AuctionFinance Insider: September 2024

Monday, September 30, 2024

Exclusive Live Access: Be the Only to Watch MFC Auction Unfold with Sthe0051 & Auction Finance!

We’re excited to announce that Sthe0051, in conjunction with Auction Finance, has been granted exclusive rights to record this week’s MFC Bank Vehicle Auction! That means you can only catch the full viewing and auction experience live with us.

Here’s what’s happening:

Live Vehicle Viewing: Join us Tuesday morning (October 1) at the MFC Auction House for a sneak preview of the cars up for grabs. We’ll go live from the venue, giving you an inside look at some incredible deals coming up for auction. Notices will be sent out on our WhatsApp group before we go live, so stay tuned!
Auction Day: On Wednesday, October 2, we'll be back to cover the full auction, starting at 11 AM. If you can't make it in person, you can catch all the action with our exclusive live stream on Sthe0051’s TikTok! Make sure to like and follow: Sthe0051 on TikTok.
Viewing Day: Viewing is open to the public on Tuesday, October 1, from 08:00 AM to 16:00 PM at the MFC Auction House. We invite all our friends and followers to come by, say hi to Sthe, and check out the fantastic line-up of vehicles. It’s free to view, so don't miss out!

MFC Bank Vehicle Auction – Wednesday, October 2 at 11 AM

What Makes MFC Auctions Unique?

MFC auction's are one-of-a-kind because all vehicles are bank repossessions—no dealer or private stock, just cars straight from the bank. This provides buyers with transparency and confidence when bidding. Each vehicle also comes with a Dekra condition report, giving you a clear picture of the car’s health.

The auction takes place in a drive-through facility where vehicles are driven in front of bidders. Can’t make it? No worries—online bidding is available! You can participate in real-time from the comfort of your home.

Auction Insights & Potential Savings

Buyers at MFC auctions often secure vehicles for around 75% of their trade value, offering serious savings. With 154 vehicles on auction, there’s something for everyone. Whether you’re looking for your next personal car or a commercial vehicle, MFC auctions provide excellent value.

Auction Event Details:

Auctioneer: MFC Auction House
Date: Wednesday, October 2, 2024
Time: 11:00 AM
Location: M57 Pretoria Rd, Glen Marais, Kempton Park
Viewing Day: October 1, 08:00 AM – 16:00 PM
Catalogue: Click here to view the full list
Vehicles on Auction: 154

Frequently Asked Questions (FAQ)

Where is the auction located?
MFC Auction House, M57 Pretoria Rd, Glen Marais, Kempton Park.

Can I participate online?
Yes! You can bid in person or online. Click here to participate.

How do I participate in the auction?
Registration is required. Private buyers need to bring their ID and a utility bill; dealers need additional business documents. Check the auction’s website for full details.

Is viewing available before the auction?
Yes, viewing is open to the public on Tuesday, October 1. No registration is needed to browse the cars in person.

How much is the deposit?
A R5,000 deposit is required to register. This deposit is refundable if you don’t bid or win.

What additional fees apply?
Expect the bid price, plus a 5% buyer’s commission, VAT (15%), and a Dekra report fee of R521.74 (Excl. VAT).

Stay Informed with Auction Alerts!

Don’t miss out on future auction updates! Join our WhatsApp Auction Alert Group for all the latest info on upcoming auctions and deals: Join the WhatsApp Group.

Finance with Auction Finance

Looking for finance options? Auction Finance has you covered with pre-approvals and competitive rates. Whether you’re buying personal or commercial vehicles, we make it easy to finance your purchase at auction.

For more info or to apply, visit: https://tinyurl.com/2s6529zt

Catch the auction action live, and don't forget to follow Sthe0051 on TikTok for exclusive coverage and insights!

Friday, September 27, 2024

Spring Snowstorm Coming? Heat Up with Auction Finance Alerts!

Spring is here, but someone forgot to tell the weather! ❄️ While flowers are blooming, South Africa is getting an unexpected blast of snow and chilly conditions. But don’t worry, even if the weather’s confused, your auction game doesn’t have to be. Stay ahead with our Auction Finance WhatsApp Alerts and keep things hot! 🔥

DRINKING WARM CUP OF COFFEE IN SNOW NEXT TO CAR

Abnormal Snowy Weather Incoming!

The South African Weather Services (SAWS) are warning that from Sunday, 29 September 2024, parts of the Western Cape (WC), Eastern Cape (EC), and KwaZulu-Natal (KZN) are in for some frosty surprises. While most of us are ready for spring sunshine, it looks like a cold front with snow is about to hit. And don’t forget the strong winds and possible rain coming along for the ride!

But hey, while the weather’s throwing snowballs at us, Auction Finance is here to make sure your auction opportunities stay as hot as ever! ❄️🚘

Snowy Driving Tips for a Surprising Spring 🛻❄️

Not used to driving in snow—especially in spring? Here’s how you can stay safe on the roads:

Go Slow: Snow and ice make roads slippery, so ease up on the gas and brake gently.
Keep a Safe Distance: Leave extra room between your car and others. Icy roads mean longer stopping times.
Avoid Sharp Turns: If your car starts to slide, steer gently in the direction of the slide—don’t jerk the wheel.
Use Low Gears: For better control, especially on hills.
Lights On: Make sure others can see you in the rain or snow by keeping your headlights on.
Be Prepared: Pack a blanket and some warm drinks, just in case the trip takes longer than expected. Hot chocolate in spring? Why not! ☕❄️

Warm Up with Auction Finance Alerts This Spring!

While the weather’s taking a weird turn, Auction Finance is here to keep things on track with hot updates straight to your phone! Sign up for our Auction Alerts and get all the latest info on vehicle auctions, finance deals, and more—whether you're stuck in snow or soaking up some unexpected spring sun.

Don’t miss out—join our Auction Alerts group today and keep the heat on your auction adventure! 🔥🚘

👉 Click here to join our WhatsApp Group

Spring or snow, Auction Finance has your back. Stay warm, stay safe, and let’s keep those auction deals rolling! 🌸🌨️

Sunday, September 22, 2024

WesBank Luxury Vehicle Auction: Preliminary Catalogue List and Event Details

Join us for the monthly WesBank Luxury Online Vehicle Auction, where a stunning selection of high-end vehicles will be available for bidding. This exclusive online event offers a wide range of luxury cars, with Dekra condition reports provided for selected vehicles to ensure peace of mind. Plus, Auction Finance is available to help secure your purchase quickly and easily. Don’t miss this chance to bid on some of the finest vehicles, all from the comfort of your home!

Auction Date:

📅 25 September (12:00) - 26 September (10:30)
📍 Address: 182 14th Rd, Noordwyk, Midrand, 1687
🔗 Link to Auction: WesBank Auction

Public Viewing Starts:
🗓 Wednesday, 25 September (WesBank is closed on Tuesday due to the public holiday)

Registration Details:
A R5,000 refundable deposit is required for bidder registration. This deposit is forfeited if payment for a purchase is not made.
Note: Bid prices exclude VAT.

Preliminary Auction Catalogue

Please note, this is a preliminary list and is subject to change.

