The first ABSA vehicle auction of September is right around the corner, offering over 300 cars for sale. This is your chance to secure a vehicle at a significant Discount!
In a market where the average price of a used vehicle in South Africa continues to rise, finding value can be challenging. According to a recent article from IOL, the cost of used vehicles has been climbing, driven by increased demand and a tighter supply of new cars. But at the auctions, buyers regularly see savings, with prices often ranging between 75% to 80% of book trade value—significantly lower than the market average.
Auction Details:
- Date: 03 September 2024 at 10:00 AM
- Viewing:
- Friday, 30 August 2024 from 09:00 - 15:00
- Monday, 02 September 2024 from 09:00 - 15:00
- Venue: ABSA Trade Centre - 8 Top Road, Boksburg, 13 Top Road
- Auction Type: Webcast
- Catalogue: View the full catalogue here
- Vehicles on Auction: Over 300 cars available
Why This Auction Is Worth Your Attention:
Buying a vehicle at auction presents a unique opportunity to save, as cars are often sold well below their trade book value. In today's market, vehicles at auction typically sell for 80% of their book trade value. This means that, on average, you could be paying significantly less than you would at a dealership—where additional mark-ups often inflate prices.
This percentage reflects current trends and can vary based on factors like mileage, vehicle condition, service history, and demand. However, the potential for savings is substantial, making this auction an excellent opportunity for buyers.
Finance Options Available On-Site:
Did you know that you can secure financing directly at the auction? Many buyers are unaware of this convenient option, but Auction Finance is here to help. We offer pre-approved bank finance, allowing you to bid confidently and secure the vehicle you want.
- Contact: Lizette Muller at +27 721 058 379
- Website: Visit Auction Finance to get pre-approved | Auth. FSP34936
Our team will be available during the viewing days (Friday, 30 August 2024, and Monday, 02 September 2024) to answer any questions and assist with your finance application in person. Don’t miss the opportunity to speak with us directly about how we can help streamline your purchase.
Get Auction Alerts:
Stay informed about upcoming auctions by joining our WhatsApp group for daily updates on Bank, Fleet, and Commercial Auctions across South Africa. Click here to join and be the first to know about new opportunities.
Why Choose Auction Finance?
- Quick Pre-Approvals: Get pre-approved fast so you can bid with confidence.
- Expert Assistance: Our consultants are ready to guide you through the finance process, answering any questions you may have.
- On-Site Support: Meet us at the viewing locations to discuss your options and secure your finance before the auction begins.
This auction is your chance to save big on a vehicle while taking advantage of the convenient financing options available through Auction Finance. Register today, explore the catalogue, and get ready to drive away with a fantastic deal!
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