About a month ago, we brought you news of a monstrously powerful one-off from Koenigsegg called the Agera R BLT. At the time we reported that the car was being built for a Chinese man of some great wealth and that the $2 million price tag represented the floor for a custom job like this.

Now it seems there's been a bit of a development.

It seems that the Agera R BLT never quite made it to its intended customer, having been waylaid just recently by Chinese government authorities. Customs officials took hold of the exotic, claiming that the owner was attempting to smuggle the car into the country as a way of avoiding paying import tax on the thing.

Now, no one likes to pay taxes, but we're almost inclined to agree with the owner on this one. The source at CarNewsChina.com indicates that the pre-tax cost of the Koenigsegg would amount to the equivalent of $2.35 million – meanwhile other sources in the Chinese media report that the tax-included price of the car is more like 30 million yuan, or $4.7 million. No word yet on what the fine for this level of tax evasion will be.

The Agera bust is just one highlight of a much larger anti-smuggling campaign going down in China right now. Here's hoping that the heat dies down a bit, restitution is made, and that car and billionaire are blissfully united (we're suckers for a happy ending).


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  • 33 Comments
      Proghog
      • 2 Years Ago
      The Chinese are probably going to tear it to pieces and then make a knock off like they do to everything else.
      Eric Wong
      • 2 Years Ago
      Hey guy, I live in this part of the world, so I can tell you some facts Even in HK, the import tax for car is 90% and Singaore is double of HK's import tax. about China, the China custom does not believe in the "invoice" (obviously from oversea dealership or the supplier), China custom judge the car's value and then issue the import tax. *by the way, China's import tax is only 25% of the car's value. (much less than HK or Singapore) However, China also has "luxury tax" and "sales tax", while HK is a tax free city. Anyway, people who own exotic cars here are really rich, because one have to pay double of whatever North America or Europe is paying. If you can't even afford the import tax or pay the parking space, it only shows yourself that you are not actually "RICH"!
      Gorgenapper
      • 2 Years Ago
      ....and that BLT was never seen again (but later caught parked at the mansion of a top Chinese customs official)
        Hatzenbach
        • 2 Years Ago
        @Gorgenapper
        or some FBI agents crash it during their lunchbreak without having to face any consequences, oh wait i mixed sth up here
      Z. Kesh
      • 2 Years Ago
      I guess we'll be seeing some Koenigsegg-knockoffs in the near future.
      purrpullberra
      • 2 Years Ago
      Everyone has the duty to pay taxes so trying to avoid paying them is a crime punishable by large fines, getting bigger depending on the wealth of the criminal. Trying to avoid paying taxes makes you a low life criminal; wealthy tax cheats should be fined $1000 to 1 avoided. Do you think they'd risk losing 10's of millions of $ (or more) with that punishment awaiting? I hope china makes an example of him in the ways china infamously does. My ideas above are my desire for the US but china should imprison this guy for life and take every penny. They kill people for small drug offenses. Wealthy tax cheats are a more expensive problem that's more easily dealt with. Draconian to be sure but crims would be loathe to break laws when the penalty is so freaking bad. BTW, it's cruel and unusual to allow such criminal avoidance to go without great punishment because people are owed a sentence that fits the crime.
        Tfree
        • 2 Years Ago
        @purrpullberra
        It is true that you should not break the law. But you make it sound like the wealthy are the problem and should be punished for holding their wealth. Taxes are a personal responsibility, because they are good for the people. Spoken like a true communist. They would like you over there. By the way, most in this country who you would say are avoiding paying their taxes are just using legal means to avoid paying more to the government than they need to. They aren't cheats. The real cheats you need to look at are the huge number of people who pay no federal income tax at all. I assume you would agree that they are derelict in their "duty"
          Essende
          • 2 Years Ago
          @Tfree
