Discover Late Model / Low-Mileage Toyota Quantums at the Upcoming MFC Bank Vehicle Auction!

Are you on the lookout for a reliable, late-model vehicle with low mileage? Look no further! Join us at the MFC Bank Vehicle Auction on July 31 at 11:00 AM, located at M57 Pretoria Rd, Glen Marais, Kempton Park. This auction offers both live and online bidding options, providing flexibility for all participants.

Featured Vehicles: Toyota Quantum/Hiace

We are excited to showcase a selection of Toyota Quantum/Hiace models, known for their durability and performance. These vehicles are perfect for both personal and business use. Below is the full list of Toyota Quantum/Hiace vehicles available at the auction:

YEAR	MAKE		MILEAGE
2023	TOYOTA	QUANTUM/HIACE 2.5 D-4D SESFIKILE 16S	28102km
2023	TOYOTA	QUANTUM/HIACE 2.5 D-4D SESFIKILE 16S	56406km
2023	TOYOTA	QUANTUM/HIACE 2.5 D-4D SESFIKILE 16S	109692km
2024	TOYOTA	QUANTUM/HIACE 2.5 D-4D SESFIKILE 16S	4727km
2023	TOYOTA	QUANTUM/HIACE 2.7 SESFIKILE 16S	47647km
2023	TOYOTA	QUANTUM/HIACE 2.7 SESFIKILE 16S	34225km

Auction Details:

• Viewing Day: Tuesday, July 30, 08:00 - 16:00
• Lots on Auction: 199 Vehicles
• Catalogue: MFC Auctions Catalogue
• MFC Website: mfcauctions.co.za

For the full catalogue, list of cars, and 360 photo gallery, visit: MFC Auctions.

Auction Finance Available:

• Quick and Easy Application: Get pre-approved and bid confidently. Apply online at www.auctionfinance.co.za.
• Competitive Rates: Enjoy financing options tailored to your needs.
• Personalised Support: Our friendly staff, including Carin Visser, are ready to assist. Contact Carin Visser at 082 654 7232 for support. Auth. FSP34936.

Don't miss out on this opportunity to find great deals on late model vehicles. Ask for Auction Finance at the viewing! Carin will be available on-site to assist clients.

Stay updated with our Auction Alerts WhatsApp group. Join here: https://chat.whatsapp.com/Cpa0FcnIQqSBf0BzXmPYD1.

MFC Auction Alert: 199 Vehicle's on auction!

Mark your calendar for the MFC Bank Vehicle Auction on July 31 at 11:00 AM, located at M57 Pretoria Rd, Glen Marais, Kempton Park. This auction offers flexibility for all participants with both live and online bidding options.

Auction Details:

• Viewing Day: Tuesday, July 30, 08:00 - 16:00
• Lots on Auction: 199 Vehicles
• Catalogue: MFC Auctions Catalogue
• MFC Website: mfcauctions.co.za

Highlights of Late Model Vehicles on Auction:

Year	Make	Model	Colour	Mileage (KMS)
2024	Hyundai	Grand i10 1.0 Motion	White	8408
2024	Toyota	Quantum/Hiace 2.5 D-4D Sesfikile 16S	White	4727
2023	Toyota	Quantum/Hiace 2.5 D-4D Sesfikile 16S	White	109692
2023	Hyundai	Venue 1.2 Motion	Red	21936
2023	Toyota	Quantum/Hiace 2.7 Sesfikile 16S	White	34225
2023	Chery	Tiggo 4 Pro 1.5 Urban	Red	18126
2023	GWM	Steed 5 2.0 SX 4x4 S/C P/U	White	19737
2023	Kia	Sportage 1.6T-GDI LX A/T	Gray	15141
2023	Suzuki	Swift 1.2 GA	Silver	19721
2023	Chery	Tiggo 4 Pro 1.5T Elite CVT	White	32242
2023	Hyundai	Grand i10 1.0 Motion	White	21982
2023	Toyota	Quantum/Hiace 2.5 D-4D Sesfikile 16S	White	28102
2023	Hyundai	i20 1.2 Motion	Gray	83555
2023	Kia	Picanto 1.0 Start	Silver	45313
2023	Nissan	Almera 1.5 Acenta	White	122684
2023	Toyota	Quantum/Hiace 2.5 D-4D Sesfikile 16S	White	56406
2023	Volkswagen	Polo Vivo 1.4 Trendline (5DR)	Gray	27286
2023	Toyota	Quantum/Hiace 2.7 Sesfikile 16S	White	47647
2023	Renault	Triber 1.0 Dynamique / Zen	Blue	31877
2022	Volkswagen	Caddy Cargo 1.6I (81KW) F/C P/V	White	23996

For the full catalogue, list of cars, and 360 photo gallery, visit: https://www.mfcauctions.co.za/simulcast-runlist_event_281_lane_361.

Auction Finance Available:

• Quick and Easy Application: Get pre-approved and bid confidently. Apply online at www.auctionfinance.co.za.
• Competitive Rates: Enjoy financing options tailored to your needs.
• Personalised Support: Our friendly staff, including Carin Visser, are ready to assist. Contact Carin Visser at 082 654 7232 for support. Auth. FSP34936.

Don't miss out on this opportunity to find great deals on late model vehicles. Ask for Auction Finance at the viewing! Carin will be available on-site to assist clients.

Ready for 24/7 Road Policing? Here's How Auction Finance Personal Loans Can Help You Stay Roadworthy

In a recent article by TopAuto.co.za, the Department of Transport (DoT) announced its plans to implement 24/7 road policing across South Africa by March 2025. This initiative aims to curb the growing culture of lawlessness on the nation's roads, especially in highly accident-prone areas. With increased visibility of traffic officers and stricter enforcement of road safety laws, drivers must ensure their vehicles are roadworthy to avoid fines and penalties.

