There is hardly anyone, who doesn’t dream of having their favorite car to drive. Cars are coming out now with different and new technologies to attract the attention of people and it is being successful in doing that.
Nowadays, another thing is stealing people’s attention, that is Supercars, people are getting interested on them because they are exclusive, are from an expensive brand and give super performances and it makes you feel as if you own the world. Not all cars are supercars it depends on the performance of the vehicle, like their speed, power, and handling.
Supercars like Ferrari, Lamborghinis, Porsches, Bentley's and many other luxury cars are quite common in the streets of London, Los Angeles, Monaco, Paris, New York, and Dubai. Another place where thousands of supercars can be seen is in the Airports and different parking areas of the United Arab Emirates, especially in Dubai.
You might feel, what’s wrong in that, well nothing would have been wrong if the cars were there for just a limited time. Those cars are abandoned there, in simple word left there to rot. The cars that are extremely expensive and some cost over millions of dollars are left there for years. In this article we will talk about why the Supercars are abandoned in Dubai and what happens to those.
“The cars we drive say a lot about us.”
–Alexander Paul
Supercars Graveyard in Dubai
Reasons Why these Supercars are Abandoned in Dubai
What Happens To The Abandoned Supercars in Dubai?
FAQ
Supercars Graveyard in Dubai
No one would have thought that cars that cost millions of dollars would be abandoned every year in Dubai, and not just two or three but thousands of them by their owner. In fact, it’s a common practice there. This caused a big debate on social media, when someone spotted the picture of a £1 million Ferrari Enzo.
Dubai’s Waste Management Department’s director Abdul Majeed Saifaie states that if the cars by any chance create an obstruction for the other vehicles and jammed the roads then they are moved.
Otherwise, they are left in the same place for years. People assumed that these cars are left behind by some rich and wealthy people who don’t value the cars and leave the car because they got another one or got bored with it. In reality, the truth is actually something else.
Reasons Why these Supercars are Abandoned in Dubai
Financial Crisis
People come to Dubai to make their career, however, because of the financial crisis, there are very few people who made it to the top. Then the rest of them struggles with their career and sometimes even after buying their dream car, they are not able to pay the rest of the money, so they abandon the car and flee from the city to avoid going into jail.
There are also foreigners who get a high-paying job and starts buying many luxurious things, which sometimes include a supercar as well, but the financial crisis becomes a struggle for them to keep up with the living cost. Therefore many exclusive cars like BMW, Ferrari's, and Lamborghini's were abandoned by their owners as they got bankrupt.
The Strict Law in Dubai
Sharia law is followed by Dubai’s legal system, in here if your debt is not paid by you, it becomes a criminal offense. For those who go bankrupt, the legal system of Dubai doesn’t show an ounce of mercy to them. The people take loans from the bank to buy these supercars and when they are not able to pay off the loan of their cars they are forced to leave their cars and life and flee Dubai.
The law strictly states that if they are not able to repay for their cars and credit card bills, they end up in jail. Sometimes, the keys of the cars are left in the ignition as well while they flee to avoid jail time.
This doesn’t just include foreigners but the locals as well; they bought those supercars by taking loans to keep up with their acquaintances but ends up with the sword of debts hanging on their heads. The amazing cars left behind keeps on getting more dust added to them with time, as the harsh laws remain the same for everyone and one will find no protection for bankruptcy.
What Happens To The Abandoned Supercars in Dubai?
Now the main question, What happens to the cars? Well, to be specific when abandoned cars are found by the police and authorities, they notify the owners of these cars.
Most of the time, the owners choose to ignore the notification and don't show up for their luxury cars, so the vehicles get confiscated. These cars often remained unclaimed and so are auctioned at a much lower price.
Some reports claimed, every year over 3000 cars are left alone in the urban center of Dubai. Whoever wants to buy a luxury car at a much cheaper price can take a look at the auctions held for the cars in Dubai.
While buying them can be a time-consuming task, because the cases against the previous owners have to be dismissed.
Pratyusha Srivastava
Conclusion
All these beautiful, expensive, exclusive, and high-performance given cars sit in the airport parking lots and other parking areas and get covered in dust. These abandoned cars are left by their owners for one or two reasons but the police and municipality conduct auctions and give other people an opportunity to buy their dream car and drive it.
FAQ
Why are supercars abandoned by their owners in Dubai?
The owners after facing bankruptcy often flee the country and left the luxury cars behind, as under Sharia law, if the debt is not paid, then it’s a criminal offence and the person is subjected to jail.
Where is the supercar graveyard?
The supercar graveyard is in Dubai. They can be found randomly in the Airports and other parking lots abandoned by their owners.
How much time is given in Dubai to the owners to claim their cars back?
As per the law of Dubai, once the abandoned car is found and is seized, they have only six months to claim their car back.
Author: Damini Bhandary
Source : https://startuptalky.com/dubai-abandoned-supercars/
Date : 2021-11-30T09:22:40.000Z