Every year, airports and parking lots all around the United Arab Emirates are filled with supercars such as a limited edition Ferrari Enzo, Lamborghinis, Porsches, Bentleys, Nissan Skylines, and even a Honda NSX.
Most major cities have to deal with challenges like unemployment, crime, and housing, but Dubai has to deal with an epidemic of luxury car overproduction that is making headlines internationally.
2,000 to 3,000 cars are reportedly abandoned in Dubai each year, according to Gulf News. They are simply abandoned by their owners, left to collect dust in the sweltering desert. Now let’s talk about the reason these hypercars are left in the desert.
This is related to the economic demographics of Dubai. With over 90% of Dubai’s population being foreign-born expatriates or ex-pats (citizens residing in or working in a country other than their country of citizenship), they are also subject to Dubai’s laws.
Anyone would find it strange that people would just leave their six-figure-worth automobiles to be worn away after they are photographed in Dubai.
Social media erupted in anger after images of a £1 million Enzo were posted and the state of the vehicle was revealed. People simply assumed that Dubai’s ultra-privileged residents were so wealthy and apathetic toward their possessions that they would simply trade in their expensive cars when they got bored and buy new ones.
However, Dubai’s struggle to cope with the effects of the global financial crisis and the high oil costs is the underlying cause of these expensive cars being abandoned.
Expats, primarily Britons, who move to Dubai and Abu Dhabi in search of high-paying professions own a lot of cars. Luxury cars are at the top of their list of purchases once they start to make money. and then started to struggle to pay for basic necessities.
Dubai’s legal system is based on Sharia Law, which makes it a crime to not pay any debts. Since there are no bankruptcy rules in the UAE, anyone who don’t make their auto payments, credit card bills, or mortgage payments face an immediate sentence of imprisonment without the slightest chance of leniency.
Due to the ease with which loans are available, expats borrow money to purchase these supercars but frequently find themselves in debt and unable to pay back their debts because of the high rate of job turnover in Dubai.
As a result, expats feel that leaving the nation is preferable to staying and running the possibility of going to jail. They are compelled to depart for their home state after being forced to give up their lives and their vehicles, often with the key still in the ignition.
While there are other possibilities, running away is a relatively common one. This is not just the case for expats; even residents of Dubai, seduced by the city’s richer-than-rich mentality, end up leaving their automobiles at home and going for a run.
Interpol has been established as a result of Sharia-influenced debt violations, and it now issues red flags to catch indebted Europeans before they leave the UAE.
Ferraris, Koenigseggs, and costly BMWs have all been abandoned in the last five to six years as their owners fled bankruptcy brought on by financial difficulties. If abandoned vehicles impede traffic or pose a safety risk, they are moved and impounded; otherwise, they are just left abandoned for years before being found.
This also implies that one cannot own these vehicles because they are typically used as police cruisers because they are ideally owned by the bank and were borrowed.
The only positive outcome of this is that auto enthusiasts may come and purchase amazing machine components for expensive automobiles that have been seized by the police at discounted costs. Typically, owners have 15 days to reclaim their vehicles before they are declared state property and put up for sale.
Here is a Summarize :
Dubai is known for having a large concentration of premium automobiles, especially supercars. To argue that Dubai is a supercar graveyard, though, is untrue. Supercars have been abandoned or thrown away in Dubai, it is true, but this is not a typical event and shouldn’t be used to describe the city as a whole.
The idea that Dubai is a place where supercars go to die may be influenced by a few causes. One factor is the city’s sizable expatriate population, many of whom move away after working there for a while. While residing in Dubai, some of these expats may have bought supercars, but they left the cars behind when they departed the city. This may cause abandoned supercars to show up on Dubai’s streets.
Another concern is Dubai’s hot and muggy weather, which can be detrimental to automobiles. Supercars can be especially vulnerable to problems in these circumstances due to their high-performance engines and cutting-edge electronics. Due to this and the exorbitant expense of upkeep and repairs for these cars, some owners may decide to sell their supercars rather than shell out money for maintenance.
It’s also critical to recognize that the media contributed to the idea that Dubai serves as a supercar cemetery. This perception of Dubai may have been influenced by the countless articles and films that have highlighted deserted supercars there.
In conclusion, even while there might be some cases of supercars being dumped or abandoned in Dubai, it would be inaccurate to say that the city serves as a graveyard for these automobiles. This perception is influenced by a variety of elements, including the city’s expat community, the weather, and the media’s emphasis on abandoned supercars.
Source : mirror.co.uk | please dm for removals
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