Highlights from the TopAuto Article

The TopAuto article sheds light on several key points from the DoT's new plan:

1. 24/7 Policing Implementation: The DoT, led by Deputy Minister Mkhuleko Hlengwa, is committed to removing roadblocks that have delayed round-the-clock traffic policing. The goal is to have a visible traffic law enforcement presence 24 hours a day, seven days a week, 365 days a year across all provinces.

2. Increased Funding and Training: The DoT has allocated significant funds for recruiting and training new personnel to strengthen the Road Traffic Management Corporation (RTMC). This includes upgrading the qualifications of traffic officers to a Diploma level, ensuring a higher calibre of professionals on the roads.

3. Improved Road Safety: With more police on the roads, there has already been a noticeable reduction in road fatalities and serious injuries. The statistics show a promising trend towards safer roads, which is expected to continue with the new 24/7 policing initiative.

4. Crackdown on Non-Roadworthy Vehicles: A key focus of the new policing strategy is to reduce the number of non-roadworthy vehicles on the road. Approximately 10% of vehicles in South Africa are not roadworthy, contributing to increased accidents and fatalities.

Why You Need Auction Finance Personal Loans

With the upcoming changes in road policing, it's more important than ever to ensure your vehicle is up to standard. This can involve costs such as repairs, servicing, and updating your vehicle’s licence. If you find yourself needing financial assistance to get your car roadworthy, Auction Finance is here to help.

Benefits of Auction Finance Personal Loans

1. Immediate Approvals: Get the funds you need without delay. Our streamlined approval process ensures you can access your loan quickly.

2. No Hidden Costs: Transparency is key. With Auction Finance, you know exactly what you’re getting with no surprise fees.

3. Quick and Hassle-Free: Applying for a loan with us is straightforward and stress-free. We understand your urgency and aim to provide a seamless experience.

4. Secure Up to R300,000: Whether you need a small amount or a significant sum, we offer personal loans up to R300,000 to cover all your vehicle-related expenses.

How to Apply

Securing a personal loan with Auction Finance is easy. Contact Mathilda Fourie at 082 337 2210 or visit our website to start your application today. Our team is ready to assist you with any questions and guide you through the process.

Stay Safe and Roadworthy with Auction Finance

As South Africa gears up for 24/7 road policing, ensuring your vehicle meets all safety and regulatory standards is crucial. Don't let financial constraints keep you from being roadworthy. With Auction Finance Personal Loans, you can get the support you need to keep your vehicle in top condition and comply with new traffic regulations.

For more details and to apply, contact Mathilda Fourie on 082 337 2210 or visit Auction Finance Personal Loans.

Stay safe, stay roadworthy, and let Auction Finance be your trusted partner in financial solutions.

#AuctionFinance #PersonalLoan

Auth. FSP34936

Experience Luxury: Dive into WesBank's Premier Vehicle Auction This July!

Excitement is building for the WesBank Luxury Vehicle Online Auction coming up on 25 July 2024. This exclusive event will be held at 182 14th Rd, Noordwyk, Midrand, 1687, and promises an impressive selection of luxury and high-performance vehicles. Whether you're in the market for a sleek sedan, a rugged SUV, or an elegant convertible, this auction has something for everyone.

Auction Details

• Registration Period: Monday through Wednesday, closing at 16:30.
• Viewing Days: Tuesday from 12:00 to Thursday at 10:00.
• Pre-Bidding: Starts Wednesday at 12:00.
• Auction Commencement: Thursday at 10:30 until the last lot is sold.

Why Choose Auction Finance?

Secure your dream vehicle with ease! Auction Finance is on-site to assist with your financial needs. Get pre-approved for your finance by applying online at www.auctionfinance.co.za or contact our Finance Consultant, Leatitia Jansen van Rensburg, at 082 960 9506 or leatitia@auctionfinance.co.za. We’re here to make your luxury car purchase smooth and hassle-free.

Authorized FSP: 34936

Featured Vehicles

Here are some of the standout vehicles you can bid on:

