Dubai, the city of gold, is known for its luxurious lifestyle and extravagant living. One can easily spot fancy cars zooming around the city streets, but have you ever wondered why some of these exotic cars are abandoned on the side of the road? In this article, we will delve into the reasons behind this intriguing phenomenon.
The Abandoned Cars Phenomenon
Dubai’s streets are filled with expensive cars like Lamborghinis, Ferraris, and Bugattis. However, it’s not uncommon to see these expensive vehicles gathering dust in parking lots or abandoned on the roadside. The reasons behind this phenomenon are more complicated than you might think.
1. Financial Crisis
The financial crisis of 2008 had a significant impact on Dubai. Many people who owned exotic cars before the crisis found themselves struggling to make ends meet after it hit. As a result, they were forced to abandon their prized possessions instead of paying for their upkeep and maintenance.
2. High Maintenance Costs
Exotic cars require regular maintenance to keep them running smoothly. In Dubai’s hot and dusty environment, maintaining such vehicles can be quite expensive. Owners who cannot afford these costs may choose to abandon their cars instead of paying for repairs and maintenance fees.
3. Legal Issues
Abandoning a car is illegal in Dubai. However, some owners may choose to do so rather than face legal action for various reasons such as unpaid fines or outstanding loans on the vehicle.
4. Impulsive Purchases
Dubai is known for its luxury lifestyle and shopping culture. Many people purchase exotic cars on impulse without fully considering the financial implications or practicality of owning such vehicles in Dubai’s harsh climate.
The Fate of Abandoned Cars
Abandoned cars in Dubai don’t stay abandoned for long. The Dubai Municipality has strict regulations in place to deal with such vehicles.
They are impounded and then auctioned off after a certain period if they are not claimed by their owners. The proceeds from these auctions are then used to cover the costs of impounding and auctioning the abandoned cars.
Conclusion
In conclusion, there are several reasons why exotic cars are abandoned in Dubai. From financial difficulties to legal issues, owning such vehicles can be quite challenging in Dubai’s environment.
However, it’s important to remember that abandoning a car is illegal and can result in hefty fines or even imprisonment. If you find yourself struggling with the upkeep of your exotic car, it’s best to seek professional help or consider selling it rather than abandoning it on the side of the road.