Welcome Guest! To access all forums & features, please register an account or sign-in. → Why register?



Abandoned Enzo to be auctioned off.


12 replies to this topic - - - - -

#1 +sc302

    Neowinian UNSTOPPABLE

  • 6,204 posts
  • Joined: 12-July 05
  • Location: NJ/PA, USA

Posted 26 April 2012 - 17:04

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

Quote

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.


Posted Image


#2 HSoft

    Neowinian Wise One

  • 3,841 posts
  • Joined: 09-January 08

Posted 26 April 2012 - 17:09

I'd pay $5 for it :D

#3 Astra.Xtreme

    Electrical Engineer

  • 5,919 posts
  • Joined: 02-January 04
  • Location: Milwaukee, WI

Posted 26 April 2012 - 17:14

They should probably at least keep it clean if you want to have any hopes at making good money on it.

#4 xendrome

    In God We Trust; All Others We Monitor

  • 5,892 posts
  • Joined: 05-December 01
  • OS: Windows 8 Pro x64

Posted 26 April 2012 - 17:16

Quote

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..

#5 OP +sc302

    Neowinian UNSTOPPABLE

  • 6,204 posts
  • Joined: 12-July 05
  • Location: NJ/PA, USA

Posted 26 April 2012 - 17:21

http://www.cbsnews.c...rrari-in-dubai/

here's more. unpaid fines = criminal offense. drop car and run for cover.

this also goes into more money than brains.

#6 +cooky560

    Neowinian Wise One

  • 3,069 posts
  • Joined: 15-April 05
  • Location: Around
  • OS: Mac OSX
  • Phone: iPhone 5

Posted 09 May 2012 - 10:16

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.

#7 Neobond

    Steven Parker

  • 26,210 posts
  • Joined: 09-July 01
  • Location: Neowin HQ
  • OS: Windows 8 Pro

Posted 09 May 2012 - 10:21

View Postcooky560, on 09 May 2012 - 10:16, said:

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

#8 xSuRgEx

    Neowinian Senior

  • 2,456 posts
  • Joined: 02-August 03
  • Location: Earth

Posted 09 May 2012 - 10:36

View PostNeobond, on 09 May 2012 - 10:21, said:

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.

#9 ahhell

    Neowinian DOMINATING

  • 8,332 posts
  • Joined: 30-June 03
  • Location: Winnipeg - coldest place on Earth - yeah

Posted 09 May 2012 - 10:41

View Postxendrome, on 26 April 2012 - 17:16, said:

[/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.

#10 TheElite

    Neowinian ULTRAKILL

  • 10,234 posts
  • Joined: 26-July 03

Posted 15 May 2012 - 18:48

View Postahhell, on 09 May 2012 - 10:41, said:

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

That's what I was going to say.

#11 Brian M

    Neowinian ULTRAKILL

  • 11,423 posts
  • Joined: 07-January 05
  • Location: London, UK

Posted 27 May 2012 - 16:52

Surely the car is the property of the finance company and the government have no business selling it?

#12 xendrome

    In God We Trust; All Others We Monitor

  • 5,892 posts
  • Joined: 05-December 01
  • OS: Windows 8 Pro x64

Posted 27 May 2012 - 16:58

View PostBrian M, on 27 May 2012 - 16:52, said:

Surely the car is the property of the finance company and the government have no business selling it?

Yeah that's what I said here - http://www.neowin.ne...t__p__594826591

#13 Xerino

    The Mouth

  • 2,036 posts
  • Joined: 09-January 04
  • Location: California
  • OS: Windows 7

Posted 01 June 2012 - 23:29

hope it was at least started every so often