• 2023 HAVAL H6 GT 2.0T Super Luxury 4x4 DCT - 13,042 km
• 2021 Land Rover Range Rover Velar 2.0T S (P250) - 71,682 km
• 2022 Audi SQ5 Quattro Tiptronic - 35,283 km
• 2022 Toyota Corolla Cross 1.8 XS - 42,812 km
• 2023 Hyundai Kona N 2.0TGDI DCT - 14,312 km
• 2021 Volkswagen Golf 8 GTI 2.0 TSI DSG - 26,327 km
• 2019 Mercedes-Benz AMG E63 S 4MATIC - 39,756 km
• 2019 Porsche Panamera GTS - 44,026 km
• 2022 Mercedes-Benz C200 A/T (W206) - 45,096 km
• 2023 Volkswagen Golf 8 GTI 2.0 TSI DSG - 44,369 km
• 2022 BMW M440i X Drive Convertible A/T (G23) - 11,858 km
• 2019 Ford Mustang 5.0 GT A/T - 67,803 km
• 2019 BMW M4 Coupe M-DCT - 79,689 km
• 2021 BMW X3 XDrive 20d M-Sport (G01) - 81,677 km
• 2022 Haval H6 GT 2.0T Super Luxury 4x4 DCT - 42,108 km
• 2021 Hyundai Santa Fe R2.2 AWD Elite DCT (7 Seat) - 89,204 km
• 2023 Hyundai Grand Creta 1.5D Elite A/T - 12,626 km
• 2022 Chery Tiggo 8 Pro 1.6 TDGI Executive DCT - 48,226 km
• 2023 Volkswagen Polo 2.0 GTI DSG (147KW) - 17,805 km
• 2023 Hyundai Venue 1.2 Motion - 3,499 km
• 2022 Toyota Corolla Cross 1.8 XS - 6,962 km
• 2023 Kia Rio 1.2LS 5DR - 20,054 km
• 2022 Toyota Urban Cruiser 1.5 XS - 31,587 km
• 2023 Suzuki Ertiga 1.5 GL - 53,532 km
• 2023 Toyota Quantum 2.8 SLWB F/C P/V - 24,117 km
• 2023 Ford Ranger 2.0D XLT HR A/T D/C P/U - 13,158 km
• 2022 Volkswagen Amarok 3.0TDI H-Line EX 190KW 4MOT A/T - 58,858 km
• 2023 Toyota Hilux 2.8 GD-6 RB Legend RS 4X4 P/U D/C - 9,075 km
• 2022 Mitsubishi Triton 2.4 DI-DC 4X4 A/T P/U D/C - 61,773 km
• 2022 Toyota Hilux 2.8 GD-6 RB Legend RS A/T P/U D/C - 39,290 km
• 2023 Ford Ranger 2.0D Bi-Turbo Wildtrak 4X4 A/T D/C P/U - 30,647 km
• 2022 Toyota Hilux 2.8 GD-6 RB Legend A/T P/U D/C - 58,901 km
• 2023 Isuzu D-Max 3.0 DDI LSE A/T D/C P/U - 18,294 km
• 2023 Toyota Land Cruiser 79 4.0P P/U D/C - 16,603 km
• 2024 Nissan Navara 2.5DDTI SE A/T D/C P/U - 4,597 km
• 2022 Nissan Navara 2.5DDTI PRO-4X 4X4 A/T D/C P/U - 64,546 km
• 2021 Land Rover Defender 110 P400 X (294KW) - 65,129 km
• 2021 Land Rover Defender 110 D240 S (177KW) - 62,721 km
• 2021 Mercedes-Benz GLE 300D 4MATIC - 30,880 km

For the full catalogue, visit: WesBank Auction Catalogue

#WesBankAuction #LuxuryVehicles #CarFinance #AuctionFinance #VehicleAuction #LuxuryCars #PreApproval #FinanceSolutions #CarAuctions #Midrand

Everything You Need to Know When You Apply for Car Finance in South Africa

If you're considering applying for car finance, you've come to the right place. From understanding affordability to knowing the required documents and the approval process, we’ve got you covered. Read on to learn everything you need to know about applying for vehicle finance with Auction Finance.

How Should I Prepare for a Car Loan Application?

Preparing for a car loan application is essential for increasing your chances of a successful submission. A condition of approval may be a deposit. It is therefore imperative to get your finance application processed, to ensure you know if a deposit is required. You may want to reduce your capital debt by voluntarily paying a deposit. Check your credit report to understand your current score, determine how much you can afford, and explore the various options available to you. Various platforms offer a credit scoring calculation free of charge.

How Are Car Finance Decisions Made?

Lenders gather your information with your permission and perform a credit check to determine your eligibility for car finance. If you are under debt review or listed on ITC, this will automatically disqualify you for vehicle finance. The following information will be needed to submit a finance application:

1. Proof of income: 3 months’ most recent payslips.
2. Bank statements to verify the income.
3. A completed application with details of income and expenditure, address details, employment details, next of kin details, and existing debt.
4. A valid SA driver’s license.
5. A valid SA identification document.
6. Proof of address.

Comprehensive insurance is a mandatory requirement when purchasing a vehicle. Factor the cost of the monthly premium into your calculations when applying for finance. A credit check will be performed, and the approval decision will be based on affordability criteria, based on the most accurate information provided. Understanding the application process beforehand can help you prepare and increase your chances of approval.

Once the lender has all the necessary information, they can decide on your car finance eligibility. Consider going for a pre-approval process, which involves a soft credit search and is less damaging than multiple applications. Note that the decision on approval is at the discretion of the lender (Bank).

What Is the Validation Process for Getting Car Finance?

The information you provide will be validated for accuracy, which includes a credit check and an assessment of your financial situation. A good credit score will also be an indicator of the interest rate that can be offered and empowers you to negotiate on the interest rate offered.

What Is Car Finance Affordability?

Affordability involves checks to ensure you can comfortably afford the repayments. These checks usually include a credit report review, as well as details about your monthly income and expenditure.

What Do I Need to Apply for Car Finance?

Before applying for car finance, you’ll need documents to prove your identity, income details to show how much you earn, and proof of address. It’s also helpful to know your credit score so you can see if it needs any improvements.

What Documents Will I Need for Car Finance?

To get approved for car finance and purchase your new vehicle, you’ll need to provide certain documents:

• Identification: South African ID Book/Identity Card
• Proof of Address: Recent utility bill (not older than 3 months)
• Proof of Income: Last 3 months’ payslips or latest payslip and last 3 months’ bank-stamped statements
• Driver’s License: Valid South African Driver's License Card

Finance applications are done online and digital copies of your paperwork are allowed, but the original documents will have to be seen by the finance consultant for verification purposes.

How Long Does It Take to Get a Decision on Car Finance?

Our platforms allow for immediate returns on submissions. Auction Finance pride ourselves that we offer a quick turnaround time on application submissions; you can expect an answer instantaneously once the application is submitted, pending validations.

Why Has My Application for Car Finance Been Declined?

