Auction Details and How to Bid
RV-12 N114TF was sold via auction to the highest bidder on October 5th, 2016. This page is maintained for historical purposes.
SUPPORT A NEW GENERATION OF AVIATORS!
and get a new airplane while you do it ...
The Airway Science for Kids Inc. TeenFlight Program's newest RV-12 is for sale to the highest bidder. N114TF was built in Hillsboro, Oregon by high school youth enrolled in the TeenFlight Program. Construction was overseen by experienced mentors including Richard “Dick” VanGrunsven himself during the 2015-2016 school years. We are now offering this plane for sale by auction. The proceeds of this auction will support the funding of a new RV-12 kit to be constructed by our 5th cohort of young eager teens!
The aircraft may be viewed and inspected at the Stark's Twin Oaks airport in Hillsboro, Oregon (FAA 7S3). Call or email Greg Hughes at 503-766-2258 or email@example.com or call Van at 503-370-7550 to arrange a time and location for viewing or if you have any specific questions about the plane.
The Auction and Bidding Process
RV-12 N114TF will be sold to the party placing the highest bid. Open bidding will take place online and will commence on September 6, 2016 and will close at 7:30 PM PDT on October 5th. In fairness to all serious bidders, and to secure the most revenue for this worthy non-profit, a final live bidding process will coincide with an annual benefit dinner and auction for Airway Science for Kids, Inc. (ASK) which will be held at Northwest Natural Gas Building, 220 NW Ave, Portland, OR 97209. To learn more about this organization please visit www.airwayscience.org.
Bids must be submitted by email or online and can be made via the online bidding/contact page of this web site. Please include your telephone number in your email with your bid. Minimum opening bid is $80,000. If a bid for the “BUY IT NOW” price of $105,000.00 is received at any time during the open bidding period, the auction will close and a final live bidding process will NOT occur. Bidders’ name will be kept confidential. The highest received bid will be posted daily at approximately 1:00 PM PDT on the Bid Submission page of this web site (www.teenflightairplane.com). If no one bids at the “BUY IT NOW” price during the open bidding phase, the top four (4) bidders who have submitted bids prior to 7:30 PM PDT on October 5, 2016 will continue into the final live bidding process. If you are not able to attend the event to participate in the final live bidding and you are one of the top four bidders, you will be notified by email at 7:35 PM PDT that you are one of the final bidders and a volunteer proctor will call you at 8:00 PM PDT and will serve as your in-room surrogate to bid at the event on your behalf.
Final Live Bidding Process: The top four individuals who have bid on the aircraft before the close of open bidding at 7:30 PM PDT on October 5, 2016, will be given the opportunity to increase their bid via on-line, phone or proxy bid during the annual benefit dinner and auction. Bid raises will be conducted by a professional benefit auctioneer in increments that she sees fit, but no less than $500. Current bids will be communicated as they change to you through the telephone by your volunteer proctor. Bidding will close when the auctioneer says SOLD. As a reminder - please read the restrictions and descriptions of the item carefully. The written or verbal bid at this auction constitutes a legal contract to purchase the item. All sales are final and there will be no exchanges. Shipping or delivery, if required, will be at the expense of the purchaser and is not included in the bidding price.
PLEASE SEND QUESTIONS TO:
Jackie Murphy, Executive Director
Airway Science for Kids, Inc.