The story of the SEIZED Chinese Koenigseggs! 

Australia still has a luxury car tax to protect the local car industry… but we don’t have a local car industry

Our pleasure to work on the history of these two cars, probably the most challenging undertaking so far… :) Cheers!

Never underestimate the potential of a terrible picture when buying a car. That’s how I found my near mint condition 66 mustang!! The worse picture the better. The one that looks like it was taken by a Nokia flip phone, underwater. It could be just some old dude that wants to get rid of it lol

Fantastic video, Ed! We’re thrilled you took interest in this story and that we were able to help by sharing all of our knowledge. There are a lot of wild, VINwiki-worthy, Koenigsegg stories out there, but this is certainly one of the best! We’ll be watching the auctions on August 18th/19th closely. With the Agera RS starting bidding at $2.2 million and the Regera starting at $2.53 million, let’s see what kind of price each car fetches and what the next chapter entails for each car!

My wife is Native American and we don’t have to pay sales taxes on vehicles delivered to us on her reservation.. all my cars are in her name for that reason.. lucky for me this is a community property state…

The amount of research that goes behind these videos and the registry for these cars must be insane

The absolute insanity is 9 out of 10 times these cars will just sit and never really be driven.

I love listening to your stories, ed. You're so articulate and specific, it's like I'm there.

Koenigseggs definitely are eligible for show and display registration- one of the main qualifying elements is being able to demonstrate the significance/importance of the vehicle type in question, and being one of the car manufacturers that completed back and forth for world record fastest production car is certainly enough to qualify for significance.

Thank you for saying it’s relatively cheap to own a car in the US than other countries. I see Americans complain about vehicle prices and gas cost when outside America price are way worse. Most markets cater to America and you guys have a great selection of new and used cars unlike some other countries.

Somebody just dropped $7.25 million on a Honus Wagner baseball card, so I guess $2 million for a Koenigsegg is reasonable.

No, Ed. I won’t be able to afford my dream car one day because someone decided to curate their history and make the prices quadruple…

Can we talk about cars in LA garages that are rotting away 💀💀

Ed is spot on about auto ownership being cheaper over there. Getting a Challenger Hellcat in Australia costs about $150k USD before you even get into the thing to drive it for the first time

What I am concerned about this is how their life will be after the auction. Cause the agera R+ that you mentioned is an absolute tragic. The R+ is a truly stunning car owned by a dj here in China (and he is a person who truly love cars), in 2020,it had a slight oil leak issue when attending a track day, but nothing too crazy. As a Chinese, I can tell you that those so call ‘enthusiasts’ started posting all sorts of different comments over the internet that really damaged the reputation of the car. It later went through the hands of a few owners that just didn’t care about it and kept using it as a tool to create content on douyin. It wasn’t until late 2021 that someone bought the car and then it never reappears on the internet again. It’s just heartbreaking for us to see how those people were treating the cars here, and I truly hope that these two can fall into hands of people who truly love cars like Ed.

If I had 2.5 mil I’d buy more than one car. Even with the love I’ve had for koenigsegg

Ed: “The taxes aren’t too bad” *Georgia TAVT has entered the chat*

In Denmark. The registration tax is 180% of the car’s value. If it has more safety features it goes down pr. Safety feature. So you get a tiny deduction on the car. On top of that you still have to pay the standard 25% sales tax that are levied on all sales. A Audi A6 Avant 40TDI 2022 in the US starts at $55.900 The same car in Denmark starts at $96.500

The SSC is a joke, please do not bring it up again unless you are bashing them.

It’s not unheard of to see an exotic car with dealer registration here in Australia. The lengths enthusiasts will go to!