The most common reasons are being blacklisted on ITC, under debt review, unaffordability, or not meeting the lender’s qualifying requirements. Other reasons can include not having a valid driver’s license or failing to prove your address.

What to Do If You're Rejected for Car Finance

If your car finance application is rejected, find out why so you can address the reasons for the decline. For example, if it’s due to a low credit score, work on improving your credit rating. If it was a simple mistake on the application form, correct it and try again.

To Successfully Submit Your Application for Vehicle Finance, Provide the Following Documentation to info@auctionfinance.co.za

Private Individual

• Copy of South African Identity Book/Identity Card
• Copy of Valid South African Driver's License Card
• Most recent payslips for 3 months AND the last 3 Months’ Bank Stamped Statements
• Proof of Residential Address, not older than 3 months.

Finance on Company Name – Additional Requirements

• Company Registration Documents (CK1 & CK2)
• Latest 6 Months' Bank Stamped Company Bank Statements (No Internet Statements will be accepted)
• Latest Audited & Signed Financials
• Latest management accounts
• Identity Documents of all members/ directors of the Company
• Proof of Company's Physical Address & Proof of Residence for Directors
• BRNC: Business Registration Number Certificate + proxy ID

Please note: According to NCA Legislation, all these documents are required. Vehicles will not be delivered unless all documentation is provided. Original documents must be presented on the day the contract is signed and the vehicle is collected from the auctioneer or dealer.

Learn everything about applying for car finance in South Africa. Apply online at www.auctionfinance.co.za. Auction Finance is an authorised FSP (FSP34936).

Your Ultimate Guide to Navigating the MFC Bank Vehicle Auction

Ready to score a great deal on a vehicle? Buying a car at an auction can be an exhilarating and rewarding experience if you know how to navigate the process. With the upcoming MFC Bank Vehicle Auction on July 24th, it’s the perfect time to get acquainted with the ins and outs of auction buying. Here’s a simplified guide to help you prepare and make the most of this opportunity.

Getting to Know the Process

1. Decide on Your Desired Vehicle: Start by identifying the type of vehicle you want. Make a note of the date, time, and location of the auction. Familiarise yourself with the terms and conditions of the sale, which you can find on the auction house's website or at the venue.

2. Set Your Budget: Ensure the vehicle you’re interested in fits within your budget. Factor in:

• The retail price
• Document fees specific to the auction house
• VAT
• Buyer’s commission

Auction Finance consultant Carin is available on-site and can help you work out your budget, factoring in these additional costs, so you know your maximum bid. Remember, the sale is final when the hammer falls.

Choosing a Vehicle

Once you’ve found a potential match, attend an onsite inspection on the viewing day. While professional staff are available to assist, it’s a good idea to bring along a trusted friend or mechanic who can help you assess the vehicle’s condition. Note that while you can start the vehicles, test drives aren’t allowed.

All vehicles are sold 'voetstoots' (as is), so be aware of potential repair costs. Reputable auctioneers will disclose any known defects before the auction begins.

Attending Auctions to Get to Know the Process

Familiarise yourself with the auction process by attending a few auctions beforehand. Here are some tips:

• Observe the auction process
• Learn how to register
• Understand how bidding works
• Know when to bid and when to stop
• Review the terms and conditions of the auction

At the Auction

Ensure you have pre-approved finance or available funds to pay for your successful bid. Most auction houses allow three working days to pay for and collect your purchase. Having finances sorted beforehand makes the process smoother. Onsite finance and insurance staff are available to assist, but remember to bring your identity document and FICA-required documents.

Important Things to Remember

• By law, vehicles must be registered in the buyer’s name within 21 days of purchase.
• Obtain roadworthy clearance for the vehicle at an approved test station.
• Register as a buyer and pay a refundable deposit at the auction house.
• If unsure about bidding on a vehicle, it’s better to err on the side of caution.

Upcoming MFC Bank Vehicle Auction Details

Mark your calendar for the MFC Bank Vehicle Auction on July 24th at 11:00 AM, located at M57 Pretoria Rd, Glen Marais, Kempton Park. This auction will be both live and online, offering flexibility for all participants.

Key Details:

• Viewing Day: Tuesday, July 23rd, 08:00 - 16:00
• Lots on Auction: 171 Vehicles
• Catalogue: MFC Auctions Catalogue
• MFC Website: mfcauctions.co.za

Auction Finance Available:

• Quick and Easy Application: Get pre-approved and bid confidently. Apply online at www.auctionfinance.co.za.

• Competitive Rates: Enjoy financing options tailored to your needs.

• Personalised Support: Friendly staff, including Carin Visser, are ready to assist. Contact Carin Visser at 082 654 7232 for support. Auth. FSP34936.

Peace of Mind:

• DEKRA Condition and Diagnostic Reports: Available on all auction lots, ensuring transparency.
• Variety of Makes and Models: Wide selection to choose from.

Don’t miss out on this opportunity to purchase a vehicle at a competitive price. Get pre-approved, familiarise yourself with the auction process, and prepare for the excitement of the MFC Bank Vehicle Auction. Happy bidding!

Gear Up for the ABSA Passenger and Commercial Vehicle Online Auction: Over 200 Cars with Finance Available Next Week!

Are you in the market for a new set of wheels? The ABSA Passenger and Commercial Vehicle Online Auction happening next week is the perfect opportunity to find your dream car at a fantastic price. With over 200 cars available, there’s something for everyone – from sleek sedans to rugged SUVs. Here’s everything you need to know about this exciting event and how Auction Finance can help you secure the vehicle you’ve been eyeing.

What to Expect at the ABSA Auction

Auction Details:
Auction: ABSA Passenger and Commercial Vehicle Online Auction
Auctioneers: Tirhani Auctioneers
Auction Date: 22 July 11:00 – 23 July 11:00
Link to Auction Catalogue and Details

Variety of Cars:
With a whopping 217 cars on the auction block, you’ll find a diverse selection of makes and models. Whether you’re looking for a compact car for city driving, a spacious family vehicle, or a luxury car to make a statement, this auction has it all.

Inspection and Viewing Details:
To ensure you’re fully informed before placing your bids, a viewing period is available on Friday, 19 July 2024, and Monday, 22 July 2024, from 08:00 - 16:00. This is your chance to check out the cars in person, assess their condition, and narrow down your options.

Viewing Venues:
Since this is an online-only auction, you can inspect the vehicles at the following locations:

• ABSA Trade Centre: 8 Top Road, Boksburg
• ABSA Trade Centre: 13 Top Road, Boksburg
• Tirhani Auctioneers: 4 Van Dyk Road, Benoni, Gauteng

Tips for Successful Bidding

1. Do Your Research:
Before the auction, browse the auction catalogue to get an idea of the available cars and their estimated values. This will help you set a realistic budget and avoid overbidding.

2. Attend the Viewing:
Take advantage of the viewing period to examine the cars you’re interested in. Look for any signs of wear and tear, and don’t hesitate to ask questions about the vehicle’s history.

3. Set a Budget and Stick to It:
It’s easy to get caught up in the excitement of bidding, but it’s crucial to stick to your budget. Decide on a maximum bid amount for each car and avoid exceeding it.

Why Choose Auction Finance?

Navigating the world of auction finance can be daunting, but that’s where Auction Finance comes in. We specialise in helping you secure pre-approved finance so you can bid with confidence. Here’s how we can assist you:

1. Easy Application Process:
Applying for finance with Auction Finance is a breeze. Simply visit our website and fill out our online application form. Our team will review your application and get back to you with a pre-approval decision in no time.

2. Competitive Rates:
We offer competitive interest rates and flexible repayment terms tailored to your financial situation. This means you can find a financing option that fits your budget.

3. Expert Guidance:
Our knowledgeable team is here to guide you through the entire financing process. From application to approval, we’re with you every step of the way to ensure a smooth experience.

Finance Details

Contact: Lizette Muller on 072 105 8379 or apply online at www.auctionfinance.co.za
Authorisation: Auth. FSP34936

Join Our Auction Notification WhatsApp Group

Stay in the loop with daily updates on bank, fleet, & commercial vehicle auctions happening across SA. Join our Auction Notification WhatsApp Group for real-time information and never miss an opportunity.

🔗 Join now: https://chat.whatsapp.com/Cpa0FcnIQqSBf0BzXmPYD1

Conclusion

The ABSA Auction next week promises to be an event you won’t want to miss. With over 200 cars available and the support of Auction Finance, you’re well-equipped to drive away in a fantastic vehicle at an unbeatable price. Start your finance application today and get ready to bid with confidence!

Identifying Red Flags: Signs of a Potential Auction Scam

In recent times, South Africa has witnessed a concerning surge in auction scams, particularly targeting unsuspecting buyers through social media channels. These scams, crafted to entice bargain hunters with seemingly irresistible deals, have grown increasingly sophisticated and challenging to detect. As transactions increasingly migrate online, the anonymity and intricacy of auction procedures have provided fertile ground for fraudsters to exploit.

Here are crucial insights and tips to shield yourself from falling victim:

Understanding the Scam Tactics

Scammers often create fraudulent online auctions, demanding upfront payments or reserves from bidders. They employ tactics ranging from false advertising of repossessed vehicles to creating a sense of urgency through phrases like 'limited time offers' or 'exclusive deals.' These ploys aim to pressure potential buyers into making rash financial decisions.

Protective Measures

1. Verify Legitimacy: Always verify the authenticity of auction houses through official channels. Be wary of auctions primarily advertised on social media platforms, where scams often proliferate.

2. Inspect Before You Bid: Insist on inspecting vehicles or items in person before committing to any auction. Genuine auctions allow potential buyers to view items beforehand.

3. Understand Payment Requirements: Legitimate auctions typically require a refundable deposit solely to participate. Any request for substantial upfront payments should raise immediate red flags.

Introducing Auction Finance's WhatsApp Notification Group

Amidst these challenges, Auction Finance offers a distinct solution with its exclusive WhatsApp Auction Notification Group. Unlike other platforms, Auction Finance focuses solely on promoting genuine bank auctions, including reputable names like MFC, Standard Bank, WesBank, and ABSA across South Africa. They also feature credible fleet, OEM, and commercial auctions in collaboration with trusted auctioneers.

Join the WhatsApp Auction Notification Group to receive timely updates on upcoming auctions, comprehensive listings, and tailored finance options. Visit the Auction Finance website for more details, and rest assured knowing that Auction Finance operates under the oversight of the Financial Services Board (FSB).

In the face of rising auction scams, knowledge and vigilance are essential. Stay informed, stay cautious, and trust Auction Finance to facilitate your next auction purchase securely.

Stay informed, stay protected, and safeguard your auction experience with Auction Finance.

🚗 Join Our Auction Alerts! Stay updated on WESBANK, STANDARD BANK, MFC, ABSA auctions, and fleet & commercial vehicles. Enjoy genuine listings, daily updates, and exclusive admin posts for security. Don't miss out on the BEST deals!

🔗 Join now: https://chat.whatsapp.com/Cpa0FcnIQqSBf0BzXmPYD1

🔗 Learn more: http://www.auctionfinance.co.za

Exploring the Rise of Auction Purchases Among Budget-Conscious Buyers

In an era where every penny counts, budget-strapped buyers are increasingly exploring alternative methods for purchasing vehicles. One of the most popular options gaining traction is vehicle auctions. On Wednesday, 17 July at 11:00 AM, MFC Bank will host a live and online vehicle auction at their state-of-the-art facility located at M57 Pretoria Rd, Glen Marais, Kempton Park, 1619. This event promises to be a game-changer for buyers looking to get more value for their money.

Understanding the Appeal of Vehicle Auctions

The psychology behind this trend is rooted in the need for smart financial decisions. Traditional dealership purchases often come with higher price tags, whereas auctions can offer vehicles at significantly reduced prices. Buyers are drawn to the excitement and potential savings, making auctions an attractive alternative.

However, the advantages extend beyond just the price. Reputable auction facilities like MFC provide an environment that is not only buyer-friendly but also transparent and supportive. These auctions are designed to cater to both seasoned bidders and first-time buyers, ensuring everyone has a fair chance to secure their desired vehicle.

The MFC Auction Experience

MFC Bank's auction facility boasts modern amenities that enhance the buying experience. The venue offers comfortable seating and a drive-through auction setup, making it easy for buyers to view and bid on vehicles. Big-screen monitors track live and online bids, ensuring the process is easy to follow. Friendly staff are on hand to assist with any queries, making the auction experience less stressful and more enjoyable.

For those new to the auction scene, MFC's auctioneers are skilled at guiding first-time buyers through the process. They ensure that, despite the fast pace of the auction, the atmosphere remains welcoming and supportive. This approach helps demystify the auction process and encourages participation from private buyers.

Key Details of the Upcoming MFC Auction

• Auction: MFC Bank Vehicle Auction
• Auction Date: 17 July 11:00 AM
• Venue: M57 Pretoria Rd, Glen Marais, Kempton Park, 1619
• Type of Auction: Live and Online
• Viewing Day: Tuesday 16 July 08:00 - 16:00
  • Note: Auction Finance on-site on viewing day to assist clients with finance queries. (See Auction Finance details below)
• Lots on Auction: 171 Vehicles
• MFC Auction Online Catalogue for Viewing and Bidding: MFC Auctions Catalogue
• MFC Website: mfcauctions.co.za

Why Buy at this Auction?

1. Auction Finance Available:

   • Quick and Easy Application Process: Get pre-approved and bid with confidence. (Apply online at Auction Finance)
   • Competitive Rates: Benefit from attractive financing options tailored to your needs.
   • Personalised Support: Friendly and knowledgeable staff, including Carin Visser, are here to guide you every step of the way. Apply now with Carin Visser on 082 654 7232.

2. Peace of Mind:

   • DEKRA Condition and Diagnostic Reports: Available on all auction lots, ensuring transparency and trust when bidding.

3. Massive Variety of Makes and Models

Join Our Auction Alerts WhatsApp Group

Stay informed about upcoming bank auctions by joining our Auction Alerts WhatsApp group. Get the latest notices and never miss an opportunity to find your dream car at a great price. Join now at Auction Alerts WhatsApp Group.

By understanding the benefits and unique experience offered by vehicle auctions, buyers can make informed decisions and potentially drive away with their ideal car at an unbeatable price. The upcoming MFC Bank Vehicle Auction is an excellent opportunity to explore this alternative buying method in a supportive and transparent environment.

Get Ready for the ABSA Passenger and Commercial Vehicle Auction in Durban!

Mark Your Calendars: Wednesday, 17th July 2024 at 10:00 AM

Excitement is in the air as Durban prepares to host one of the most anticipated vehicle auctions of the year. The ABSA Passenger and Commercial Vehicle Auction is just around the corner, offering a golden opportunity for car enthusiasts, savvy investors, and anyone looking for a fantastic deal on a quality vehicle. With over 200 cars up for grabs, this is an event you won't want to miss!

What to Expect

This auction, hosted by Park Village Auctions, features a wide range of bank passenger and commercial vehicles. Whether you're in the market for a sleek sedan, a rugged SUV, or a reliable commercial vehicle, there's something for everyone. Although the catalogue is still in preparation, the sheer number of vehicles guarantees a diverse selection that will cater to various tastes and needs.

Viewing Details

To give potential buyers a chance to inspect the vehicles before the auction, there will be viewing days on Monday, 15th July, and Tuesday, 16th July, from 09:00 to 15:00 at the Park Village Auctions Bank Asset Disposal Centre, Quarry Place, Off Queen Nandi Drive, River Horse Estate. This is the perfect opportunity to get up close and personal with the cars, check their conditions, and make a list of your favorites.

For viewing appointments, please contact:
Phone: 031 512 5005

Auction Format

The auction is a Live / Simulcast event, meaning it will be conducted via webcast. While there will be no live on-site bidding allowed, you can participate from the comfort of your home or office. The bidding starts online on Tuesday, 16th July, 2024, and will finish in lot number order on Wednesday, 17th July, 2024, starting at 10:00 AM sharp. Make sure you register before 9:00 AM on the day of the auction to secure your spot.

Registration Deposit: R7,000-00

Financing Made Easy

One of the most significant advantages of this auction is the availability of pre-approved finance from Auction Finance. We understand that purchasing a vehicle, especially at an auction, can be a considerable investment. That's why Auction Finance will be present at the viewing days to assist with any finance-related queries and ensure that you have the best possible chance of securing your dream vehicle.