          @Tfree, the problem is that the tax law is over complicated, skewed and favors the rich. In my book it should be really simple. There should be absolutely no tax deductions or exemptions of any kind, and everyone whether poor or rich, private business or corporation should pay one flat tax rate (if you are richer you will still pay more than the poor, 10% out of 10,000 is less than 10% out of 100,000). Its because the tax law is so overly complicated that the rich know the tricks how to avoid it because they can afford and have a whole army of accountants and financial advisors that help them with it. Now, it would also solve another problem in USA, all those lawyers, accountants, financial advisors could become engineers/doctors and actually produce something of substance since their services would be obsolete. Going back to article, guy obviously tried to break Chinese law and now he will pay for it. I am more than sure that he knew what he was doing and the consequences associated with his actions. As they say, the richer you get, the more greedy you are. Countries need taxes to support basic infrastructures, police, schools, roads, everyone wants everything to be top notch but no one is willing to pay for it. This is what separates civilized countries from anarchy/chaos/disorder.
      Tfree
      • 2 Years Ago
      Essende, I agree with your solution to the tax code. However, there is very little you can do to "hide" your money from the IRS. I would be all for dropping my rate down to 10% and getting rid of deductions. The problem is, there are a lot of people (40-47%) of people who pay no Fed Income Tax. That's a lot of people who will squeal if made to pay "there fair share". So the problem isn't the rich right now. In fact they've been carrying the burden for a long time now. The only way to get out our mess is to get everyone involved in fixing it. Dividing the country over who's rich and who's poor will destroy us. So I agree with your solution to the tax code.
      Jonathan Wayne
      • 2 Years Ago
      On one hand I agree with this guy that those taxes are excessive and I can see why he did it. On the other hand he most likely made his fortune off of paying his people slave wages and working them to death, so it is a wash as far as I am concerned.
        Tfree
        • 2 Years Ago
        @Jonathan Wayne
        It could be possible in China that the guy inherited his money from parents/grandparents. They probably worked hard for all they had. So you are saying it is okay to cheat the system if he's a good guy, but if he got his money by doing bad things, he should have to pay? That's great! Doctors and nurses should never pay taxes then, cause they make their money helping people!
      damienreiduae
      • 2 Years Ago
      As far as I'm concerned, the story already had a happy ending. The rich guy gets screwed!
      Ken Mam
      • 2 Years Ago
      Socialist pigs the Chinese are. Taxation without representation..... Socialist pigs must die....
        Drakkon
        • 2 Years Ago
        @Ken Mam
        Yes! I prefer to live in a plutocracy as well. Long live CARTELISM!
      pghcc2007
      • 2 Years Ago
      I love all you scumbag authoritarian, pro government and most likely leftist scum, justifying what amounts to a 100% tax on the grounds of class warfare and societal needs. Any society or element of society that needs to steal that much of a mans money too sustain itself is a fundamentally weak one an d not one that's worth support or survival. But society isn't what this is about. Its about unfair corruption and disruption in the trade of goods and interference by the government of China in this man's affairs. A government like all others that is naturally, unalterably and irredeemably corrupt and those that support actions like these by governments are themselves either malevolent or too weak, inferior and pathetic to make their own way in the world
        AnalogJesse
        • 2 Years Ago
        @pghcc2007
        Authoritarianism is on the right, not the left. Learn about politics. Authoritarian governments typically get into power by rustling the jimmies of the working class. The National Socialist German Workers' Party was a front to get a dictator into power.
          pghcc2007
          • 2 Years Ago
          @AnalogJesse
          Yes i'm sure the 100s of millions who died under communism and suffered for the better part of a century under collectivism imaged it all due to a right wing ploy by faux news. The only thing worse then lefty stupidity is the arrogant smugness you feel while indulging in it.. you learn politics you vermin.
      Rob J
      • 2 Years Ago
      This story would be 1000 times better if it was a Saudi prince who wanted this car but it was held at customs for being a "BLT".
      Hector Estrada
      • 2 Years Ago
      buys a 2mil super car, still too cheap to pay taxes for it LOL he knew what he was getting into.
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