Imagine paying 200% import tax on top of 1$ x4 because your currency not that strong

When you build cars so expensive, they cost so much to fix that they end up wasting away. Love it 😞

Update: The Agrea R acution was stop mid actution and no one got the car for some reason. However for the Regera my friend's bussiness partner was able to win the acution and made the payment for the car, but the acution company refused to sell the car to him even after the payment was received and claimed that there was hacker attacking their server when the acution was happening. It is most likely that the acution was rigged and the car was already sold to some insider with realtionship to the auction company.

By the title I thought these were China cloned car's but the fact that they are real makes it even more interesting 🤔 thanks for the hard work and dedication to finding truly interesting content.

It’s only “cheap” if you have the money.

To the Brits on here. Katie Price's (Jordan) pink Range Rover is up for sale for £10k. Things been banged more times than she has, but it's got Ed Bolian stamped all over it.

In Saudi Arabia owning a car is really cheap gas here is way cheaper than the US and insurance is also way cheaper

Thailand has a 300 percent tax on vehicles not made in country. I'm surprised emperor Winnie the Pooh hasn't just claimed them.

Show and display... I read into it, and about for example the Saab NG9-5 Wagons, arent able to be registered for show and display in the US, which i find weird, as they are very rare. Only 27 of them in the entire world.

Very good points about the US being a cheap place to own amazing cars. There was a lot going on behind the scenes with these cars.

India Has 200% Import duty to exotic vehicles

In the US is crazy cheap compared to colombia, here for instance a 992 base 911, is about 200K USD and the anual cost of insurance is about 10-15K usd

seeing expensive cars dusty gets me more mad than excited...

A lot of people are complaining about taxes on luxury cars... The way I see it, someone has to pay the bill for schools, hospitals, the fire service and all the other public goods. I'd much rather pay a high tax on unnecessary luxury Items than on my monthly pay check. Here in the Netherlands these taxes are a lot lower on small and low emission cars and even lower on commercial vehicles.

You didn't really mention their story, just their current status in China.

The reason you don't see a ton of miles on Koenigseggs is because they usually sit in collections to accumulate value with low miles.

In my country you pay for registration depending on kilowatt's. And in general by the power of the car. And that's pretty stupid since if some rich person buys newest car for some high ass price he pays same or in most cases less than as some random guy owning some late 90' or 2000 car.

I feel like manufacturer’s in cases like these Should just buy the Cars back, fix and resell them. Especially cars sold in such low numbers.

Yup in malaysia the import duties is expensive need to factor in excise duty. It cost more to buy imported cars. Plus the road tax are based on engine capacity not carbon emission. Thats why we dont have V8 running on our shores

Awesome story! My dad once looked after an original 1960s Ford GT race car, the owner used to track it once in a blue moon but otherwise it'd been sitting in storage for decades, it sat on one of his ramps for nearly 2 years in such a sorry state it was really disappointing to see it not in use, thankfully it's been sold and hopefully it won't end up in a car bubble

In Thailand rich people and car dealers who import super cars and hyper cars will take some essential and expensive parts out (e.g. the ECU or the wheels) prior importation. When the cars arrive those owners report the police to seize the cars which they will receive a big percentage of finder’s fee. When those car are up for auction those owners will use nominees to bit for them. The price they pay is much cheaper and they have finder’s fee which can be used to further deduct what they pay. People are reluctant to bit because the missing parts are very expensive and some car dealers won’t sell those parts and, mover over, no one dares to bit against those people since this business is a mafia-ish business and involves the customs and the police. In Thailand important duties on these type of cars is 300% +7% VAT.

Ed is going for the mountain man beard look these days

can you talk about the SEIZED FERRARI ENZO at the LEBANESE airport? its been sitting there for more than a decade

That’s fact!!!!!! In Thailand taxes for cars and automobiles is 200% !!! Can you imagine Mercedes benz price in Thailand is same as lamborghini price in the USA.

All cars in Taiwan are 2 times the price of the United States, but it does not affect those rich people buying cars. Here a brand new senna is asking for $2.1 million, but there are more than 20 here. All the limited cars you can think of are here, like sian senna gtr senna lm centenario p1 laferrari etc. A lot of cars are even more than 20. You have to know that the population is only 23 million.

