By KHT Staff
KAOHSIUNG — A Ford Mustang seized from a rental car company that owed more than NT$800,000 in unpaid fines, taxes, and fees will go up for a second auction on June 2, giving bidders another chance to buy the vehicle.
The Mustang, now 11 years old, drew several bidders during an earlier auction this month, but the highest bid of NT$410,000 failed to meet the reserve price. Officials said the second auction could allow the car to sell for as little as half of the first auction’s floor price.
(Note: depending on engine, mileage, condition, import history, and modifications, a 2015 Ford Mustang is likely worth anywhere from NT$500,000 to NT$1.2 million.)
The Liberty Times reports that the Kaohsiung Branch of the Administrative Enforcement Agency said the company, operated by a man surnamed Yeh (葉), was registered near Zuoying High Speed Rail Station (左營高鐵站) and owned five luxury vehicles, including Porsche and Mercedes-Benz cars.
Authorities said the company accumulated 133 tickets for traffic violations, including illegal parking and speeding, and also owed parking fees, ETC highway tolls, and business income tax.
After the case was referred for enforcement, officials found the company had already closed, and its office was empty. Enforcement officers repeatedly notified Yeh and asked him to submit a repayment plan and turn over company vehicles for auction, but he did not respond, the branch said.
The agency later worked with the Kaohsiung Transportation Bureau (高雄市交通局) and used the city’s parking management system to track one of the company’s vehicles, an imported Ford Mustang, to a roadside parking space in Siaogang District (小港區). Clerks and enforcement officers then went to the site with National Taxation Bureau personnel and seized the car.
