2 Discaya luxury cars fetch P9.5 million in public bidding

National

TWO more luxury vehicles seized from controversial contractors, couple Curlee and Sarah Discaya, were sold in a second public auction spearheaded by the Bureau of Customs (BOC).

The BOC said the two vehicles fetched P9.5 million during the public bidding on Friday, Dec. 5.

The first auction in November yielded four failed bids from the seven luxury vehicles found to be lacking import entry records and documents proving that duties and taxes had been properly paid, a report by Philstar stated.

Bidded out were Toyota Tundra (2022) and Toyota Sequoia (2023), leaving the more expensive cars such as the Rolls-Royce Cullinan (2023) and Bentley Bentayga (2022) potentially up for direct offers or condemnation.

According to the report, the Toyota Sequoia was sold to businessman Jose Maria Esteban III for P6 million, exceeding its floor price of P4,669,554.50.

The Toyota Tundra was bought for P3.48 million by RMCE Metal Products Trading Corp., slightly above its floor price of P3,473,253.97.

The most expensive luxury car owned by the Discaya couple is the Rolls-Royce Cullinan, which went viral online with its built-in umbrella. It had a lower floor price of P36.28 million during the second auction, but was originally priced at P45.31 million.

The Bentley Bentayga had a floor price of P13.87 million, but didn’t attract any bidders.

Raised from the first three luxury cars totalled P38.21 million, bringing the total funds generated to P47.7 million. (MyTVCebu)