This dude could tell a story about nothing and I’d still be interested just because his articulation is A1

4:02 lmao yeah, cause your average person can realistically dream of owning a Koenigsegg, you a funny man Ed

Yes, I bought a near perfect 89 Guards Red/Champagne 930 G50-50 turbo cab, one of 744, with 30K miles, in Calabasas, in the 90's, off Auto Trader for 28k......it had half flat tires in the picture, looked whacked amongst the dozens of faux "slant-nose"/Strosek/Gemballa replica on 912/911 2.7 chassis commonly offered for sale at the time here in SoCal😎

Here in India we have the same import duties and taxes too, over 200% as a result we don't have any hypercars here, which sucks, even the supercars here are double or triple the price that's why seeing them is such a rare sight, also the roads here are honestly the worst, which is why I aspire to move to the US so I could have a chance of owning a supercar and actually drive it

By a expensive car here in Canada and you will pay a 25% luxury tax on a vehicle over $250000 plus 5% Gst and 7 percent Pst. That is 32% sales tax on a new vehicle. Anything over $50,000 is considered a luxury vehicle and the tax goes up 5% for every $50000 up to the max 25%. Our dollar is weaker than the US dollar so a $250000 car is under $200000 USD. Buy a half a million dollar car here and you are paying $175000 just in tax alone. And not only that, the luxury tax still has to be paid again if the vehicle is sold. This has tanked the luxury car market here.

A modern koenigsegg is my dream car. Either a Jesko or Gamera.

Remember the good old days of energy independence? Sigh. Thanks organized Jewry. At least the first ad in this video was for Ford.

I feel like Dubai is wayyy cheaper to buy & maintain a car than the states tbh

Ed at 1:08 you mentioned how when you buy a new car the sales tax, Fee’s, est. are cheap and no where near 10% of the cars value. In Pennsylvania, theres a 6% sales tax, plus hundreds of other dollars in fee’s, registration, and insurance. I believe the cost to own a car in this country should be much much less and most of the registration, and sales tax (especially everytime the car is sold, not just bought new) should Be abolished. It is true theft

Update 19 year old bought the Regera for 3.52 million

One could only imagine the logistics nightmare to get these stateside.

The Regera R was sold in 2018 in auction for ¥8ish million

In EU I only pay VAT 1 time on a new car. If I sell it used next owner pays no VAT (tax ). In US. Tax is paid every single time a car gets sold. Even if it gets sold 10 times over. Tax is paid each time. If that isn’t fraud I don’t know what is.

Recently they have been sold thru govt auctions. The regera sold for about 6M

Ngl the pronounciation of "Ängleholm" was pretty good.

We're paying $6.79 a gallon for gas here in california, you mean to tell me somebody out there is paying $13. 58 cents a gallon?

In my country, the import tax are the worse.

Tbh in the Bahamas it's cheap to own a car as well. But just gas prices are high here. Other than that

You’re telling me if I buy a million dollar car in Europe I have to spend a million dollars just for the fees no way it almost sounds like no one should have enough money to spend a million dollars on a car not to mention there’s no single car that’s actually worth a million dollars

I’m ready for a PKA Kyle story

Wasn't there a video about 2 Korean Koenigsegg's someone was chasing down? Haven't got far enough to figure if it's related.

Iv been telling my friends in the US this for years... America is so cheap when it comes to cars and fuel but your property market is the worst ,almost every house is over priced. I have 2 beach houses and my main home has 11 bedrooms,cinema,elevator and indoor pool and cost about the price of one decent home in America.

100% pricing increase in gas.. and the new 10k 20k big from dealerships

i currently bring home about $35K usd a year. ill NEVER be able to get to drive an all white on white 458. thats why its called a DREAM car.

Makes more sense then buying a piece of canvas with some paint on it for a 100.000.000$!

