If you want two "real" Ferrari, you can own them for 375,000 — the ones from King Juan Carlos are going back up for auction.

In October 2015 we were surprised by the news that a pair of Ferrari FF went up for auction. The Royal Household had received them as a gift from Sheikh Mohamed bin Rashid Al Maktoum, Prime Minister of the United Arab Emirates, in November 2011, when the King travelled there to watch Fernando Alonso compete in that country’s Formula 1 Grand Prix.

When the deadline for bids passed, a few days later, we learned that the auction had gone unsold, as the only interested party apparently failed to pay the full deposit. At that time, the two cars had been offered at a price of 695,000 euros.

Almost two years later, Spain’s State Property Agency, owner of both sports cars following their transfer from the Royal Household, is putting the cars back up for auction, at a “slightly lower” value than the original, for a total of 375,000 euros. The Madrid Regional Office of the Ministry of Economy and Treasury will be responsible for running the auction, starting tomorrow, 2 June, and running until the 28th of the same month.

The lots are two Ferrari FF, identical models, registered in 2012 and 2015 but with fewer than 1,000 kilometres each, in black and silver. The first, with 762 kilometres and registered five years ago, will start at 180,000 euros; the second, with 568 kilometres, will start at 195,000 euros. The reason for this difference is that the first one, according to the valuation, has a dent on a rear wheel, as well as a small scrape on its front and rear left wings. According to today’s official gazette (B.O.E.) of 1 June, both are petrol cars, seat four, and have leather interior seats.

If you want to acquire one (or both) of them, you will need to provide a guarantee of 5% of each vehicle’s value, which amounts to 9,000 and 9,750 euros. You can also inspect them at the State Motor Pool (Parque Móvil del Estado) by prior appointment on 20 and 21 June.

It seems that on this occasion the State does want the sports cars to change hands, having almost halved their official market value, which stands at 725,000 euros. The next 13 July at 10 a.m. will settle the matter, and we will know whether there were enough bids for the sale to go ahead.