Audi:

2018 SQ5 3.0 TFSI Quattro Tiptronic – 280,228 km, Metallic Grey
2019 Q8 55TFSI Quattro Tip – 106,904 km, White
2020 Q8 45TDI Quattro Tip – 32,828 km, Metallic Dark Blue
2020 A4 2.0T FSI Advanced Stronic (35 TFSI) – 59,249 km, Blue

BMW:

2015 220I M Sport Active Tourer A/T – 117,646 km, White
2017 X5 M (F15) – 175,391 km, Blue
2018 M5 M-DCT (F90) – 109,405 km, Silver
2019 420D Coupe M Sport A/T (F32) – 197,140 km, White
2019 X3 XDrive 20D M-Sport (G01) – 87,354 km, Metallic Dark Blue
2019 M850I XDrive (G15) – 27,135 km, Metallic Dark Blue
2021 420D Gran Coupe M Sport A/T (G26) – 87,073 km, White
2021 840I Gran Coupe M Sport (G16) – 83,122 km, White

Chery:

2022 Tiggo 7 Pro 1.5T Executive CVT – 29,035 km, Silver
2022 Tiggo 8 Pro 1.6 TDGI Executive DCT – 33,965 km, Maroon

Chevrolet:

2011 Corsa Utility 1.4 A/C P/U S/C – 316,283 km, White

Ford:

2016 Fusion 1.5 EcoBoost Trend A/T – 262,123 km, White
2018 Mustang 5.0 GT A/T – 54,150 km, Red
2022 Everest 2.0D Bi-Turbo Ltd 4x4 A/T – 16,330 km, White
2023 Everest 3.0D V6 Platinum AWD A/T – 32,755 km, White

Haval:

2023 H6 1.5T Hybrid Ultra Luxury DHT – 38,039 km, Black

Honda:

2023 BR-V 1.5 Comfort – 29,087 km, Metallic Grey

Hyundai:

2018 Tucson 2.0 Premium A/T – 199,627 km, White
2020 Elantra 1.6 Executive – 123,952 km, Silver
2022 Grand Creta 2.0 Elite A/T – 75,501 km, White

Kia:

2017 Cerato 1.6 EX A/T – 148,952 km, Silver
2019 Picanto 1.0 Smart – 87,163 km, Blue
2021 Rio 1.4 LX 5DR – 55,117 km, Silver
2024 Pegas 1.4 EX – 38,878 km, Metallic Grey

Land Rover:

2017 Range Rover Sport 3.0 V6 S/C HSE – 132,936 km, Maroon
2018 Discovery 3.0 TD6 HSE – 95,192 km, White
2019 Evoque 2.0 SD4 HSE Dynamic – 103,053 km, Metallic Grey
2020 Range Rover Sport 3.0D HSE (190KW) – 178,518 km, Black

Mazda:

2019 CX-3 2.0 Active A/T – 155,628 km, Metallic Dark Green
2022 CX-5 2.0 Dynamic A/T – 45,529 km, White

Mercedes-Benz:

2011 E 300 Avantgarde – 325,737 km, White
2014 S500 BE – 184,513 km, White
2015 C220 BlueTEC A/T – 158,339 km, Metallic Brown
2016 GLC 250D Exclusive – 174,647 km, Silver
2018 CLA200 A/T – 123,039 km, Silver
2018 GLE Coupe 63 S AMG – 73,228 km, Black
2020 GLA 200 – 34,744 km, White
2022 C200 A/T (W206) – 25,349 km, Silver

Nissan:

2018 Almera 1.5 Acenta A/T – 184,323 km, White
2019 NP200 1.6 A/C Safety Pack P/U S/C – 158,935 km, White
2019 Almera 1.5 Acenta A/T – 207,806 km, Silver
2023 NP200 1.6 A/C Safety Pack P/U S/C – 27,223 km, White
2023 Qashqai 1.3T Acenta Xtronic – 37,883 km, Metallic Grey

Porsche:

2016 Boxster GTS PDK (981) – 40,206 km, White

Suzuki:

2018 Ciaz 1.4 GLX – 243,139 km, Silver
2023 Eeco 1.2 P/V – 26,993 km, White

Toyota:

2018 Corolla 1.6 Prestige – 417,246 km, Silver
2018 Prado VX-L 3.0D A/T – 219,188 km, White
2021 Prado VX 4.0 V6 A/T – 84,106 km, White
2022 Urban Cruiser 1.5 XS – 19,442 km, Blue
2022 Fortuner 2.4GD-6 R/B A/T – 20,684 km, Gold

Volkswagen:

2006 Sharan 1.8T – 151,505 km, White
2013 Polo Vivo 1.4 Blueline 5DR – 215,729 km, Silver
2014 Golf VII 1.2 TSI Trendline – 200,570 km, White
2016 Jetta GP 1.4 TSI Comfortline DSG – 176,088 km, Dark Blue
2018 Polo 1.0 TSI Comfortline – 146,775 km, White
2019 T-Cross 1.0 Comfortline DSG – 157,097 km, Silver
2020 Polo 1.0 TSI Highline DSG (85KW) – 108,236 km, White
2020 Polo 2.0 GTI DSG (147KW) – 37,177 km, Red
2020 Polo 2.0 GTI DSG (147KW) – 111,391 km, Blue
2020 Tiguan 2.0 TDI Highline 4/MOT DSG – 79,152 km, Silver
2020 Tiguan 1.4 TSI Comfortline DSG (110KW) – 130,961 km, Silver
2021 Tiguan 1.4 TSI R-Line DSG (110KW) – 48,642 km, Metallic Grey
2021 Polo Vivo 1.4 Comfortline (5DR) – 42,685 km, White
2023 Tiguan Allspace 1.4 TSI Life DSG – 14,716 km, White

Volvo:

2016 XC90 D5 Inscription AWD – 161,606 km, Metallic Grey
2020 XC90 T8 Twin Engine R-Design AWD (Hybrid) – 140,939 km, White

Auction Finance Available On-Site or Apply Online

💼 Secure your pre-approved bank finance with Auction Finance!
Contact Leatitia Jansen van Rensburg at +27 82 960 9506 or visit https://tinyurl.com/yc452p4w

#AuctionFinance #LuxuryAuction #WesBankAuction #ApplyNow
Auth. FSP34936

WesBank Luxury Online Vehicle Auction: Preliminary Catalogue List and Event Details

Auction Date:

📅 25 September (12:00) - 26 September (10:30)
📍 Address: 182 14th Rd, Noordwyk, Midrand, 1687
🔗 Link to Auction: WesBank Auction

Public Viewing Starts:
🗓 Wednesday, 25 September (WesBank is closed on Tuesday due to the public holiday)

Registration Details:
A R5,000 refundable deposit is required for bidder registration. This deposit is forfeited if payment for a purchase is not made.
Note: Bid prices exclude VAT.

🚨 Exclusive Live Coverage Alert! 🚨

Auction Finance and @sthe0051 have been given exclusive access to the WesBank floor ahead of the public viewing for this week's WesBank Luxury Online Vehicle Auction!

📅 Join us LIVE on TikTok Monday, 23 September at 1 PM to get an exclusive sneak peek of the incredible luxury vehicles that will be auctioned.

🔒 Note: Public viewing isn’t open until Wednesday, so tune in to get ahead of the crowd!

🔗 TikTok LIVE Link: Watch Here

Preliminary Auction Catalogue

Please note, this is a preliminary list and is subject to change.

Audi:

2018 SQ5 3.0 TFSI Quattro Tiptronic – 280,228 km, Metallic Grey
2019 Q8 55TFSI Quattro Tip – 106,904 km, White
2020 Q8 45TDI Quattro Tip – 32,828 km, Metallic Dark Blue
2020 A4 2.0T FSI Advanced Stronic (35 TFSI) – 59,249 km, Blue

BMW:

2015 220I M Sport Active Tourer A/T – 117,646 km, White
2017 X5 M (F15) – 175,391 km, Blue
2018 M5 M-DCT (F90) – 109,405 km, Silver
2019 420D Coupe M Sport A/T (F32) – 197,140 km, White
2019 X3 XDrive 20D M-Sport (G01) – 87,354 km, Metallic Dark Blue
2019 M850I XDrive (G15) – 27,135 km, Metallic Dark Blue
2021 420D Gran Coupe M Sport A/T (G26) – 87,073 km, White
2021 840I Gran Coupe M Sport (G16) – 83,122 km, White

Chery:

2022 Tiggo 7 Pro 1.5T Executive CVT – 29,035 km, Silver
2022 Tiggo 8 Pro 1.6 TDGI Executive DCT – 33,965 km, Maroon

Chevrolet:

2011 Corsa Utility 1.4 A/C P/U S/C – 316,283 km, White

Ford:

2016 Fusion 1.5 EcoBoost Trend A/T – 262,123 km, White
2018 Mustang 5.0 GT A/T – 54,150 km, Red
2022 Everest 2.0D Bi-Turbo Ltd 4x4 A/T – 16,330 km, White
2023 Everest 3.0D V6 Platinum AWD A/T – 32,755 km, White

Haval:

2023 H6 1.5T Hybrid Ultra Luxury DHT – 38,039 km, Black

Honda:

2023 BR-V 1.5 Comfort – 29,087 km, Metallic Grey

Hyundai:

