The March 2 auction of 33 seized luxury cars from the Chen Zhitaizi Group raised NT$430 million, with 24 vehicles sold, including a Ferrari for NT$135 million.
Taiwan held an auction on March 2 for 33 luxury cars seized from the Chen Zhitaizi Group, attracting 266 bidders. A limited edition Ferrari fetched NT$135 million, and 24 cars collectively earned NT$430 million. However, high-end models like the Bugatti 'Mountain King' and McLaren P1 went unsold, revealing selective interest in ultra-luxury vehicles. The auction reflects strong demand in Taiwan’s luxury car market, even for assets tied to legal proceedings.