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.