BOC nets over P205 M from negotiated sale of 2 seized luxury cars

MANILA, Philippines — The Bureau of Customs (BOC) has collected over P205 million from the negotiated sale of two seized luxury vehicles. The BOC on Thursday conducted the negotiated sale for two forfeited Bugatti Chiron units, which were seized in February 2024 over lack of importation documents.  Elite Garage Corporation both acquired the blue Bugatti Chiron for an offer of P101,508,000 and the red model for an offer of P103,508,000, or a total of P205,016,000.  READ: Second Bugatti Chiron car turned over to BOC The two units failed to secure biddings for at least two previous auctions. The BOC earlier […]... Keep on reading: BOC nets over P205 M from negotiated sale of 2 seized luxury cars

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