HomeLatestFerrari Auctioned for Over 170 Million Yen, Sets New Record

Ferrari Auctioned for Over 170 Million Yen, Sets New Record

TOKYO, Nov 15 (News On Japan) –
A Ferrari seized from a tax delinquent was auctioned by the Tokyo Regional Taxation Bureau, fetching over 170 million yen, the very best bid ever recorded for such an public sale.

Internet public auctions are a process used to forcibly promote seized belongings to gather unpaid taxes.

In this public sale, the Tokyo Regional Taxation Bureau listed the Ferrari with a minimal bid value of 71.3 million yen.

A complete of 127 bids had been submitted, with the ultimate bid reaching roughly 171 million yen.

In August, the bureau additionally auctioned one other Ferrari, which offered for roughly 94.3 million yen.

This newest sale surpassed that determine, setting a brand new file for public sale costs.

Source: ANN

Source

Latest