Why Are Thousands of Luxury Vehicles Abandoned in Dubai Every Year?

“Of course, the rich people who don’t think money is money!” We seem to hear you say. However, the issue has little to do with the rich/poor distinction. Because there are completely different reasons involved. In fact, it is quite normal that you cannot make sense of this while reading these lines.

However, these tools For what reason was it abandoned? You can continue reading to find out.

Let’s start with a trip to Dubai, the epicenter of the action.

Dubai, the largest city in the United Arab Emirates in terms of population, is home to architecture such as Burj Khalifa, known as the world’s tallest skyscraper. It is always at the peak of expensiveness and luxury.

It would also not be wrong to say that the city’s economy is dependent on workers from different countries. One of the most interesting points of this city is undoubtedly There is no income tax. Of course, such a situation would greatly increase the welfare and purchasing power of the people.

That being the case Owning a luxury vehicle becomes reality rather than a dream. Although it is possible to encounter more middle-of-the-road vehicles on the streets of Dubai, luxury cars dominate the city in general, and these supermodel cars have become a way of life in Dubai because they are the best way to show off your wealth.

So why are these luxury vehicles thrown away, so to speak?

In Dubai, people, regardless of their lifestyle, customs and local laws These are very important for the city and are expected to be strictly adhered to. Otherwise, you will face penalties.

Dubai’s justice system is partly a mix of sharia and Western law, which that people’s actions will produce different results than expected It means. What is different here is that delaying payments is equated with theft.

So postponing the payment on a Ferrari, will go straight to jail It means. Loans in Dubai are large, abundant and very easy to get. For this reason, people do not hesitate to take out a loan to buy a new car without having to face financial difficulties.

When these loans are not paid, three different options arise. Borrowing money from an acquaintance, going to jail, or walking away by abandoning the car for which the loan is not paid!

This is exactly why people leave their vehicles in parking lots without looking back. The tools are so numerous that they in city lots or in the middle of the desert it is possible to see.

Not only were these vehicles redundant, they were also abandoned so hastily that Some vehicles still have their keys on them and they wait where they were left until the police come and tow these vehicles. This process can take days, sometimes even months.

Because local laws, this further slows down the towing of abandoned vehicles. If your location is Dubai, calling a tow truck and getting rid of this vehicle is not as easy as it seems.

What if we wanted to buy one of these vehicles?

If the person who left his car in the middle of the desert insists on not paying the debt that is still possible and disappears, It would be very difficult to understand who the owner of the vehicle is. In addition, it is not possible to find out how much debt that person has.

In addition, these tools sometimes Police patrol vehicles are made. This is also the secret of the luxury police cars seen on the streets of Dubai. Again, the city’s government organizes auctions to buy these abandoned cars, but buying a car on the other side of the world also requires a lot of courage.

Our other content that may interest you: