Let’s talk about Dubai supercar scrapyard and the types of abandoned supercars for sale you can find in it.
This article focuses generally on Dubai supercar graveyard and types of high-end cars you can find there. Specifically, it touches on types of abandoned supercars for sale in Dubai, Dubai supercar scrapyard auction (firms), abandoned Dubai supercar prices and how to buy abandoned Dubai supercars.
Let’s Start With Dubai
First up, Dubai is a futuristic city with otherworldly glitz and allure thanks to such attractions as Atlantis Dubai, Burj Khalifa, world’s tallest building, Burj Al Arab, world’s most luxurious hotel, the city’s chic and posh skyline and infrastructure. In fact, the UAE city is like SimCity, Disneyland, some wonderland or even better.
Given the foregoing, it attracts affluent and adventurous people from all over the world. And what do affluent people drive? They drive luxury and supercars. As a result, Dubai has become one of the rarest cities with the most supercars in world. Honestly, supercars are not hard to find in the Middle Eastern city. In fact, the Arabian city is the home to the world’s first and only female-only supercar owners club, Arabian Gazelles.
Arabian Gazelles has over 100 members who own some of the most expensive luxury and supercars. They’ve been recognized by CNN, BBC, Daily Mail, Vanity Fair, Vogue, Forbes, McLaren, Ferrari and BMW, among others.
Sequel to the foregoing, we could deduce that there would naturally be some abandoned supercars for sale in Dubai, right? That’s right, but it’d surprise you that the scrapyard in Dubai has more supercars than you could imagine, so that Dubai is home to some of the most abandoned supercars in terms of city. According to Gulf News, approximately 2000 to 3000 cars are abandoned in Dubai each year. Hence, premium vehicles being abandoned is not an uncommon sight in Dubai.
Supercar Scrapyard in Dubai and Its Location
Although popularly referred to as Dubai supercar scrapyard, the abandoned car yard is actually located in Sharjah to the north of Dubai. It’s some 30 minutes’ drive from Dubai city center. The scrapyard is one of the biggest car dump yard in UAE and in the world. You can find virtually every type of cars here. This yard is visited by people from all over the world, although you can buy supercars in the scrapyard online. I’m coming to that.
Types of Supercars You Can Find in Dubai Supercar Scrapyard
As said earlier, you can find virtually every type of cars in the Dubai car graveyard. From supercars, through luxury cars, vintage cars, classic cars to regular cars, Dubai supercar scrapyard has it all. Interestingly, you can find such grand cars as Bugatti Veyrons, Rolls Royces, Bentleys, Lamborghinis, Ferraris, Koenigseggs, Range Rovers, Mercedes (G-Wagens, Maybachs and AMGs), BMWs, Audis, Mustangs, Aston Martins, Porsches and Dodges. It’s more or less sad for owners and fortunate for prospective buyers that these incredibly luxurious cars are frequently being abandoned. Given their rarity, many of them could potentially appreciate in value, therefore could be a great investment. It’s little wonder North London’s company, HushHush, would pay one lucky employee a £30,000 basic salary plus commission for every deserted supercar that’s acquired through them and sold, on top of full living and travel expenses.
You can also find such regular cars as Nissan Patrols and Toyota Corollas, as said before. Sounds like a place where one can get much value. Let’s now see some actual pictures of sophisticated cars in the abandoned supercar scrapyard in Dubai. After that, I’ll touch on the price of the abandoned supercars in Dubai.
How to Buy Abandoned Dubai Supercars – Dubai Abandoned Car Market
It’d be nice to visit this place if you’re in Dubai but if you’re not (in Dubai) but want to buy one of such supercars to salvage them or for their parts, you could do that online where the cars are auctioned off. Please see how to buy abandoned/used supercars in Dubai. The foregoing link should answer the question of how to buy abandoned supercars in Dubai.
How Much for Abandoned/Used Supercar in Dubai?
The cost of abandoned Dubai supercars is one of the reasons why people pour out for them. Another reason by the way is variety. Dubai scrapyard supercars are sold cheap and they are some of the cheapest in the world. The prices they’re sold for are nothing compared to the original prices. It’d be interesting to mention that crashed luxurious cars are appreciably cheaper than the abandoned ones but the abandoned ones are, again, some of the cheapest ones in the world.