2018 Tucson 2.0 Premium A/T – 199,627 km, White
2020 Elantra 1.6 Executive – 123,952 km, Silver
2022 Grand Creta 2.0 Elite A/T – 75,501 km, White

Kia:

2017 Cerato 1.6 EX A/T – 148,952 km, Silver
2019 Picanto 1.0 Smart – 87,163 km, Blue
2021 Rio 1.4 LX 5DR – 55,117 km, Silver
2024 Pegas 1.4 EX – 38,878 km, Metallic Grey

Land Rover:

2017 Range Rover Sport 3.0 V6 S/C HSE – 132,936 km, Maroon
2018 Discovery 3.0 TD6 HSE – 95,192 km, White
2019 Evoque 2.0 SD4 HSE Dynamic – 103,053 km, Metallic Grey
2020 Range Rover Sport 3.0D HSE (190KW) – 178,518 km, Black

Mazda:

2019 CX-3 2.0 Active A/T – 155,628 km, Metallic Dark Green
2022 CX-5 2.0 Dynamic A/T – 45,529 km, White

Mercedes-Benz:

2011 E 300 Avantgarde – 325,737 km, White
2014 S500 BE – 184,513 km, White
2015 C220 BlueTEC A/T – 158,339 km, Metallic Brown
2016 GLC 250D Exclusive – 174,647 km, Silver
2018 CLA200 A/T – 123,039 km, Silver
2018 GLE Coupe 63 S AMG – 73,228 km, Black
2020 GLA 200 – 34,744 km, White
2022 C200 A/T (W206) – 25,349 km, Silver

Nissan:

2018 Almera 1.5 Acenta A/T – 184,323 km, White
2019 NP200 1.6 A/C Safety Pack P/U S/C – 158,935 km, White
2019 Almera 1.5 Acenta A/T – 207,806 km, Silver
2023 NP200 1.6 A/C Safety Pack P/U S/C – 27,223 km, White
2023 Qashqai 1.3T Acenta Xtronic – 37,883 km, Metallic Grey

Porsche:

2016 Boxster GTS PDK (981) – 40,206 km, White

Suzuki:

2018 Ciaz 1.4 GLX – 243,139 km, Silver
2023 Eeco 1.2 P/V – 26,993 km, White

Toyota:

2018 Corolla 1.6 Prestige – 417,246 km, Silver
2018 Prado VX-L 3.0D A/T – 219,188 km, White
2021 Prado VX 4.0 V6 A/T – 84,106 km, White
2022 Urban Cruiser 1.5 XS – 19,442 km, Blue
2022 Fortuner 2.4GD-6 R/B A/T – 20,684 km, Gold

Volkswagen:

2006 Sharan 1.8T – 151,505 km, White
2013 Polo Vivo 1.4 Blueline 5DR – 215,729 km, Silver
2014 Golf VII 1.2 TSI Trendline – 200,570 km, White
2016 Jetta GP 1.4 TSI Comfortline DSG – 176,088 km, Dark Blue
2018 Polo 1.0 TSI Comfortline – 146,775 km, White
2019 T-Cross 1.0 Comfortline DSG – 157,097 km, Silver
2020 Polo 1.0 TSI Highline DSG (85KW) – 108,236 km, White
2020 Polo 2.0 GTI DSG (147KW) – 37,177 km, Red
2020 Polo 2.0 GTI DSG (147KW) – 111,391 km, Blue
2020 Tiguan 2.0 TDI Highline 4/MOT DSG – 79,152 km, Silver
2020 Tiguan 1.4 TSI Comfortline DSG (110KW) – 130,961 km, Silver
2021 Tiguan 1.4 TSI R-Line DSG (110KW) – 48,642 km, Metallic Grey
2021 Polo Vivo 1.4 Comfortline (5DR) – 42,685 km, White
2023 Tiguan Allspace 1.4 TSI Life DSG – 14,716 km, White

Volvo:

2016 XC90 D5 Inscription AWD – 161,606 km, Metallic Grey
2020 XC90 T8 Twin Engine R-Design AWD (Hybrid) – 140,939 km, White

Auction Finance Available On-Site or Apply Online

💼 Secure your pre-approved bank finance with Auction Finance!
Contact Leatitia Jansen van Rensburg at +27 82 960 9506 or visit www.auctionfinance.co.za

#AuctionFinance #LuxuryAuction #WesBankAuction #ApplyNow
Auth. FSP34936

Thursday, September 19, 2024

Why Buying on Auction is Becoming More Popular: A Look at Market Trends and Opportunities

As more South Africans face financial constraints, there has been a noticeable shift in consumer behavior when it comes to vehicle ownership. One significant trend, highlighted in a recent TopAuto article by Albert du Toit, “What the average South African pays for a new car right now – And what you can buy with it,” indicates that South Africans are downsizing their garages and opting for a single, multipurpose vehicle instead of maintaining two cars. This move is largely driven by rising vehicle prices and diminishing disposable incomes. The average price of a new car in South Africa now sits at R391,000, an increase from R387,000 a year ago.

A sleek, modern car parked at an auction site with a visible "For Sale" sign, symbolizing vehicle auctions and potential savings.

This trend is not just about financial limitations but also about maximizing value. Many households are trading in multiple vehicles for a single crossover, SUV, or bakkie that offers more versatility. Ride-hailing services like Bolt and Uber have also made it easier for families to manage with fewer cars, while the cost of maintaining multiple vehicles continues to rise.

Why Buying on Auction Makes Sense

As car prices climb, more consumers are turning to auctions to get the most bang for their buck. At auctions, you can find late-model vehicles with low mileage, many still under service plans. The prices at auctions are often lower than retail, with cars fetching around 75% of their book trade value. This represents significant savings, especially for buyers who are unaware of the quality of vehicles available at these events.

For instance, reputable auctioneers like MFC Bank even provide DEKRA condition reports, ensuring buyers know exactly what they’re purchasing. Auction Finance is also available, making it easier than ever for buyers to secure the right financing for their new purchase. Despite common misconceptions, purchasing a vehicle through auction doesn’t mean sacrificing quality – it’s a smart financial move for those looking for great deals on vehicles.

What the Market is Paying for New Cars

To put things into perspective, here are some examples of starting prices for new vehicles in the traditional retail market, as highlighted in the TopAuto article:

Fiat 500C 1.2 Style – Starting price: R379,900 (Power: 51kW/102Nm, Fuel consumption: 4.8l/100km)
Honda Fit 1.5 Comfort – Starting price: R380,500 (Power: 89kW/145Nm, Fuel consumption: 5.5l/100km)
Nissan Navara 2.5 Single Cab XE – Starting price: R381,000 (Power: 118kW/233Nm)
Toyota Urban Cruiser 1.5 XR Auto – Starting price: R382,900 (Power: 77kW/138Nm, Fuel consumption: 6.1l/100km)
Mitsubishi Xpander 1.5 Auto – Starting price: R385,995 (Power: 77kW/141Nm, Fuel consumption: 7.0l/100km)
Chery Tiggo 4 Pro 1.5T Elite Auto – Starting price: R386,900 (Power: 108kW/210Nm, Fuel consumption: 6.8l/100km)
Mahindra XUV300 1.5TD W8 – Starting price: R386,999 (Power: 86kW/300Nm, Fuel consumption: 4.8l/100km)
GWM Steed 5 2.0VGT Double Cab SX – Starting price: R390,150 (Power: 110kW/320Nm, Fuel consumption: 7.6l/100km)
Haval Jolion Pro 1.5T Premium – Starting price: R391,150 (Power: 105kW/210Nm, Fuel consumption: 8.1l/100km)
Kia Sonet 1.5 LX Auto – Starting price: R391,995 (Power: 85kW/144Nm, Fuel consumption: 6.2l/100km)
Opel Corsa 1.2T Edition – Starting price: R394,900 (Power: 74kW/205Nm, Fuel consumption: 5.7l/100km)
Renault Duster 1.5dCi Zen – Starting price: R397,999 (Power: 66kW/210Nm, Fuel consumption: 5.1l/100km)
Dayun Yuehu S5 Standard – Starting price: R399,900 (Power: 35kW/105Nm, Fuel consumption: Electric)
Foton Tunland G7 2.0TD Double Cab TL – Starting price: R399,900 (Power: 120kW/390Nm, Fuel consumption: 7.4l/100km)
JAC T8 2.0CTI Double Cab Lux – Starting price: R399,900 (Power: 104kW/320Nm, Fuel consumption: 7.8l/100km)
Suzuki Jimny 1.5 GL AllGrip 3-door – Starting price: R399,900 (Power: 75kW/130Nm, Fuel consumption: 6.3l/100km)
VW Polo Hatch 1.0TSI 70kW Life – Starting price: R401,400 (Power: 75kW/175Nm, Fuel consumption: 5.4l/100km)

Auction Advantage

By purchasing on auction, buyers can expect significant savings compared to these retail starting prices. Auctions offer not only affordability but also the opportunity to secure high-quality vehicles that can compete with these new models in terms of reliability and performance, often at a fraction of the cost.

