Ferrari 599 To Go On Auction In China For Just £200

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For most people the idea of owning a Ferrari is a pipe dream, one you’d probably have to remortgage your house or sell a kidney to make a reality.

Well, there may be a way you can keep your organs and your house, as a Ferrari 599 is set to go under the hammer for just £194. Wowzers trousers!

In all likelihood the cheapest model in the world, the sports car – said to be worth around £100,000 – is being sold by police in China after it was involved in a road traffic accident.

Recovering the car, police said they couldn’t find any information about it, adding that it was unregistered and uninsured.

As a result, the new owner will sadly not be able to insure it in China.

The car will go under the hammer for £194. Credit: AsiaWire
The car will go under the hammer for £194. Credit: AsiaWire

And if that wasn’t enough, according to reports, whoever manages to snap it up will have to pay £1,140 to cover unpaid parking fines the motor has accrued in the past. Well, that’s bloody brilliant.

According to the Third People’s Court in the city of Dongguan, South China, authorities have said the second-hand vehicle can only be used for ‘scrap metal’.

A spokesperson for the court said: “There is no information about this vehicle at the Vehicle Management Office, so it’s non-transferable and can’t be driven.

“That’s why it’s so cheap – we viewed it as scrap metal, and its scrap evaluation came to £276 (2,430 RMB). We then offered a 30 percent discount on that for our auction.”

It could be the cheapest model in the world. Credit: AsiaWire
It could be the cheapest model in the world. Credit: AsiaWire

It seems wrecking Ferraris might just be the motoring trend du jour (obviously, don’t try this at home, kids).

Last month shocking footage was released showing the moment a driver slammed his friend’s £560,000 Ferrari into another car, just minutes after hitting the road.

The hapless driver, known as Jin, was spotted making his way down a main road in the Wujiang District of Suzhou City, China, when the collision happened, causing more than £30,000 worth of damage.

CCTV cameras caught the incredible moment the white supercar swerved from side to side before crashing into a black Toyota, forcing it off the road and over a traffic island, then slamming into another car and a line of parked scooters.

According to reports, Jin somehow avoided writing off his friend’s Ferrari, which can be seen stopping in the middle of the road following the hair-raising incident.

Featured Image Credit: AsiaWire

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