Most expensive cars repossessed by leasing companies

Ziarul Financiar 31.08.2009

A 460,000-euro Rolls Royce Phantom Cabriolet, a 335,000-euro Maybach 62 S and an over 315,000-euro Bentley Arnage T are among the most expensive cars to be recovered by leasing companies from bad payers, according to data centralised by ZF. Among the over 10,000 cars taken back over the last year by leasing companies from bad payers are more than ten very expensive cars, costing several hundreds of thousands of euros each, which are very difficult to resell. "Expensive and exclusive cars most of the time lose more than 30% of their value after being used for a year," explains a Mercedes Benz Romania sales representative. According to market sources, some of the most expensive cars repossessed belonged to businessman Marius Locic, who owns real estate businesses. He could not be contacted yesterday.