Join the Trend—Get Started with Auction Finance

If you're looking for affordable ways to buy your next vehicle, consider exploring auction options. With Auction Finance, we provide easy access to financing for auction purchases, helping you secure pre-approvals and get behind the wheel of your next vehicle with ease.

For daily updates on bank, fleet, and commercial vehicle auctions across South Africa, join our WhatsApp group to stay informed. Simply click here. If you’re ready to apply for finance, visit us at www.auctionfinance.co.za for more information. Auction Finance is a Auth. FSP34936

#AuctionFinance #CarAuctionsSA #BankAuctionDeals #BuySmartSaveBig

Sunday, September 15, 2024

The Ultimate Guide to bidding on the MFC Bank Vehicle Auction | 18 September 2024 | Don’t Miss Your Chance to Bid!

Every Wednesday at 11:00 AM, car buyers have an exciting opportunity to save big at the MFC Bank Vehicle Auction. Taking place at their state-of-the-art showroom in Kempton Park, this auction is unlike any other in South Africa. Whether you attend in person or participate online, you're in for an exciting experience with significant savings on quality vehicles.

Why This Auction is Different

At this auction, all vehicles are bank repossessions, meaning no dealer or private stock—just cars directly from the bank. This provides you with transparency and confidence when bidding. Plus, each vehicle comes with a Dekra condition report, making MFC the only auction house in South Africa to offer such a service across all cars at their Auction Centre in Johannesburg.

The auction takes place in a drive-through facility, where vehicles are driven in front of bidders as they are auctioned, with comfortable seating for those attending live. Prefer to bid from home? No problem—online bidding is available, and it offers convenience without sacrificing the excitement of a live event. Online bidding also allows you to avoid travel, parking, and crowds while still getting your hands on great deals.

Market Insights and Savings

On average, cars at these auctions sell for around 75% of their trade value, meaning substantial savings for savvy buyers. With a wide selection of vehicles available, you’re bound to find something that suits your needs and budget.

Auction Finance: Pre-Approvals and Live Coverage

Auction Finance will be live at the MFC viewing day and auction event, providing previews of the cars going on auction and offering insights into the deals as they happen. For our TikTok followers, our influencer, @Sthe0051, will be covering the auction live on TikTok. Watch as he walks you through the bidding process, highlights vehicles on offer, and answers your questions in real-time. Be sure to follow him to stay updated: Watch @Sthe0051 Live on TikTok.

MFC Auction Event Details:

Auctioneer: MFC Auction House
Date: September 18, 2024
Time: 11:00 AM
Location: M57 Pretoria Rd, Glen Marais, Kempton Park
Viewing Day: September 17, 08:00 AM – 16:00 PM
Catalogue: View full catalogue here
Vehicles on Auction: 158

Frequently Asked Questions (FAQ)

Where is this auction located?
The auction takes place at MFC Auction House, M57 Pretoria Rd, Glen Marais, Kempton Park.
Can I participate in the auction online?
Yes! You can participate in the auction both live in person or online. Simply visit the auction at the physical location, or participate online by clicking here.
How do I take part in the auction if I want to buy a car?
To participate, bidders must register beforehand. Here’s what you’ll need:
Private Individuals: Original ID and utility bill (not older than 3 months) showing current residential address
Non-S.A. Residents: Passport, valid VISA, or traffic register certificate
Dealers & Companies: Proxy and buyer’s ID, traffic register certificate, business proof of residence, letter with proxy and buyer’s details, business registration documents (CK, CC, PTY), and owner/manager/GM ID (the person signing the proxy letter)
Can I view the cars before the auction?
Yes, viewing is available both online and in person at the MFC Auction House premises. The viewing day is free and no registration is needed to browse the vehicles.
Is there an auction list or catalogue available?
Yes, a detailed auction catalogue is available before the auction. Typically, the final catalogue is released the day before the auction, but you can usually access it a week ahead. You can view it online at MFC Auctions.
Can I get finance for auction cars?
Yes! Auction Finance is available on-site and online. You can even secure a pre-approval before the auction by applying online at Auction Finance.
What is a ‘runner’ vehicle?
A "runner" vehicle refers to a used car that is in running condition and can be driven. All vehicles in this auction come with a DEKRA condition report for peace of mind.
How much is the deposit to register?
A deposit of R5,000 (five thousand rand) is required for registration. This can be made via EFT or bank deposit.
Is the deposit refundable?
Yes, the deposit is fully refundable if you don’t bid or if your bid is unsuccessful. However, if you place a successful bid and fail to complete the purchase, you will lose your deposit. If you don’t bid or win, your deposit can either be refunded within 5 business days or kept for future auctions at your request.
How much will a car cost at auction?
The final price depends on bidding and various factors like mileage, condition, and service history. Most auction cars sell below trade value, but you should attend or view the auction to get a sense of pricing and budget accordingly.
Are there additional charges (VAT, etc.)?
Yes, additional fees apply. Here’s a breakdown:
Bid price (Hammer price)
Documentation fee: R2,250 (Excl. VAT)
Buyer’s commission: 5% (Excl. VAT)
DEKRA report (if applicable): R521.74 (Excl. VAT)
VAT: 15%
A full breakdown will be provided on your pro forma invoice.
What is the starting price for bidding?
Pre-bidding is open on all items before the auction, and the highest pre-bid will be the starting price when the live auction begins. The auctioneer will regulate bid increments during the live auction.
Do MFC hold auctions in other regions?
Yes, MFC hosts auctions in various regions, including KwaZulu-Natal (KZN), Western Cape, and Free State. While dates for these auctions vary, you can stay informed by joining our WhatsApp Auction Alert Group: Click here or by visiting Auction Finance.
Need more information?
For a full list of terms and conditions for the MFC Auction, visit MFC Terms & Conditions.

Stay Informed with Auction Alerts!

Don't miss out on future auctions! Join our WhatsApp Auction Alert Group to receive updates on all upcoming bank, fleet, and commercial vehicle auctions across South Africa.
Join here: WhatsApp Auction Alert

Auction Finance is proud to offer competitive rates and easy pre-approvals, helping you secure the perfect vehicle at your next auction! Whether you're looking for personal, commercial, or agricultural finance, we've got you covered.

Contact us:

F&I Manager: Carin Visser
Phone: 082 654 7232
Email: catharina@auctionfinance.co.za
Website: www.auctionfinance.co.za - Auth. FSP34936

Have more questions?
Reach out to us directly or ask in the comments below, and we'll be happy to help! Keep an eye on @Sthe0051’s TikTok for live coverage of the auction.

Saturday, September 14, 2024

Get Ready for the Mega ABSA Vehicle Auction with Tirhani Auctioneers!

The highly anticipated ABSA Boksburg Repossessed Vehicles Auction is just around the corner, and with over 400 vehicles up for grabs, this is an event you don’t want to miss! Whether you’re looking for a bargain on a runner or even a non-runner vehicle, this auction offers something for every buyer. Plus, Auction Finance is available on-site to help you secure the vehicle of your choice with ease and confidence

This online-only auction offers the perfect opportunity to browse and bid on a wide range of cars from the comfort of your home. The ABSA Trade Centre and Tirhani Auctioneers are pulling out all the stops to ensure a seamless experience for all bidders.

Auction Details:

Auction Opens: Monday, 16 September 2024, at 11:00
Auction Closes: Tuesday, 17 September 2024, from 11:00 (Staggered closing of 2 lots per minute with a 1-minute auto-extend)
Viewing: Monday, 16 September 2024, from 08:00 to 16:00
Viewing Venues:
- ABSA Trade Centre, 8 Top Road, Boksburg & 13 Top Road, Boksburg
- Tirhani Auctioneers, 4 Van Dyk Road, Benoni, Gauteng
Auctioneer: Tirhani Auctioneers
Online Catalogue: View Auction Catalogue Here

Why You Should Attend:

With a massive variety of vehicles available, from everyday cars to specialised models, this auction caters to everyone. Online bidding makes the process even more convenient, allowing you to participate from anywhere.

Don't forget to visit the auction site for vehicle viewing on the day before bidding kicks off. It's your chance to inspect the stock and make an informed choice.

Important Note: Beware of scams! ABSA will never request deposits via social media or private platforms. Stay safe and only participate through official auction channels.

Tirhani Auctioneers: Your Trusted Auction Partner

We are proud to partner with Tirhani Auctioneers, one of South Africa’s leading auction houses. With a national presence and decades of experience in auctioneering, Tirhani is known for their transparency and professional service. Whether you’re looking to buy or sell, they’ve earned their reputation through their expertise in asset recovery and dedication to ethical business practices. Tirhani has consistently delivered top-notch service in both online and live auctions, making them the go-to choice for clients across various industries Tirhani Auctioneers

Their involvement in the ABSA auction further guarantees a smooth, reliable experience for all participants. Be sure to check out their full auction services and see why they’re such a respected name in the industry!

Finance Options Available with Auction Finance

Are you ready to bid but need finance? Auction Finance is here to make your purchase seamless. We offer quick, pre-approved financing so you can focus on getting the vehicle you want. Don’t hesitate to reach out to Lizette Muller at +27721058379 for assistance, or apply online via Auction Finance Pre-Approval. Auction Finance is a Auth. FSP34936

Why Choose Auction Finance?

Fast Pre-Approvals: Secure your finance before the auction starts and bid with confidence.
Expert Guidance: Our team is available during the viewing to answer any questions and guide you through the finance process.
Flexible Terms: Get financing that suits your needs, with competitive rates and a quick approval process.

Terms & Conditions:

Registration Fee: R7,000 (required with ID and proof of address)
VAT: 15% added to the highest bid amount
Admin Fee: R2,500 (inclusive of VAT, per lot)
Commission/Buyer’s Premium: 0% No Buyers Commission on this auction!

For the full list of terms and conditions, visit Tirhani Auctions Terms.

Ready to Join?

Mark your calendars and start preparing for a successful bid! This auction promises a great selection of vehicles with financing available, making it an excellent opportunity for all buyers. Get pre-approved with Auction Finance today and secure the car you’ve been searching for.

#ABSAAuction2024 #AuctionFinance #TirhaniAuctioneers #VehicleAuctionSA #BoksburgAuction #PreApprovedFinance

Contact Us:
📞 Lizette Muller - +27 721 058 379
🌐 Auction Finance
📍 8 Top Road, Boksburg

Make sure you're ready when the hammer falls – we look forward to seeing you at the auction!

Friday, September 13, 2024

Protect Yourself from Auction Scams: Key Guidelines for Safe Bidding

In the digital age, online auctions have made it easier than ever to find great deals on vehicles, but they’ve also attracted scammers looking to take advantage of unsuspecting buyers. Fraudulent schemes have become increasingly sophisticated, making it essential for consumers to be aware of the risks and take steps to protect themselves. Below are some key guidelines to help you avoid falling victim to scams when participating in vehicle auctions.

1. Verify Auctioneer Credibility

Before participating in any auction, always verify the auctioneer’s credibility. Legitimate auction houses will have a professional website that lists their contact information, terms and conditions, and detailed auction procedures. Double-check all contact details against official sources and beware of any discrepancies. Avoid engaging with anyone who cannot provide transparent, verifiable information.

Tip: Consult trusted sources like the South African Institute of Auctioneers (SAIA) & Auction Finance to verify auctioneers. SAIA & Auction Finance maintains a list of approved auction houses, ensuring they follow the industry’s best practices. You can view their website for more information and guidance on legitimate auctioneers.

2. No Legitimate Auctioneer Will Ask for Reservations

Reputable auction houses never require you to reserve a vehicle with a deposit before the auction. Vehicles are sold to the highest confirmed bidder through a transparent bidding process. If you’re asked to make an early deposit to “hold” or “reserve” a vehicle, it's likely a scam.

What About Registration Deposits? Legitimate auctioneers will require a refundable registration deposit, which allows you to participate in the auction. This is standard practice and is refundable if you don’t bid or your bid is unsuccessful. The auctioneer will clearly outline these terms on their website, and payments should always be made via secure methods such as EFT, not in cash.

3. Attend Formal Viewing Days

Every legitimate auction will offer formal viewing days, which allow potential buyers to inspect vehicles before the auction. These viewing days are crucial for assessing the condition of the vehicle and ensuring that it meets your expectations. Avoid auctions that don't offer these opportunities, as they may be hiding key details.

Viewing days are always open to all potential bidders, providing transparency and a fair opportunity for everyone. If an auctioneer refuses to allow you to inspect the vehicle or claims you need to pay before seeing it, proceed with caution.

4. No Upfront Cash Deposits

A genuine auctioneer will never ask for large upfront cash deposits. All payments, including registration deposits, must be made through official channels such as EFT or directly at the auction house’s cashier desk. Any requests for cash payments to a personal account should be treated as a scam warning sign.

5. Bank Repossessed Vehicles Are Only Sold at Auction

Authentic bank-repossessed vehicles are always sold at public auctions, never through private sales or direct offers with a fixed price. Scammers often attempt to lure buyers with promises of great deals on repossessed cars, but in reality, these vehicles are only available at public auctions where the final price is determined by the highest bidder.

6. Be Cautious with Vehicle Listings

Fraudsters often post fake vehicle listings on legitimate platforms or directly reach out to buyers offering vehicles for a fixed price, claiming to be part of a repossession sale. Authentic bank-repossession auctions will never advertise fixed selling prices; they are sold to the highest bidder on auction day. If you’re contacted by someone claiming to offer a “special deal” before the auction, it’s most likely a scam.

7. Report Suspicious Activity

If you encounter any suspicious behavior or are contacted by individuals asking for early payments, offering vehicles privately, or demanding large deposits, report it immediately. Notify the relevant authorities or consult with trusted auctioneers and finance providers like Auction Finance for guidance.

8. Partner with Reputable Finance Providers

When buying at auction, it’s essential to work with trusted finance providers to avoid fraudulent schemes. Auction Finance partners only with reputable auction houses, ensuring that you’re participating in a legitimate auction. For added peace of mind, consult our auction calendar to find verified bank repossession auctions across South Africa, complete with contact details of reputable auctioneers.

Stay Safe: Key Takeaways

Verify auctioneer credibility through official websites or trusted sources like SAIA.
Never reserve a vehicle with a deposit before an auction.
Always attend formal viewing days to inspect vehicles before bidding.
Avoid private sales or upfront deposits for vehicles supposedly from repossession auctions.
Work with reputable finance providers like Auction Finance to secure your bids safely.

Join Our Auction Alerts: Stay informed about legitimate bank, fleet, and commercial auctions by joining our Auction Alerts WhatsApp group. Follow this link to stay ahead of the game: https://chat.whatsapp.com/Cpa0FcnIQqSBf0BzXmPYD1.

By following these guidelines and staying vigilant, you can enjoy the benefits of auction bidding while protecting yourself from scams.

South African Institute Of Auctioneers: https://www.auctioneering.co.za/1607/advice_from_saia/

Thursday, September 12, 2024

Upcoming National Auction Alert – Secure Your Finance Today!

Auction Type:

Webcast Auction – Participate from the comfort of your home or office!

Instruction:

This is a Bank-Instructed Auction, featuring a variety of repossessed vehicles, fleet cars, and assets from Standard Bank, BMW Financial Services, ABSA Bank, Liquidators, and other Financial Houses.

