Wednesday, April 25, 2012

abandoned ferrari auction

abandoned ferrari auction

abandoned ferrari auction, Ferraris don’t usually end up in impound lots. Also, Ferraris aren’t too familiar with collecting dust for months, particularly a limited edition Enzo. One of 399 in the world, this Ferrari Enzo was impounded by officials in Dubai last year, after the Brit owner decided to skip the country and abandon his red beauty in an attempt to escape fines and piled up parking tickets. Daily Mail reported that this '£1million limited edition Ferrari is to be auctioned in what is thought to be the most expensive police sale in history.'Sporting a 5998c aluminum V12 engine capable of 660bhp and a top speed of 217mph, the beautiful car is one of the 23 super luxury vehicles including Porsches, Corvettes, Mercedes, BMWs, Infinitis, Range Rovers and Dodges to be auctioned off by the police.

Also, those wishing to bid for the car will be required to pay an advance of Dhs50,000 (£8,500) before the sale while a simple entry to play spectator costs Dhs110
Here’s something you don’t see every day. A British expat fled Dubai in 2011 and left his $1.6 million Ferrari Enzo behind.

Today, the abandoned Ferrari will go up for auction in what could potentially be the most expensive police sale in history.

Why would anyone abandon a Ferrari, you ask?

In Dubai, debt is a crime, so often times, debtors will flee the country to avoid jail time, leaving behind cars and other property.

Dubai’s traffic department director, Major General Mohammed Saif Al Zaffin, reports that this particular abandoned Ferrari Enzo was wanted by Interpol. It was left in a parking space twenty months ago after racking up too many parking tickets.

The Dubai government has the right to auction off any vehicle that’s been abandoned for more than six months. The auction itself will feature a grand total of 129 seized vehicles, 23 of which are luxury cars. They carry fines of around $27,000.
The Ferrari Enzo supercar that has been abandoned in Dubai last August 2011 will be auctioned off.
The expensive car believed to be abandoned by a British national who lease the car and then left Dubai 20 months ago when they couldn't afford the repaymnets and traffic fines. There are many cases in Dubai that face jail time for outstanding debts. Under the Dubai law any vehicle abandoned for more than six months will become a property of the state unless a clear title can be produced and no unpaid fines.

abandoned ferrari auction Rating: 4.5 Diposkan Oleh: Arm Aritn

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