Racing cars and other oddities are available at the tax authority’s online auction

What could be more extreme than driving on the streets of Budapest with a Porsche, Tesla or Crossover? Still, it is not unsolvable; at the online auction website of National Tax and Customs Administration (NAV) one can get these now.

For more than ten years, the tax authorities have been selling assets at online auctions that they seized due to public debts and customs and criminal proceedings. The supply covers a wide range of movable and immovable property. Approximately EUR 4 million (~HUF 1.47 billion) of NAV’s EUR 5,52 million (~HUF 2 billion) auction revenue last year – 5% more than in the previous year – was generated by more than twenty thousand online bids. On the online auction page, current and future auctions are listed separately.

Among the advertised bids, there are two Formula-Renault 2000 racing cars, both manufactured in 2002, at a starting price of EUR 69,000 (~HUF 25 million);

and a Formula BMW racing car manufactured in 2005, with a bid starting at EUR 27,6 (~HUF 10 million).

For a more visual experience, check out how such racing cars were ridden in the heart of Budapest at the Great Race in 2019.

So far, these cars are only in the so-called Announced Auctions category for NAV; bidding will be held at the end of January – reported by Telex.

Besides several types of alcohol – whisky, vodka, absinthe, gin, Metaxa, liqueur, Jägermeister and Unicum – one can find some useful items for New Year’s Eve as well. By way of example, electronic household appliances are also available at the auction, including iron and built-in oven.