Dubai to auction off an Enzo
Apr 25, 2012, 12:56 am
Member
Joined: Aug 16, 2010
Posts: 104
Posts: 104
http://autos.yahoo.com/news/ferrari-enzo-abandoned-in-dubai....
Remember the poor Ferrari Enzo supercar abandoned in Dubai 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.
Remember the poor Ferrari Enzo supercar abandoned in Dubai 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.
Apr 25, 2012, 4:19 pm
Activities Director
Joined: Mar 11, 2007
Posts: 2,411
Posts: 2,411
Let's place a club bid on it. If we win, it can be the MWSCC company car and we'll all share it.
TK, go ahead and handle all the details please.
TK, go ahead and handle all the details please.
2006 Time Magazine's "Man Of The Year"
Apr 26, 2012, 12:41 am
Member
Joined: Aug 16, 2010
Posts: 104
Posts: 104
We first need to decide on a price that is good with everyone in total. I'd say we don't go any higher than $750,000. Thoughts? 
Apr 26, 2012, 2:52 am
Member
Joined: Aug 5, 2007
Posts: 2,352
Posts: 2,352
Put me down for $20.
1983 Datsun 280ZXTurbo
Apr 26, 2012, 6:51 am
Activities Director
Joined: Mar 11, 2007
Posts: 2,411
Posts: 2,411
ZUL8TR wrote
Put me down for $20.
Got it.
At your pro rated allocation, you shall be granted a brief peek at the car in a garage with the cover on it, each time your time share slot comes around. Of course if TK gets it for less than $750K your participation could grow proportionally.
2006 Time Magazine's "Man Of The Year"
Apr 26, 2012, 9:13 am
Member
Joined: Aug 5, 2007
Posts: 2,352
Posts: 2,352
I'm OK with that. Also means my share of the repair bills will be minimal to nothing since I'll never even touch it, much less put my eyes on it. Especially figuring in the fact that Dan may end up being one of the drivers and that Doltmo will be tracking it at Putnam. 
1983 Datsun 280ZXTurbo
Apr 27, 2012, 8:43 am
Member
Joined: Aug 5, 2007
Posts: 2,352
Posts: 2,352
Well, the latest report is the auction is off. Interpol apparently is involved and the car was involved in a crime.
You know that expression, "Drive it like you stole it"? Turns out someone did.
You know that expression, "Drive it like you stole it"? Turns out someone did.
1983 Datsun 280ZXTurbo
Apr 27, 2012, 9:29 am
Member
Joined: Aug 16, 2010
Posts: 104
Posts: 104
Hahahahahahaha That figures. Oh well.
Apr 27, 2012, 9:47 am
Activities Director
Joined: Mar 11, 2007
Posts: 2,411
Posts: 2,411
We were soooooo close.
2006 Time Magazine's "Man Of The Year"
Apr 27, 2012, 10:47 am
Member
Joined: Aug 5, 2007
Posts: 2,352
Posts: 2,352
Does this mean we can say we once put an offer on an Enzo, but the deal just didn't go through?
1983 Datsun 280ZXTurbo
Apr 28, 2012, 12:47 am
Member
Joined: Aug 16, 2010
Posts: 104
Posts: 104
How about, we were going to try and purchace an Enzo but it fell through. 