm curious about how the upgrade will work.... http://www.reduser.net/forum/showthread.php?t=37011&page=2 post 17 (sorry, I don't know how to link to a specific post) says that you had to transfer ownership before last October 30 to qualify for Epic-X. Otherwise, you'll just get the $17,500 towards the standard S35 Epic (stage 4).

Please let me know if I'm misunderstanding this... If I am, I'm definitely interested... I'll come and get it. Thanks!

 

[Van Royko]

I think most people are dealing with this with a lease-to-own arrangement.
Basically an agreement is signed that after such and such a date (after Epic delivery), the camera would be signed over. However, I'm not interested in receiving payments on the camera. The purchase price would have to be up front. Obviously we would have to prepare the proper documents etc.

 

[Jack Cooper]

I'm curious about how the upgrade will work.... http://www.reduser.net/forum/showthread.php?t=37011&page=2 post 17 (sorry, I don't know how to link to a specific post) says that you had to transfer ownership before last October 30 to qualify for Epic-X. Otherwise, you'll just get the $17,500 towards the standard S35 Epic (stage 4).

Please let me know if I'm misunderstanding this... If I am, I'm definitely interested... I'll come and get it. Thanks!

Van is correct, many folks are following the lease pathway. Another solution is to write an option contract. Ie. the transaction should basically be structured as "option to purchase".

The potential buyer pays the potential seller an amount of money to purchase the option (think traditional financial instruments like calls and puts). In Van's case, I am assuming its the full price he is looking for.

Once the upgrades and/or stage executions are completed by Van, then the buyer can "call" his option at a strike price (say $1.00). At that point, the ownership would transfer via the terms of the option contract.

This is similar to the way the real estate land deals are transacted.

Note, I have simplified the example above, there are a few things that need to be addressed in the transaction, but you get the idea.

 

[Van Royko]

thanks for that Jack.

if anybody has any lease to own contracts already prepped- id be willing to pay a little for it.

 

[Don King]

No Epic?

 

[Van Royko]

I dont know if people arn't reading the post or if its not clear.

This sale is for my Red One with ALL options open. You can do Stage 2 or 3- MX or not MX. You get it all.

 

[David Johnson]

One more question... do you have the PL mount too, or is it just the Nikon Mount Mod?

thanks!

 

[Van Royko]

Yes. There is a PL Mount