TAIPEI (Taiwan News) — A fleet of luxury vehicles, including Ferrari, Rolls-Royce, Porsche, and Mercedes-Benz, seized in connection with alleged violations of the Banking Act and fraud cases, will be auctioned by the government on July 14.
The Taipei District Prosecutors Office has entrusted the Administrative Enforcement Agency's Shilin Branch to organize the public auction. The vehicles are being sold as part of efforts to dispose of seized assets while preserving their value. Detailed information on each vehicle, including exterior and interior photos, has been posted on the AEA's auction website.
The Shilin Branch said high-value vehicles can accumulate significant storage costs if held for long periods and may rapidly depreciate. Public auctions help maintain the value of seized assets while increasing the possibility of future compensation for victims, according to UDN.
Among the vehicles available for bidding are several high-end models, including a 2019 gold Ferrari 812 GTS equipped with a 6,496cc V12 engine, a 2014 Ferrari F12 Berlinetta, and a 2017 white Rolls-Royce Wraith luxury coupe.
Other vehicles in the auction include a 2017 Porsche 718 Boxster S, a 2023 all-electric Porsche Taycan 4 Cross Turismo and a 2022 Mercedes-Benz A180.
Members of the public can inspect the vehicles from 9:30 a.m. to 10:30 a.m. on July 14 before the auction begins. Interested bidders must register during the viewing period, present identification documents, and pay a NT$3,000 (US$100) cash deposit to receive a bidding number. Numbers will be issued on a first-come, first-served basis.
Successful bidders must complete payment through bank transfer or credit card, according to the Shilin Branch. Additional auction details and eligibility requirements are available through the Shilin Branch's official announcement website.
The auction follows a similar government sale in March, when Taiwan auctioned 33 supercars seized in connection with a money laundering and fraud investigation involving Cambodia-based Prince Group. The auction, held at the Taiwan Police College in Taipei, sold 24 of the 33 vehicles and generated NT$4.3662 billion (about US$133 million) in proceeds, per ETtoday.