Auction Preparation:

The catalogue is currently in preparation, so keep an eye out for updates! A diverse range of stock is expected, making it an auction you won't want to miss.

Auction Date and Time:

Starts: Wednesday, 18th September 2024 at 10:00
Ends: Closing from 10:00 on Wednesday, 18th September 2024

Deposit Requirement:

A R7,000 deposit is required for bidding (new buyers are limited to 1 vehicle per deposit).

Auction Locations:

Johannesburg: 221 Main Road, Martindale
Durban: Quarry Place, Off Queen Nandi Drive, River Horse Estate
Bloemfontein: Cnr R64 & Valentia Road, Waterbron
Gqeberha (PE): ABSA Vehicle and Asset Finance Trade Centre, 142 Burman Road, Deal Party, Eastern Cape

Viewing Date:

Tuesday, 17th September 2024 from 09:00 to 16:00 at all auction locations.

About This Auction:

Get ready for one of the most anticipated National Auctions of the year! A huge selection of cars, trucks, and assets from major banks and financial institutions will be going under the hammer. Whether you're looking for your next personal vehicle or adding to your business fleet, there will be something for everyone.

Auction Finance – Secure Pre-Approved Bank Finance Today!

Don’t leave your finance to the last minute! Pre-approved finance ensures you can bid with confidence when the auction goes live. With quick approvals and competitive rates, our team is ready to assist you.

Contact Our Finance Experts:
💼 Johannesburg: Nondumiso Mzungu +27 64 673 1349
💼 Durban: Zanele Ngcongo +27 73 031 8527
💼 Bloemfontein: Celeste Steenberg +27 82 374 5078
💼 Cape Town: Mathilda Fourie +27 82 337 2210

Or apply online now at www.auctionfinance.co.za.
Auth. FSP34936

Catalogue Not Ready Yet!

The full catalogue will be available soon, so stay tuned for the complete list of vehicles and assets. In the meantime, make sure your finance is ready to go!

Join our Auction Alerts WhatsApp Group for daily updates on bank, fleet, and commercial auctions: https://chat.whatsapp.com/Cpa0FcnIQqSBf0BzXmPYD1

#AuctionFinance #ApplyNow #NationalAuction #SecureYourBid

Sunday, September 8, 2024

Unbeatable Deals Alert! 🚗💥 Grab Your Dream Car at the MFC Bank Vehicle Auction—163 Vehicles Up for Grabs!

Looking for unbeatable deals on quality used vehicles? This week’s MFC Bank Vehicle Auction is one you won’t want to miss! With a whopping 163 vehicles up for auction, there’s something for every type of buyer. Whether you're after a compact, an SUV, or a bakkie, now’s your chance to drive home a bargain.

Don’t miss out—secure your pre-approval today with Auction Finance and #bidwithCONFIDENCE!

2021 Toyota Urban Cruiser 1.5 XS Station Wagon in white

Event Details

MFC Bank Vehicle Auction

Date: September 11, 2024
Time: 11:00 AM
Location: M57 Pretoria Rd, Glen Marais, Kempton Park
Viewing Day: September 10, 08:00 - 16:00
Lots on Auction: 163 Vehicles
Catalogue: Browse Vehicles
Website: mfcauctions.co.za

Why Attend the MFC Bank Vehicle Auction?

Dekra Inspections
Every vehicle at this auction has undergone a Dekra inspection, so you can bid with confidence, knowing the condition of each car is transparent and documented.

Huge Variety
From late model vehicles with low mileage to budget-friendly options, there’s something for every buyer.

Save Big
Vehicles selling on average at trade-related prices, meaning you’ll avoid the typical dealer mark-ups and walk away with huge savings.

Finance Made Easy with Auction Finance

We know buying a car at auction can be a big decision—that’s where Auction Finance comes in! We make the process simple and stress-free:

Quick and Easy Applications: Get pre-approved before auction day and show up ready to bid. Apply online today at www.auctionfinance.co.za.
Competitive Rates: Tailored financing options to suit your needs.
Personalised Support: Our expert consultant, Carin Visser, is available for any questions you might have. Call Carin at 082 654 7232.
On-Site Finance: If you prefer face-to-face support, Carin will be on-site at the viewing day (September 10).

Vehicles on Auction

Click here to view the full auction list/catalogue: Click here

Stay Updated with Auction Alerts

Want to keep up with all the latest auction news? Join our WhatsApp Auction Alert group! You’ll receive daily updates on bank, fleet, and commercial vehicle auctions across South Africa, including from MFC, WesBank, ABSA, Standard Bank and more. Join now to stay in the loop!

Live Insights with @Sthe0051

Get real-time insights and expert guidance from @Sthe0051 on TikTok! We’ll be live on Tuesday at the viewing and again Wednesday during the auction. Tune in for tips on how to navigate the auction process like a pro.

Don’t miss out on these unbeatable deals and the chance to drive home a quality vehicle at a fraction of the cost. Secure your pre-approval today with Auction Finance and #bidwithCONFIDENCE!

We look forward to seeing you there!

Saturday, September 7, 2024

Massive Auction Alert: Over 200 ABSA Vehicles Up for Grabs in Durban!

Get ready, KwaZulu-Natal! The highly anticipated ABSA Bank Genuine Repossessed Online and Webcast Auto & Commercial Vehicle Auction is just around the corner. Whether you’re hunting for your next car or exploring commercial vehicle options, this auction is your golden opportunity. Here’s everything you need to know to make the most of it!

2024 Volkswagen Golf 8 GTI 2.0 TSI DSG in white with 10,994 km on the odometer

🚗 About This Auction:

Auction Type: Webcast
Starts: Wednesday, 11th September 2024 at 10:00 AM
Ending: Closing from 10:00 AM on Wednesday, 11th September 2024
Location: Park Village Auctions Bank Asset Disposal Centre, Quarry Place, Off Queen Nandi Drive, River Horse Estate, Durban
Viewing: Monday 9th and Tuesday 10th September 2024, from 09:00 AM - 03:00 PM
Contact for Viewing: 031 512 5005

This is a Webcast Auction only, meaning there will be no live on-site bidding. Bidding will go live online starting Tuesday, 10th September 2024, and will conclude in lot number order via Webcast on Wednesday, 11th September 2024 at 10:00 AM sharp. Please note, registration for bidding closes at 9:00 AM on Wednesday, 11th September 2024.

Finance Available:

Looking to bid with confidence? Auction Finance has you covered!

Available at Viewing: Our expert finance consultants will be on hand to assist during the viewing days.
Pre-Approval Online: Don’t wait! Apply for your pre-approval now at www.auctionfinance.co.za to secure your financing.
Finance Consultant: For personalised assistance, contact Zanele Ngcongo at +27 730 318 527 or visit www.auctionfinance.co.za.
Auth. FSP34936

📲 Stay Updated with Auction Alerts!

Never miss out on a great deal again! Join our Auction Alerts service on WhatsApp for daily updates on Bank, Fleet & Commercial Auctions. Get the latest news and auction details straight to your phone: Join Auction Alerts

📖 Explore the Catalogue:

With a staggering 236 vehicles up for grabs, there’s something for everyone! Dive into the full auction catalogue to explore the selection and get ready to bid. Check out the catalogue here: View Online Catalogue

List of cars on this auction:

