Abandoned Enzo to be auctioned off.

By sc302
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Grand Master

sc302 Veteran

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Source: http://autos.yahoo.c...d-in-dubai.html

Remember the poor FerrariDubai last August?

Well, it?s still sitting in the same police impound lot we last saw it in, but it may have a bright future ahead.

The Enzo, along with several other exotics, is to be auctioned off in what the Daily Mail, via Jalopnik, claims is the most expensive police sale in history.

The person who abandoned the car is believed to be a British citizen who leased the Ferrari and then fled Dubai 20 months ago when they couldn?t afford the repayments and traffic fines.

It?s not uncommon to face jail time in Dubai for outstanding debts so we tend to see some financed vehicles abandoned, either at airport car parks or even the owner?s former place of residence. However, it?s extremely rare--and sad--to see something like a Ferrari Enzo left abandoned.

Other cars seized by authorizes in Dubai and set to be auctioned include some that were stolen and others that were abandoned after they were involved in accidents. Under local laws, any car left for more than six months becomes property of the state unless a clear title can be produced and there are no outstanding fines.

Ferrari Enzo supercars, of which only 399 were built for public sale, typically fetch up to a million dollars or more on the open market. It?s not clear who much this example will go for, though it should still be a princely sum despite the poor condition the car must be in.

enzo-ferrari-abandoned-jpg_181435.jpg

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Grand Master

xendrome

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The person who abandoned the car is believed to be a British citizen who leased the Ferrari and then fled Dubai 20 months ago when they couldn?t afford the repayments and traffic fines.

Ok so, if it's leased it belongs to the leasing company, not the person who leased it. They have no right to auction it off and I promise you the leasing company will gladly pay the traffic fines to get it back. Something isn't right with the story or we are only getting half truths..

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Grand Master

Steven P. Administrators

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That car will need a LOT of TLC when it finds it's new owner after being left in that condition for so long. Probably cost another $250,000 to get it back up to standard.

What? Can't they just chuck it through a car wash like I do? :p

Grand Master

Intersect

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What? Can't they just chuck it through a car wash like I do? :p

it will need a total respray from being left out in the sun and exposed to the sand that will have scratched the body.

not to mention the sand that has ingressed into the engine bay.

very costly to bring it back concorse standards.

but i can see the rental company wanting it back, hope who ever rented it gets tracked down and fined maby even extradited

one things for sure they wont be going to dubai again.

Grand Master

ahhell

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[/color]

Ok so, if it's leased it belongs to the leasing company, not the person who leased it. They have no right to auction it off and I promise you the leasing company will gladly pay the traffic fines to get it back. Something isn't right with the story or we are only getting half truths..

It's from the Dailymail so you can't exactly expect accuracy.

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