Contact for Financing:
Zanele Ngcongo
Phone: 060 715 7013
Email: zanele@auctionfinance.co.za

To make the process even more convenient, you can apply for pre-approval online. Our streamlined application process ensures that you can focus on the excitement of the auction without worrying about the financial logistics.  Apply online at www.auctionfinance.co.za   Auth. FSP34936

Join Our Auction Notification WhatsApp Group

Stay updated with the latest auction news, exclusive previews, and essential tips by joining our Auction Notification WhatsApp Group. This group is designed to keep you in the loop and help you make the most of every auction opportunity. Click the link below to join:

Join Auction Notification WhatsApp Group

Final Thoughts

The ABSA Passenger and Commercial Vehicle Auction in Durban is shaping up to be a spectacular event. With a vast array of vehicles, the convenience of webcast bidding, and the support of Auction Finance, there has never been a better time to explore the world of car auctions. Mark your calendars, prepare your bids, and get ready for an exciting day filled with incredible opportunities!

For more information and updates, stay tuned to our blog and social media channels. We look forward to seeing you at the auction!

For more details, visit the auctioneer's page: Park Village Auctions.

Why Auctions Are the Key to Affordable Vehicle Ownership

In a landscape where traditional car ownership is becoming increasingly challenging for South Africans, new avenues for vehicle acquisition are emerging, offering hope and practical solutions to consumers. Among these, vehicle auctions stand out as a particularly promising option, providing affordable and equitable ways to own a car.

Embracing Change with Creative Financing

TransUnion's latest vehicle pricing index highlights that many South African households are feeling the pinch of high vehicle prices and maintenance costs. As a result, they are seeking alternative transportation solutions. While ride-hailing services, leasing, and subscription models gain traction, vehicle auctions present an underexplored yet highly advantageous option for savvy buyers.

The Appeal of Vehicle Auctions

Vehicle auctions have long been associated with bargains and unique finds. However, they offer more than just affordability. Auctions present opportunities for consumers to purchase well-maintained, often newer model vehicles at a fraction of their retail price. This affordability can be a game-changer for those feeling the economic squeeze but still needing reliable transportation.

Why Now is the Time to Consider Auctions

1. Affordability: With the average loan value for financed vehicles rising, auctions offer a way to bypass inflated dealership prices, making car ownership more accessible.
2. Variety and Quality: Auctions frequently feature a diverse range of vehicles, from nearly new to classic models, catering to various tastes and needs.
3. Cost-Effective Maintenance: Purchasing a vehicle at a lower price means that the overall cost of ownership, including insurance and licensing, becomes more manageable. This can significantly reduce monthly expenses, providing financial relief to many households.

A Positive Outlook for the Future

The rise of vehicle auctions signals a brighter future for consumers. By leveraging these opportunities, South Africans can find hope and practicality in vehicle ownership, even in these trying economic times.

As the market continues to evolve, embracing these new and creative ways to buy cars through auctions could be the key to sustainable mobility for many South Africans. Exploring vehicle auctions can offer a practical solution to the current economic pressures, providing affordable and equitable options for car ownership.

By considering auctions as a viable option, consumers can navigate these challenging times more effectively, turning obstacles into opportunities and finding reliable, cost-effective transportation solutions.

Join the Auction Finance WhatsApp Group for daily updates on bank, fleet, and commercial vehicle auctions across SA: https://chat.whatsapp.com/Cpa0FcnIQqSBf0BzXmPYD1

Stay Ahead with Auction Notifications!

In a recent article by The Sowetan, concerns over rising auction fraud scams have been highlighted, underscoring the importance of reliable sources when navigating the vehicle auction market. At Auction Finance, we prioritise transparency and authenticity, ensuring that our clients have access to genuine bank, fleet, and commercial vehicle auctions across South Africa.

Join Our WhatsApp Service for Exclusive Auction Updates!

Looking for great deals on vehicles? Join our WhatsApp group today to receive daily notifications about legitimate auctions happening near you! Whether you're in the market for bank repossessions, fleet vehicles, or commercial options, we provide real-time updates to keep you informed and ahead of the curve.

What You'll Get:

• Exclusive listings of upcoming auctions.
• Real-time notifications so you never miss an opportunity.
• Trustworthy information from a reputable source.

Join now and start bidding with confidence! Click here to join our WhatsApp group or WhatsApp #auctionnotifications to +27 71 233 9245.

Trust Auction Finance for Your Vehicle Needs

At Auction Finance, we're committed to helping you find your dream vehicle without the risk. Stay informed, stay secure, and get ready to bid on your next vehicle with confidence!

#AuctionDeals #VehicleAuctions #AuctionFinance #SouthAfrica #UsedCars #CommercialVehicles

For more insights, read the full article on auction fraud scams here.

https://tinyurl.com/bd9jtmkk

Explore essential tips to protect yourself from auction fraud at Auction Finance. Learn more at our Scam Awareness page: https://www.auctionfinance.co.za/scam-awareness/

Forging a New Path in Commercial Finance: The Partnership Between Commercial Finance and Fuzion Motor Group

Commercial Finance is proud to announce its exciting new partnership with Fuzion Motor Group, a dynamic force in the commercial vehicle industry. This collaboration marks a significant step forward in providing tailored financial solutions for clients seeking reliable commercial vehicles.

Overview of the Partnership

At Commercial Finance, we are thrilled to join forces with Fuzion Motor Group, known for its extensive range of commercial trucks from brands like Isuzu, Nissan, and UD. This partnership aims to streamline the purchasing process by offering bespoke financing options such as rentals, leases, and installment sales. Our strategic presence in Cape Town, combined with Fuzion’s widespread network across Kraaifontein, Malmesbury, Worcester, Citrusdal, Vredenburg, and Swellendam, ensures clients across these regions receive expert financial guidance from Johann Warnich and his team.