Below are price samples of what you could expect in the abandoned supercar market in Dubai. Note that the following samples may either be abandoned and having a faulty or working condition or may be crashed but repairable. The samples with prices closer to the original prices are all virtually abandoned cars with a working condition and maybe with minor “fault”.
- Albina B7 which costs about $34000 to $37000 for a new one could sell for about $12,000.
- BMW 6 series which costs as much as $121,427 for a new one could sell for about $75,000.
- BMW X5 which could cost as much as $72,137 for a new one could sell for $4,000.
- Ferrari California T which is in a good condition and which could cost about $270,000 for a new one could sell for a measly $35,000. In this case, repair may cost up to $4,000.
- A 2016 Range Rover Sports could sell for a meager $19,000.
- A 2016 Ferrari FF which is in a good condition and which could cost $108,896 when new could sell for $68,000.
- Chevrolet Camero which might be sold $25,000 when new could sell for $6,806.
- A Ferrari 458 Spider which could cost $204,181 for a new one could sell for about $84,000.
- Honda S2000 GT could sell for a measly $2,722.
- A Mercedes C63 MKB Edition which is in a good condition could sell for $16,334 to $19,056.
- Jaguar XF could sell for $13,612.
Why Are Supercars Abandoned in Dubai?
As there are different cars in Dubai scrapyard in terms conditions, so are there different reasons to why supercars get abandoned in Dubai. The first reason would be accidents and this is pretty much expected anywhere in the world. In this connection, I say to our Dubai-based readers to always drive gently. I suspect that as Dubai is such a glitzy and glamourous place, some supercar owners wouldn’t want to fix their crashed supercars and thus abandoned them or sell them and they’re usually cheap.
There’s another reason and this may be peculiar to Dubai or a few cities and that’s the city’s financial laws and this dates back to 2008. At the peak of the Global Financial Crisis in 2008, a large number of exotic and expensive supercars and luxury vehicles were abandoned in the city as their owners could no longer afford the repayments.
This is because under Dubai law at the time, a person who failed to pay a loan was at risk of a jail sentence, and consequently fled the UAE leaving their expensive cars behind. Fast forward to this day, according to a motoring journalist, Damien Reid, a Dubai-based Australian, “… there’s no longer a risk of jail time simply for loan default.”
“Many people did ‘dump and run’ during the (2008 to 2010 Global Financial Crisis) because back then a bounced cheque was a criminal offence resulting in a prison sentence.”
“So when many expats lost their jobs, they simply walked out of their rented accommodation, left their cars and credit card debt behind, and jumped on a one-way flight,” he said. “So for about two years, it was true, you did see abandoned cars, and back then the airport car park had a lot of dusty exotica.”
People are effectively buying abandoned supercars in Dubai year in, year out which means these buyers should have exhausted the luxurious cars seized in Dubai in 2008 and even in 2010. While that’s true, the supercar graveyard welcomes scores of luxurious cars as authorities to this day still seize plenty of supercars, and many expats still leave cars behind just because they are too lazy – or too rich – to be bothered selling their secondhand luxurious vehicles.
According to Reid’s exchange with CarAdvice, Dubai police can impound cars for three months if a driver is caught running a red light, tailgating, driving on the hard shoulder, or travelling at 45km/h over the speed limit, “so the impound yards for cars are always full and always have some good supercars in there”.
Before a car is impounded, it’s issued a notice and its owner is sent a notice which could be via SMS. If the owner doesn’t respond within 15 days, the car gets seized and the owner has until six (6) months to claim their car after paying a fine. Once six months, being the deadline passes, the abandoned or seized vehicles are auctioned for a fraction of their original price.
What Is Dubai Abandoned Car Market?
I suppose many people may consider Dubai car scrapyard as Dubai abandoned car market. But it might pretty much not be so; rather, a more appropriate place to call Dubai abandoned car market would be the auction houses who sell abandoned cars. Abandoned cars are usually under the custody of Dubai police, banks or the owners.
Conclusion — Abandoned Supercars for Sale
The combination of abandoned cars and those wrecked in crashes – make Dubai home to one of the richest and most valuable scrapyards in the world. In other words, it’s the place with the highest density of very expensive vehicles left to rot. You could avail yourself of this abandoned luxurious cars’ wonderland. We strive to get you this information; kindly share it on your social platforms. Thank you and stay a pro!