2014 AUDI Q7 3.0 TDI V6 QUATTRO TIP (ODO: NIL)

2016 AUDI A3 1.4T FSI SE (ODO: 209937)

2018 AUDI A4 1.4T FSI STRONIC B9 35 TFSI (ODO: 123921)

2021 AUDI S3 QUATTRO STRONIC (ODO: 43151)

2010 BMW 116I E87 (ODO: 250047)

2013 BMW X5 XDRIVE30D AT (ODO: 136154)

2017 BMW 320I M SPORT AT F30 (ODO: 123681)

2018 BMW 318I M SPORT AT F30 (ODO: 161317)

2019 BMW 330I M SPORT LAUNCH EDITION AT G20 (ODO: 150012)

2013 CHEVROLET UTILITY 1.4 CLUB PU SC (ODO: NIL)

2015 CHEVROLET CRUZE 1.6 LS (ODO: NIL)

2015 CHEVROLET UTILITY 1.4 CLUB PU SC (ODO: 159508)

2018 DATSUN GO 1.2 LUX AB (ODO: 252710)

2020 DATSUN GO 1.2 MID 7 SEATER (ODO: 265832)

2017 FORD FIESTA 1.0 ECOBOOST TREND 5DR (ODO: NIL)

2017 FORD FOCUS 2.0 ECOBOOST ST1 (ODO: 173074)

2017 FORD FOCUS 2.0 ECOBOOST ST1 (ODO: 191176)

2017 FORD RANGER 3.2TDCI WILDTRAK PU DC (ODO: 204726)

2018 FORD EVEREST 3.2 TDCI LTD 4X4 AT (ODO: 224644)

2018 FORD FIGO 1.5 TREND (ODO: 103108)

2018 FORD FIGO 1.5TI VCT TREND (ODO: 201388)

2018 FORD RANGER 3.2TDCI WILDTRAK AT PU DC (ODO: 119141)

2018 FORD RANGER 3.2TDCI XLT 4X4 AT PU DC (ODO: 567410)

2019 FORD ECOSPORT 1.5TIVCT AMBIENTE (ODO: 83681)

2019 FORD FIGO 1.5TI VCT AMBIENTE 5DR (ODO: 127506)

2019 FORD FIGO 1.5TI VCT AMBIENTE 5DR (ODO: 19937)

2019 FORD FIGO 1.5TI VCT TREND 5DR (ODO: 86725)

2019 FORD RANGER 2.2TDCI XL AT PU DC (ODO: 101053)

2019 FORD RANGER 3.2TDCI WILDTRAK AT PU DC (ODO: 177850)

2020 FORD ECOSPORT 1.5TDCI AMBIENTE (ODO: 57885)

2020 FORD EVEREST 3.2 TDCI XLT 4X4 AT (ODO: 160653)

2020 FORD FIGO 1.5TI VCT AMBIENTE (ODO: 250497)

2020 FORD FIGO 1.5TI VCT AMBIENTE 5DR (ODO: 109584)

2020 FORD FIGO 1.5TI VCT AMBIENTE 5DR (ODO: 83859)

2020 FORD FIGO 1.5TI VCT AMBIENTE 5DR (ODO: 91085)

2020 FORD FIGO 1.5TI VCT AMBIENTE 5DR (ODO: NIL)

2020 FORD RANGER 2.0D BI-TURBO WILDTRAK AT PU DC (ODO: 61258)

2020 FORD RANGER 2.2TDCI PU DC (ODO: 102439)

2021 FORD ECOSPORT 1.0 ECOBOOST TREND AT (ODO: 72277)

2021 FORD FIGO 1.5TI VCT AMBIENTE (ODO: 110906)

2021 FORD FIGO 1.5TI VCT AMBIENTE (ODO: 118260)

2021 FORD FIGO 1.5TI VCT AMBIENTE (ODO: NIL)

2021 FORD FIGO 1.5TI VCT AMBIENTE 5DR (ODO: 67161)

2021 FORD FIGO 1.5TI VCT AMBIENTE 5DR (ODO: 76123)

2021 FORD FIGO 1.5TI VCT TITANIUM 5DR (ODO: 97615)

2021 FORD MUSTANG 5.0 GT AT (ODO: 6054)

2021 FORD RANGER 2.0D BI-TURBO THUNDER AT PU DC (ODO: 101691)

2021 FORD RANGER 2.0D XLT 4X4 AT PU DC (ODO: 188216)

2021 FORD RANGER 2.2TDCI LR PU SC (ODO: 86999)

2021 FORD RANGER 2.2TDCI XL 4X4 PU DC (ODO: 204902)

2022 FORD ECOSPORT 1.0 ECOBOOST TREND (ODO: 79636)

2022 FORD ECOSPORT 1.5TIVCT AMBIENTE (ODO: 22342)

2022 FORD ECOSPORT 1.5TIVCT AMBIENTE (ODO: 29901)

2022 FORD ECOSPORT 1.5TIVCT AMBIENTE (ODO: 54257)

2022 FORD RANGER FX4 2.0D 4X4 AT PU DC (ODO: 103270)

2023 FORD ECOSPORT 1.0 ECOBOOST TREND (ODO: 21192)

2023 FORD ECOSPORT 1.0 ECOBOOST TREND (ODO: 52372)

2023 FORD ECOSPORT 1.0 ECOBOOST TREND (ODO: NIL)

2023 FORD RANGER 2.0D 4X4 DC PU (ODO: NIL)

2023 FORD RANGER 2.0D DC PU (ODO: 22248)

2023 FORD RANGER 2.0D XL DC PU (ODO: 11207)

2023 HYUNDAI H100 2.6D FC DS (ODO: 48328)

2020 HYUNDAI CRETA 1.6 EXECUTIVE (ODO: 104310)

2019 HYUNDAI GRAND I10 1.0 MOTION (ODO: 206926)

2020 HYUNDAI TUCSON 2.0 ELITE AT (ODO: 160027)

2022 HYUNDAI GRAND I10 1.0 MOTION (ODO: 14191)

2020 HYUNDAI I20 1.2 MOTION (ODO: 133636)

2020 HYUNDAI VENUE 1.0 TGDI MOTION DCT (ODO: 47564)

2021 HYUNDAI I20 1.2 MOTION (ODO: 38438)

2022 HYUNDAI I20 1.2 MOTION (ODO: 6138)

2019 ISUZU KB 250 D-TEQ HO FLEETSIDE SAFETY PU SC (ODO: 147544)

2022 ISUZU D-MAX 250C SC PU (ODO: 79346)

2022 KIA PEGAS 1.4 EX (ODO: 43257)

2019 KIA PICANTO 1.0 START AT (ODO: 107055)

2019 KIA PICANTO 1.2 SMART (ODO: 80655)

2022 KIA PICANTO 1.0 STREET (ODO: NIL)

2023 KIA RIO 1.2 LS 5DR (ODO: 23440)

2022 KIA RIO 1.4 TEC 5DR (ODO: 127844)

2018 MAZDA CX-3 2.0 INDIVIDUAL AT (ODO: 129256)

2019 MAZDA 2 1.5 ACTIVE 5DR (ODO: 65456)

2020 MAZDA CX-3 2.0 DYNAMIC AT (ODO: 83433)

2023 MAZDA CX-3 2.0 DYNAMIC AT (ODO: 24166)

2023 MAZDA CX-5 2.0 DYNAMIC AT (ODO: 19872)

2012 NISSAN LIVINA 1.6 VISIA (ODO: 174010)

2015 NISSAN QASHQAI 1.6 DCI ACENTA AWD (ODO: NIL)

2018 NISSAN NP200 1.6 AC PU SC (ODO: 107866)

2018 NISSAN NP200 1.6 PU SC (ODO: 301879)

2019 NISSAN MICRA 1.2 ACTIVE VISIA (ODO: 214128)

2019 NISSAN NP200 1.6 AC SAFETY PACK PU SC (ODO: NIL)

2022 NISSAN ALMERA 1.5 ACENTA (ODO: 105239)

2022 NISSAN NAVARA 2.5DDTI PRO-4X 4X4 AT DC PU (ODO: 20302)

2023 NISSAN NP200 1.6 AC SAFETY PACK PU SC (ODO: 61011)

2012 NISSAN LIVINA 1.6 VISIA (ODO: 174010)

2015 NISSAN QASHQAI 1.6 DCI ACENTA AWD (ODO: NIL)

2018 NISSAN NP200 1.6 AC PU SC (ODO: 107866)

2018 NISSAN NP200 1.6 PU SC (ODO: 301879)