Excitement and Scope

The diversity and quality of Fuzion’s commercial trucks make them a preferred choice among businesses. Renowned for reliability and performance, these vehicles enhance our ability to cater to a wide range of commercial needs.

Tailored Finance Solutions

Our commitment at Commercial Finance lies in tailoring solutions to meet the unique requirements of our partners and their clients. Through this collaboration, we offer customized financing options that provide flexibility and convenience, enabling businesses to acquire necessary vehicles without financial strain.

Mutual Benefits and Growth

Partnering with Commercial Finance empowers Fuzion Motor Group to offer diverse funding options, thereby boosting sales and enhancing customer satisfaction and retention. Clients benefit from a streamlined purchasing process that simplifies financing and transaction completion, fostering long-term relationships and mutual growth.

Impact and Future Plans

This partnership is poised to drive substantial growth and operational improvements for both Commercial Finance and Fuzion Motor Group. By expanding our footprint in the commercial vehicle market, we aim to attract more clients and foster repeat business. While specific upcoming projects are currently in development, the foundation laid by this partnership promises exciting advancements in the near future.

Enhancing Customer Experience

For Fuzion’s clients, this partnership means elevated customer experiences through specialized financing services tailored to their needs and capabilities. Leveraging our extensive funding lines ensures higher approval rates, translating into increased sales and satisfaction.

Market Trends and Personal Insights

In a dynamic commercial finance market influenced by factors such as stock levels of key brands like Isuzu, our partnership is positioned to adapt and thrive. Fuzion Motor Group’s proactive approach underscores their commitment to our shared success, reinforcing their dedication to excellence.

Promotion and Visibility

Commercial Finance will promote this partnership through our website and by highlighting successful client collaborations. Potential clients can be assured they are partnering with specialists dedicated to top-tier service in finance and commercial vehicle sales.

Aligning Visions

This partnership aligns seamlessly with Commercial Finance’s vision to drive new truck sales through OEM partnerships, offering significant aftersales benefits and an exceptional customer experience. Together, we aim to set new benchmarks in the automotive industry, delivering personalized service and quality.

Looking Forward

We are optimistic about the future of this partnership. With confidence, we anticipate increased growth, customer satisfaction, and market presence for both Commercial Finance and Fuzion Motor Group. Together, we are poised to redefine standards in commercial vehicle financing and sales, providing unparalleled value to our clients.

Exciting ABSA Auctions in July Hosted by Park Village Auctions

Park Village Auctions is set to host three ABSA vehicle auctions in July, offering a timely opportunity for buyers in an otherwise challenging used car market. With recent data showing significant increases in used car prices, these auctions come at a crucial time. Vehicles over three years old have risen between 14.6% and 16.7% on average in Q4 2023, and affordable used cars have become increasingly scarce.

"With 55% of vehicle financing deals now for cars over R300,000, buyers seek quality at more accessible price points. Our ABSA auctions deliver exactly that," says PVA's Clive Lazarus.

Auction Schedule:

ABSA Boksburg:

• Date: 9 July 2024, 10 am
• Location: 8 Top Road, Anderbolt
• Web Reference: 1585
• Viewing: 5 and 8 July, 9 am - 3 pm
• Finance Contact: Lizette Muller at 072 105 8379

ABSA Durban:

• Date: 17 July 2024, 10 am
• Location: Quarry Place, Off Queen Nandi Drive, River Horse Estate
• Web Reference: 1586
• Viewing: 15 and 16 July, 9 am - 3 pm
• Finance Contact: Zanele Ngcongo at 073 031 8527

ABSA Gqeberha (PE) & Bloemfontein:

• Date: 18 July 2024, 10 am
• Locations:
  • 142 Burman Road, Deal Party (PE)
  • c/o R64 & Valencia Road, Waterbron (Bloemfontein)
• Web Reference: 1589
• Viewing: 16 and 17 July, 9 am - 3 pm
• Finance Contacts:
  • PE: Nicol Palmer at 061 521 7518
  • Bloemfontein: Celeste Steenberg at 082 374 5078

Nationwide Participation and Financing Options

All auctions will be conducted via webcast, allowing nationwide participation. Finance options will be available both onsite and online, ensuring a smooth buying process whether you're attending for viewing or remotely. This means you can secure your purchase with ease, regardless of your location.

For finance inquiries and to secure pre-approval, contact Auction Finance today:

• Johannesburg, Boksburg: Lizette Muller at 072 105 8379
• Durban: Zanele Ngcongo at 073 031 8527
• Port Elizabeth: Nicol Palmer at 061 521 7518
• Bloemfontein: Celeste Steenberg at 082 374 5078

You can also visit www.auctionfinance.co.za to apply online.

Why You Should Attend

These auctions offer a wide range of vehicles, often with remaining warranty or service plans, providing an excellent opportunity to secure reliable transportation at rates typically lower than traditional dealerships. This is especially important given the current market trends. Since all vehicles are sold “as is,” PVA encourages interested buyers to register early and take advantage of the viewing days to inspect vehicles in person.

"These auctions offer a wide range of vehicles, often with remaining warranty or service plans. It's an excellent opportunity for buyers to secure reliable transportation at rates typically lower than traditional dealerships, especially important given the current market trends," adds Lazarus.

Don’t miss out on these exciting events! Make sure to secure your finance pre-approval and get ready for a thrilling auction experience. Contact Auction Finance today to streamline your purchasing process and ensure you’re ready to bid with confidence.

For more information or to register, visit www.parkvillageauctions.co.za using the respective web references.