What started as a bargain may have turned into a case of near bankruptcy for a 23-year-old Swiss baker, who recently had a head-on collision with a BMW in a limited edition Ferrari 360 Spider F1 Challenge Stradale. He is now looking at having to fork out approximately R3,4 million to repair the damaged supercar.

Sebastian Vogel thought that he had bought himself the deal of a lifetime when he bought a coupon on Groupon-style site, YourDeal. Paying a mere R350 for a spin in a Ferrari, his ride lasted little over 15 minutes before it all went wrong. The collision with a BMW happened on a country lane in Bern, Switzerland, destroying the front of the Beemer and badly damaging the Ferrari. Both drivers survived the collision.

Vogel of course had full insurance for the ride – this is Switzerland, after all – but a little bit of fine print is going to force him to foot the bill himself. Whilst the policy covers all manner of damage, a little proviso says that all claims will be void if the driver was speeding. Police are now looking at the Ferrari’s on-board GPS and engine management system to try and determine at what speed the collision happened.

The 360 F1 Challenge Stradale is the fastest road-legal version of the 360, topping out at 305 km/h.

[Source: Daily Mail]