The Philippine Bureau of Customs owns a LaFerrari and a McLaren Senna, amongst a sea of other exotics, and it would dearly love for someone to take them away. The Senna was seized in February 2025, while the LaFerrari was seized after it was illegally imported. Both have spent the time since parked outdoors at the Port of Manila, according to a video by amadeusiom. Auction after auction has flopped, which means two of the rarest cars on earth still haven’t found buyers.
Which is quite ridiculous to think about. The LaFerrari pairs a 6.3-liter V12 making 789 hp with an electric motor for 949 hp combined, enough to hit 62 mph in under three seconds and keep going past 217 mph. Only 499 coupes were built, at roughly $1.5 million each when new. The Senna has a 4.0-liter twin-turbo V8 making 789 hp in a body weighing just 2,641 lb dry, which means 0 to 124 mph in about 6.8 seconds and a top speed near 208 mph. Just 500 exist. These are cars collectors fight over, and both are parked outdoors, dusty and neglected.
Back home in America, LaFerrari values sit near $5.4 million on average, with plenty of demand brewing. Values of the McLaren Senna is the calmer sibling roughly sit between $1.36 million to $1.87 million, versus an original sticker price of about $1 million. Both are clearly appreciating assets with a queue of buyers.
The real reason these two seized hypercars can’t seem to land a sale comes down to the asking price. Customs set the Senna’s floor price at about $1.37 million, and that’s after trimming 15 percent from an earlier $1.61 million price tag. The figure for the LaFerrari isn’t known yet, but reports suggest officials struggle to price a car this rare, especially once the import tax is factored in, which as we’ll see is another clue to these hypercars gathering dust in an impound yard.
The Senna’s asking price sits at the bottom of what clean American cars fetch, which sounds like a bargain until the 100 percent luxury tax shows up. That can push the total close to double, around $2.7 million, well above the top of the US range, for a car with murky history that has been rained on for over a year.
A 5 percent bid bond, about $68,000 on the Senna alone, adds a sizeable cover charge. No wonder the last round of auctions sold just one of 12 cars, a Rolls-Royce Cullinan at about $403,000. For any collector thinking a slightly neglected LaFerrari and Senna could still be worth it if the price is right, that still holds true if the car starts. Nobody knows yet whether these two will, but at least the Philippines isn’t crushing impounded cars like it used to.
