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Would You Abandon These Cars? (4 pics)

  • Category: Pics  |
  • 15 May, 2014  |
  • Views: 7928  |
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This is proof that some people just have way too much money. Rich people in Dubai threw these luxury cars out like they were nothing. Would you do the same?

Every place in the world has to deal with littering of some kind. Dubai has a very unique problem. Streets and car parks are littered with abandoned luxury cars. Many of these have been abondoned in the airport car park. Among them a 1.6 millon dollar Ferrari Enzo. Most of these cars originally belonged to foreign investors. Investors flocked to the area because of the once booming property market. At one time Dubai was the hub of the oil economy. This was before the financial crisis.

1 Would You Abandon These Cars? (4 pics)

When times got hard and investors could not afford to make loan repayments they rushed to leave the country. Both foreign and local investors rushed to the airport in order to avoid jail terms. In Dubai there are no bankruptcy laws and no protection for people in financial difficulty. Some of the abandoned cars have apology notes attached and loan documentation. There are a few that even have the keys in the ignition.


2 Would You Abandon These Cars? (4 pics)

The previous owners can not ever reclaim their cars even by paying associated debts. This is because they will be arrested if they attempt to. Under Sharia law it is a criminal offence to have any unpaid debts. Missing a payment on a credit card or even bouncing a cheque can result in jail time.


3 Would You Abandon These Cars? (4 pics)

It is estimated that over three thousand high end vehicles have been abandoned. Eventually they are impounded and auctioned to the highest bidder.




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№1 Author: candysack (15 May 2014 01:41) Total user comments: 1436


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you can go to jail for a bounced check, yet it can be legal to kill gays or your wife under certain circumstances. i see no problem here

:13:
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№2 Author: adzhoe (15 May 2014 05:41) Total user comments: 14959


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A whole nuther world over there...
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№3 Author: saint357 (15 May 2014 13:46) Total user comments: 2366


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and some wouold say we're sick, really :02:
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№4 Author: Phynix4 (15 May 2014 15:59) Total user comments: 5461


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spent several tours over there, fellas, you have no idea. We are talking about a group of people that have the same religion, yet still kill each other over ideology. Seriolsy, it is like Methodists killing Baptists, both Christian, both biblical, but one is emersion, the other is sprinkle.
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№5 Author: Lu (15 May 2014 20:26) Total user comments: 15082


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'And the beat goes on'
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№6 Author: velio70 (15 May 2014 20:44) Total user comments: 1654


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I would love to see that city turn into a rotting hull for the buzzards to pick over.
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№7 Author: Tomaz86 (16 May 2014 00:56) Total user comments: 10815


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all right :04:
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