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The Customs Department today put on oral auction a total 535 vehicles that were smuggled into the country and failed to pay taxes and have been seized.
This was the second traditional oral auction in a year.
Vehicles put on auction will comprise Bentley, Porsche, Audi, Benz, and Ferrari luxury and sports cars.
He expected to over fetch over 500 million baht from this auction.
The highest starting price for cars on auction today is the 167th item on the auction list which is a Porsche 911 Turbo (RHD). It will start at 11.84 million baht.
For motorcycle, the highest starting price will be a BMW R1600GT at 872,000 baht.
The lowest starting price for cars will be Benz CL600, Daimler Saloon and Honda Integra at 10,000 baht each.
Mr Somchai said the first auction earned 337 million baht to the state.
Interested persons wishing to participate in auction process are to follow due process of registration including payment of money as deposit for participation through demand draft or cash.
The amount of deposit will vary to the starting price of the vehicle.
For vehicle lower than 1.5 million baht starting price, deposit must be 100,000 baht, and 200,000 baht for over 1.5 million baht price.