The incident happened shortly before 9.40pm in Henderson Street, Lochgelly, and police have confirmed that the two occupants of the vehicle made off on foot after the crash.
A number of other cars parked on the street were damaged during the crash.
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A police spokesman said: “Police in Fife were called following a road traffic collision on Henderson Street in Lochgelly at around 9.40pm on Tuesday March 16.
“A silver Mercedes car collided with a number of parked cars.
“No one was injured, however the occupants of the car left the scene before the arrival of police.
“Inquiries are ongoing and officers are following a positive line of enquiry.”
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