The luxury vehicles owned by Dilan Polat and Engin Polat are being put up for sale. The total value of Ferrari, Porsche, Mercedes, and BMW brand vehicles in the auction has been determined as 77 million Turkish lira.

The Savings Deposit Insurance Fund (TMSF) is selling the luxury vehicles owned by Dilan Polat and Engin Polat. The vehicles owned by Milda Real Estate Automotive Joint Stock Company, owned by Dilan and Engin Polat, will be sold through an open auction method.

In the auction, vehicles of Ferrari, Porsche, Mercedes, and BMW brands owned by the Polat couple will be sold. After the appointment of TMSF as the trustee, the said vehicles were brought to a closed parking lot and kept under 24-hour surveillance by security cameras.

The appraised values of the vehicles determined by an independent valuation organization are stated as the base price in the auction announcement. Those participating in the auction will first submit their offers to the commission in sealed envelopes.

If the highest offer revealed when the sealed envelopes are opened exceeds the base price, then the auction stage will be entered. After the approval of the commission, the luxury vehicles will belong to their new owners.

The auction will be held on April 22nd at 10:00 at TMSF’s building in Istanbul.