DUBAI: The Dubai Police have denied reports that appeared in international media that the over $1-million super car, Ferrari Enzo, abandoned by its owner 20 months ago in Dubai, is up for sale.
There are a few cases still in the court regarding Enzo and 51 other luxury cars seized by various authorities in Dubai and procedures for auction can be completed only after that. Many of the cars were impounded by the police for traffic violations while some others are abandoned by their owners.
The police cannot confirm now whether these cars will be put for auction, said Major General Mohammed Saif Al Zafin, Director of the General Department of Traffic of the Dubai Police.
However, the other 129 cars will be auctioned by the Dubai Police today after the expiry of the legal seizure period as per the law regarding selling seized bicycles and cars.
The Dubai Police had announced earlier that all people whose cars are impounded for accumulation of traffic fines or those seized by banks or insurance companies for a period of more than six months, to pay the fines or settle the matter with the banks to avoid the vehicles being auctioned. After placing advertisements regarding the auction, the police give a month’s grace period for the owners to receive the cars. If they do not show up even after that, the cars will be sold in auction and money will be deposited in a special account at the Ministry of Finance in the name of the car owners for five years. After five years, the owners will have no right for the money, Al Zafin explained.
Some of the cars being auctioned were abandoned by their owners who could not repay their debts and accumulated traffic fines.
Some others have left the country, leaving their vehicles here. A few others give up the cars after they are involved in accidents as the repairing will be costlier that the car value, he added.