I'm from Ireland. There is more millionaires and billionaires per capita here than in the uk, yet the uk is a wash with super and hyper cars and Ireland just is not. The only reason for it is tax. Importing a car into Ireland and registering is costs 36% of the cars value, and you cannot lie about the value because the registration offices check online for sale prices so you cant have one up on them. If you import from outside of the EU you then have to pay import duty of 10% and vat 23%. A total joke. Then, to add insult to injury, you have to pay road tax each year, and on anything with an engine over 3.0 that isn't hybrid, you will have to pay nearly €2k. Seeing nice cars on the road here is a special occasion thanks to our stupid taxes.

Would he buy a AMG GT with a bad wrap, unknown pain under it, and after market rims that look like they are off a '96 Grand Am? I'm betting he would..

Funny to see that the more money the cars worth the harder it is to sell because of the huge lack of demand

Wether you like ford as a brand or not we owe a large thanks to Henry Ford. He is largely responsible for automobiles being such a big part of American culture. 🇺🇸🇺🇸🇺🇸

Literally have the Jesko Absolut in my YT picture from the time it came to Avalon.. I had just woke up and walked outside to see a KOENIGSEGG. Crazy stuff. The opening statement is true, there’s ALOT of crazy cars here.. I even see a couple Avalon pictures in this video 😂😭 I love it, and I love living there for that reason; UNIQUE CARS..

Pretty sure this is a re-upload? Heard the story before on youtube

Thailand 300%

MSRP for an Aventador S in China is 1.1 million USD(with registering fees like tax) if anyone wants to know

If I had 2.5m I would pay off my Kia and buy a boat instead of dropping all that money on something I can't drive daily.

You know it's funny...not even a Doctor can afford a Supercar of that price....

I wish a Koenigsegg fit my budget too!

in iran premuim petrol is 0.1 cent per liter and insurance and parking is cheaper

In Ireland it's 9 euro 50 cent a gallon rn My tax is 250 a year on a fiesta Ecoboost My insurance is 1500 a year Even before prices went up our normal Petrol price here with the last decade has been 6 euro 50 cent a gallon when it was cheap to us anyways. Alot of this is to do with the fact you can only buy 95 octane fuel here nothing lower.

Those cars will never leave China

Next series of CarTrek… we bought the most expensive repossessed hypercars we could find…

50%? man show me that because it is almost 200% here

Gosh I really like this guy. Total southern gentleman voice.

In my country in saint lucia when u import a car it will cost you more than half and in some cases more than the value of the car just to clear it! Fearless for gas, insurance and maintenance, you Americans need to stop complaining.

Have a contest on the final price. RS 3.9million. Regera 4.2million.

MK2 Chinese Jetta at 2:24 ! ( middle right, silver white )

Bro looking like American Peter Crouch

Ive seen the agera rs in singapore, registered with a singaporean license plate in that exact spec…im sure its the same car cuz i dont think that someone will duplicate the livery and the interior of the car

Nah less of that 😂😂 I saw tik toks of gas prices at 4 and 5 dollars per gallon, in some countries in Africa it’s still less then 3 dollars

I'm going to strongly disagree I lived in Germany that place is very cheap to own a car I mean the car insurance here it doesn't matter how much gas cost in Germany compared to here you pay so much less in Germany on car insurance I was 18 and I paid $300 for a year and that was considered high for my car.

Thailand and the Philippines are a 300% import tax

The reserve is way too high. Sitting neglected for 3 years plus the reserves should be closer to one million. I hope no one bids. Cheers 🇨🇦

I'd imagine someone in a different country can negotiate a tax fee and auction fines to take the car off their hands.

*rejera is the pronunciation, the "g" sounds more like a j in this swedish word and the english translation is "(to) rule"

Is it possible to let the Chinese government to seized the white Lp640 in order to let someone be a legit owner of that car

Thailand has a luxury car tax of 300 % . Go figure !