Let’s talk about what happens to unused and unwanted luxury cars. Dubai Supercar Scrapyard has a variety of high-class vehicles available for purchase, with new ones being added every day. This article covers all aspects of the company; from abandoned car prices in Dubai Supercar Scrapyard auctions to how they are created and what they are made out of when they are built.
Let’s Start With Dubai
In the future, Dubai will be able to house every resource needed for people who want to live comfortably without leaving the country. This wonderland is made possible because of its many luxuries and attractions – such as Atlantis Dubai, Burj Khalifa (the tallest building in the world), Burj Al Arab (the most luxurious hotel), chic skyline and infrastructure; not forgetting SimCity and Disneyland either! With these things in place and so much more, you can only imagine how many wealthy individuals come here with an urge to explore new territory. But they don’t just explore…they buy some of the fastest cars on earth too! This results in lots of supercars driving around this already wealthy city.
Arabian Gazelle has over 100 members who happen to own some of the most expensive luxury and supercars. Some of them have even been recognised by CNN, BBC, Daily Mail, Vanity Fair, Vogue, Forbes, McLaren, Ferrari and BMW – just to name a few. Upon consideration of this information you might think that many abandoned supercars would be available in Dubai – right?
Surprisingly enough though it seems as if there are more abandoned supercars in Dubai than anywhere else; because when its comes to abandonments Dubai is apparently number one! According to sources 2000-3000 cars go untouched every year. So while it’s not unheard of for people to leave their car behind in towns other than Dubai – things can get much worse here since all types of rich people (like celebrities) come visit.
Supercar Scrapyard in Dubai and Its Location
Although commonly known as the Dubai Supercar Scrapyard, this abandoned car yard is actually located in Sharjah to the north of Dubai. And it’s about thirty minutes away from Dubai city center. The scrapyard is one of the largest car dump yards in United Arab Emirates and in the world; nearly every type of vehicle will be found there! People come here from all around for photos and exploration purposes – but when they’re done sightseeing, they can buy supercars online at this place too!
Types of Supercars You Can Find in Dubai Supercar Scrapyard
There are literally every single make and model of vehicles you could ever imagine here in the Dubai Car Graveyard! From high performance supercars to slow and steady family sedans, this junkyard just got its name for good reason. Of course, with so much variety we’re sure there’s something here for everyone – from those looking for a new Ferrari convertible to start off their summer vacations to those who need the newest Dodge Charger to finally fix up the family minivan.
But while most people come here just because they’ve had too many drink driving charges or simply want an upgrade, some come specifically looking for rare models like vintage Jaguars or American muscle cars. And it’s little wonder why – these luxury vehicles depreciate far slower than other makes which means they’re always going to hold their value. Which is why nowadays when someone says they want a new car, what they really mean is that they want an old one – preferably in perfect condition!
In addition to these basic cars, you can find more luxury vehicles such as Nissan Patrols and Toyota Corollas. Even from this small amount we are able to get an idea of what kind of car they are providing at this junkyard – which seems like a great deal for consumers who want quality vehicles. Now let us take a look at some photos of some expensive vehicles at the abandoned supercar scrapyard in Dubai. And after that I will talk about how much the abandoned superstars cost there.
How to Buy Abandoned Dubai Supercars – Dubai Abandoned Car Market
It would be best to visit this place if you are residing in Dubai, but if you aren’t (or live abroad) and want to purchase one of these supercars for salvage or spare parts – it can all be done online. For example, please see how to buy abandoned/used supercars in Dubai from the aforementioned link. If my answer hasn’t been clear enough – just know that there is a post titled how to buy abandoned supercars in Dubai which should have answered all your questions.
How Much for Abandoned/Used Supercar in Dubai?
One of the many reasons that causes people to pour through abandoned Dubai supercars is because of the low prices. Variety amongst other different factors also affects these types of commodities because in a scrapyard, almost anything is just lying around without being watched over. There’s one thing you need to know though – it doesn’t matter if they’re crashed cars or just abandoned and old models; they’re still really affordable at this point which makes them quite popular amongst buyers and sellers alike.
Here are some random examples of what you would expect when visiting a car yard in Dubai; note however, the included prices might differ depending on whether it has been neglected for longer periods or was recently acquired (probably due to an unfortunate event).
- 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 types of cars in the Dubai scrapyard based on their condition, so too can there be various explanations for why supercars get abandoned here. One possible explanation would be that they’ve been involved in an accident and is common around the world. In this regard, I tell our Dubai-based readers to always drive safely. I think as it is such a flashy and glamorous place – some owners might not want to fix their wrecked car because of how extravagant it may look and thus abandon them or sell them for cheap prices.
Another possible explanation for abandonment could be due to the city’s laws about debt repayment from 2008 which at its peak during the global financial crisis meant many expensive supercars left the city because of an inability to afford these repayments anymore.
This is because under Dubai law at the time, a person who failed to pay a loan was at risk of imprisonment and subsequently fled the UAE leaving their expensive cars behind. Fast forward to this day, according to 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 bouncing cheques were classified as criminal offences resulting in imprisonment. So when many expats lost their jobs, they simply left their rented accommodation without paying rent or debts, he said. For about two years – from 2008 to 2010 – it was true that there were abandoned cars seen everywhere; now it doesn’t happen so much.
People buy expensive luxury cars here all year round, so it stands to reason that those who bought vehicles in Dubai since 2008 would have been able to do so again since 2010. They might not be getting new ones, but the supercar graveyard continues to collect a trove of expensive rides. Dubai authorities continue seizing luxury vehicles from drivers up and down the road – people simply don’t bother returning their old ones when they move away from Dubai or decide to give up their leaseholds.
And according to Mr Reid’s discussion with Car Advice, both are legal reasons for them to be doing so – either you’re nabbed by officials for illegal behavior on the road or you’re letting your car expire before you sell it back for what remains of its worth. As long as you meet certain criteria – such as avoiding traffic violations and speeding at twice the designated rate – then your vehicle won’t make a stopover at an impounding center before you finally bid farewell to it.
What Is Dubai Abandoned Car Market?
Though others may refer to Dubai’s car scrapyard as an abandoned car market, this isn’t exactly true. In reality, what we could call an abandoned car market is actually the auctioneers who sell old cars for impounded vehicles. Usually when a person abandons his/her vehicle, then it will be taken into custody by both the local authorities – usually referred to as police in these parts – and banks that finance auto loans made for those vehicles.
Who can buy Abandoned supercars?
The bulk of supercar auctions for abandoned cars are invitation-only events. When the auction of abandoned cars is posted, prospective bidders are required to register with the police and demonstrate that they have enough funds for a deposit. These potential bidders must complete the registration process before being given access to an invite only auction.
What are the prices of Abandoned Cars in Dubai?
One factor behind the increased demand for abandoned cars is the cost. One way to save money at this juncture is by taking advantage of scrap car auctions where it’s possible to purchase a number of used SUVs and other high-quality vehicles for mere pennies on the dollar. Of course, these deals can come with a few strings attached; some cars might have flaws that make them unsuitable for use as intended. Consequently, there are some important considerations when evaluating whether or not an automobile will fit your needs.
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 for purchase. We strive to get you this information; kindly share it on your social platforms. Thank you and stay a pro!