The Bureau of Customs (BOC) has generated almost P33.5 million from the negotiated sale of abandoned and forfeited goods and luxury vehicles.

The public auction conducted on 30 July 2026 concluded with seven of the thirteen sale lots with accepted offers.

The successful sale lots consisted of various seized and forfeited goods, including one 2018 Lexus LX570 (P2,000,000); one 2012 Nissan Murano (P115,000); one Hyundai Grand Starex GL (P110,000); Premium and Regular Gasoline (P200,000); Flat Glass (P352,000); and 35 packages of Steel Wire (P352,000).

Among the sale lots, the highest offer during the proceeding was recorded for a 2024 Ferrari SF90 Stradale (Mansory), which received an offer of P30,100,000.

The negotiated sale forms part of the Bureau's continuing efforts to ensure the lawful, transparent, and efficient disposition of abandoned and forfeited goods in accordance with existing customs laws, rules, and regulations. Beyond facilitating the proper management of seized goods, the activity contributes to government revenue generation through established disposal mechanisms.

BOC Commissioner Ariel Nepomuceno said the successful disposal demonstrates the Bureau's commitment to transparent, decisive, and efficient customs administration.

The negotiated sale was livestreamed to promote transparency and public accountability, reflecting the Bureau's commitment to modernizing customs processes and supporting the government's revenue generation objectives.

The negotiated sale remains subject to the approval of the Secretary of Finance pursuant to the Customs Modernization and Tariff Act.

Once approved proceeds from the negotiated sale, amounting to P33,499,000, will be remitted to the Bureau of the Treasury.⁩