The sickening sight of a potential £94 million supercar crush

The sickening sight of a potential £94 million supercar crush

The sickening sight of a potential £94 million supercar crush

Published By PMW on 05 September 2018 16:09:15

Range of luxury cars were set for the crusher

A range of luxury supercars worth nearly £100 million were saved at the 11th hour from being put through the crusher last year.

Ferraris, Bentleys and Lamborghinis were amongst the prized assets which were destined to be crushed or auctioned off at best – even if they were not fully paid for by the owner.

The prestige cars were all seized from uninsured drivers and rescued under the thankful ‘CrushWatch scheme’ – with leasing companies said to have owned nearly 11,000 of the cars and still owed thousands of pounds.

The haul of supercars is the biggest in terms of seized in one year (2017) coming in at 94 million – up 7m on the previous year of 2016.

Top of the pile was a £318k Lamborghini Aventador whilst a further six motorists also had their Lamborghinis seized for no insurance at a combined value of nearly £1.2 million.
The list also included an Aston Martin Vanquish worth £240,000 and a Bentley Continental GT at £164,000.

In total, a whopping 113,000 cars were saved from being crushed by the Crushwatch project that prevents the police from disposing of motors. Not all the cars were of the luxury or supercar categories as some were your everyday road car but the good deed of CrushWatch means that cars can be returned to finance companies who own them - saving them from making a serious loss.

PRESS ENQUIRIES

Please send all press enquiries to the following contact:

Email: press@prestigemotorwarehouse.co.uk

 

CARS FOR SALE

Trade
£159,995
AC CARS COBRA 212 SC

AC 212 COBRA SC TWIN TURBO V8 - 1 OF ONLY 2

Every so often something very special is offered up to us here at Premier GT and our latest acquisition was something we definitely couldn't pass...

  • Body: Convertible
  • Year: 2000
  • Mileage: 21000
  • Colour: Red
  • Engine Size: 3.5L
  • Gearbox: Manual

Washington, West Sussex

Trade
£18,690
BMW 116D M SPORT SHADOW EDITION

2017 BMW 1 SERIES 116D M SPORT SHADOW EDITION

A stunning example of a 116D M Sport. This 2017 1 series shadow edition has travelled under 12000 miles. Please call for full specification. P...

  • Body: Hatchback
  • Year: 2017
  • Mileage: 11663
  • Colour: Black
  • Engine Size: 1.5L
  • Gearbox: Automatic

Portsmouth, Hampshire

The sickening sight of a potential £94 million supercar crush