When’s the last time you forgot where your million dollar luxury sports car was parked? Happens all the time, right? Well, rumor has it that it does happen all the time in Dubai. There are literally thousands of abandoned high performance sports cars left abandoned to the elements in Dubai.
Limited edition Ferrari Enzo, several Lamborghinis, Porsches, Bentleys, Nissan Skylines and even Honda NSX could be seen abandoned in parking lots in Dubai. Several thousand luxury super-cars are left to rot in airports and car parks across the United Arab Emirates every year.
Dubai’s excess of abandoned luxury cars has become such an epidemic that it’s made international headlines across the world. As reported , there are some 2,000 to 3,000 cars abandoned each and every year in Dubai, simply thrust aside and left by their owners to gather dust in the blazing desert heat.
However, in truth one of the primary reasons that so many expensive luxury cars end up abandoned is due to Dubai’s struggle in the face of the effects of the global financial crisis, along with plunging oil prices. Many of the cars belong to foreign expats, among them British, who traveled to cities like Dubai and Abu Dhabi in search of high-flying careers but who started to struggle when the UAE came upon hard times.
Throughout the past five or six years, luxury cars including Ferraris, Koenigseggs and expensive BMWs have all been abandoned as their owners flee bankruptcy brought on by financial crises. Under Sharia law, which is observed across the vast majority of the Middle East, non-payment of debt is a criminal offense. The UAE has no bankruptcy laws, so there is no protection for those who fail to meet their car repayments, pay off their credit cards or default on their mortgage, even accidentally. Many cars have been found with maxed out credit cards and apology notes left inside them.
Anyone who fails to make their payments faces imprisonment in the intensely tough prisons of the United Arab Emirates, and the Sharia-influenced debt offenses have even led Interpol to circulate red alerts to capture indebted Europeans attempting to flee the UAE. If there’s one good thing to come of the UAE’s abandoned car epidemic, it’s that car lovers can at least pick up some phenomenal machines at discount prices. For those who left, it’s understandable. For the rest of us, who will never be able to afford these cars, it’s definitely a spectacle worth seeing.
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