2019 NISSAN MICRA 1.2 ACTIVE VISIA (ODO: 214128)

2019 NISSAN NP200 1.6 AC SAFETY PACK PU SC (ODO: NIL)

2022 NISSAN ALMERA 1.5 ACENTA (ODO: 105239)

2022 NISSAN NAVARA 2.5DDTI PRO-4X 4X4 AT DC PU (ODO: 20302)

2023 NISSAN NP200 1.6 AC SAFETY PACK PU SC (ODO: 61011)

2014 RENAULT CLIO IV 900 T EXPRESSION 5DR 66KW (ODO: 113268)

2016 RENAULT CLIO IV 900T BLAZE LTD EDITION 5DR 66KW (ODO: 239439)

2017 RENAULT CLIO IV 900T AUTHENTIQUE 5DR 66KW (ODO: 125066)

2017 RENAULT KWID 1.0 DYNAMIQUE 5DR (ODO: 113619)

2019 RENAULT KWID 1.0 DYNAMIQUE 5DR AT (ODO: 136171)

2019 RENAULT KWID 1.0 EXPRESSION 5DR (ODO: 128981)

2019 RENAULT SANDERO 900 T EXPRESSION (ODO: 147215)

2020 RENAULT KWID 1.0 DYNAMIQUE 5DR (ODO: 108350)

2020 RENAULT KWID 1.0 EXPRESSION LIFE 5DR (ODO: 71603)

2020 RENAULT SANDERO 900 T EXPRESSION (ODO: NIL)

2020 RENAULT SANDERO 900T STEPWAY EXPRESSION (ODO: NIL)

2022 RENAULT KIGER 1.0T ZEN (ODO: 43334)

2022 RENAULT TRIBER 1.0 DYNAMIQUE ZEN (ODO: 49880)

2022 RENAULT TRIBER 1.0 DYNAMIQUE ZEN (ODO: 74958)

2022 RENAULT TRIBER 1.0 EXPRESSION LIFE (ODO: 187473)

2016 SUZUKI SPLASH 1.2 GL (ODO: 124364)

2019 SUZUKI SWIFT 1.2 GA (ODO: 77338)

2022 SUZUKI CIAZ 1.5 GL AT (ODO: 23594)

2022 SUZUKI DZIRE 1.2 GA (ODO: 72944)

2022 SUZUKI ERTIGA 1.5 GLX (ODO: 127846)

2023 SUZUKI ERTIGA 1.5 GA (ODO: 17814)

2015 TOYOTA COROLLA 1.6 PRESTIGE CVT (ODO: 282698)

2015 TOYOTA HILUX 2.5 D-4D SRX RB PU SC (ODO: 607506)

2015 TOYOTA HILUX 3.0 D-4D LEGEND 45 RB PU DC (ODO: NIL)

2016 TOYOTA COROLLA 1.6 ESTEEM (ODO: 192550)1

2016 TOYOTA ETIOS CROSS 1.5 XS 5DR (ODO: 233787)

2017 TOYOTA COROLLA QUEST 1.6 AT (ODO: 115799)

2017 TOYOTA HILUX 2.8 GD-6 RB RAIDER PU DC (ODO: 227317)

2018 TOYOTA ETIOS 1.5 XSSPRINT (ODO: 115103)

2018 TOYOTA ETIOS 1.5 XSSPRINT (ODO: 179801)

2018 TOYOTA ETIOS 1.5 XSSPRINT (ODO: 148424)

2019 TOYOTA C-HR 1.2T PLUS CVT (ODO: 55754)

2019 TOYOTA COROLLA 1.3 PRESTIGE (ODO: 132491)

2019 TOYOTA ETIOS 1.5 XSSPRINT (ODO: 309598)

2019 TOYOTA QUANTUM HIACE 2.5 D-4D SESFIKILE 16S (ODO: 220891)

2020 TOYOTA HILUX 2.8 GD-6 RB RAIDER AT PU DC (ODO: 31934)

2020 TOYOTA QUANTUM HIACE 2.5 D-4D SESFIKILE 16S (ODO: 244906)

2021 TOYOTA HILUX 2.4 GD-6 RAIDER 4X4 PU DC (ODO: 130317)

2021 TOYOTA QUANTUM HIACE 2.5 D-4D SESFIKILE 16S (ODO: 175387)

2021 TOYOTA QUANTUM HIACE 2.5 D-4D SESFIKILE 16S (ODO: 246093)

2022 TOYOTA COROLLA QUEST PLUS 1.8 (ODO: 62820)

2022 TOYOTA RUMION 1.5 TX AT (ODO: 66600)

2022 TOYOTA COROLLA QUEST PLUS 1.8 (ODO: 62820)

2022 TOYOTA RUMION 1.5 TX AT (ODO: 66600)

2022 TOYOTA STARLET 1.4 XI (ODO: 58676)

2022 TOYOTA YARIS 1.5 XS 5DR (ODO: 64020)

2010 VOLKSWAGEN POLO VIVO 1.4 TRENDLINE 5DR (ODO: 326271)

2011 VOLKSWAGEN AMAROK 2.0TSI TRENDLINE 118KW DC PU (ODO: 489349)

2014 VOLKSWAGEN JETTA VI 1.4 TSI COMFORTLINE (ODO: 166883)

2014 VOLKSWAGEN POLO VIVO 1.4 TRENDLINE 5DR (ODO: 382208)

2015 VOLKSWAGEN POLO GP 1.2 TSI TRENDLINE 66KW (ODO: 137286)

2015 VOLKSWAGEN POLO GP 1.2 TSI TRENDLINE 66KW (ODO: 234166)

2015 VOLKSWAGEN POLO VIVO GP 1.4 CONCEPTLINE 5DR (ODO: 218959)

2016 VOLKSWAGEN GOLF VII GTI 2.0 TSI DSG (ODO: 214707)

2016 VOLKSWAGEN PASSAT 1.8 TSI HIGHLINE DSG (ODO: NIL)

2016 VOLKSWAGEN POLO GP 1.4 TDI HIGHLINE (ODO: 223026)

2016 VOLKSWAGEN POLO VIVO GP 1.4 CONCEPTLINE 5DR (ODO: 115339)

2017 VOLKSWAGEN POLO GP 1.2 TSI COMFORTLINE 66KW (ODO: 112174)

2017 VOLKSWAGEN POLO GP 1.2 TSI HIGHLINE 81KW (ODO: 264435)

2017 VOLKSWAGEN POLO GP 1.2 TSI HIGHLINE DSG 81KW (ODO: 164492)

2017 VOLKSWAGEN POLO VIVO GP 1.4 CONCEPTLINE (ODO: NIL)

2017 VOLKSWAGEN POLO VIVO GP 1.4 CONCEPTLINE 5DR (ODO: 27715)

2017 VOLKSWAGEN POLO VIVO GP 1.4 CONCEPTLINE 5DR (ODO: 81891)

2017 VOLKSWAGEN POLO VIVO GP 1.4 TRENDLINE 5DR (ODO: 94741)

2018 VOLKSWAGEN JETTA GP 1.6 TDI COMFORTLINE DSG (ODO: 159710)

2018 VOLKSWAGEN POLO 1.0 TSI COMFORTLINE (ODO: 101968)

2018 VOLKSWAGEN POLO 1.0 TSI COMFORTLINE (ODO: NIL)

2018 VOLKSWAGEN POLO GP 1.6 COMFORTLINE TIP (ODO: 171772)

2018 VOLKSWAGEN POLO VIVO 1.4 TRENDLINE 5DR (ODO: 105691)

2018 VOLKSWAGEN POLO VIVO 1.4 TRENDLINE 5DR (ODO: 155502)

2019 VOLKSWAGEN POLO 1.0 TSI COMFORTLINE DSG (ODO: 97313)

2019 VOLKSWAGEN POLO GP 1.4 TRENDLINE (ODO: 172677)

2019 VOLKSWAGEN TIGUAN ALLSPACE 1.4 TSI TLINE DSG 110KW (ODO: 232031)

2020 VOLKSWAGEN POLO 1.0 TSI TRENDLINE (ODO: 211391)

2020 VOLKSWAGEN POLO VIVO 1.4 TRENDLINE 5DR (ODO: 82026)

2021 VOLKSWAGEN POLO 1.0 TSI COMFORTLINE (ODO: 104244)

2021 VOLKSWAGEN POLO 1.0 TSI HIGHLINE DSG 85KW (ODO: 78880)

2021 VOLKSWAGEN POLO GP 1.4 TRENDLINE (ODO: 101732)

2021 VOLKSWAGEN TIGUAN ALLSPACE 1.4 TSI CLINE DSG 110KW (ODO: 56149)

2022 VOLKSWAGEN POLO 1.0 TSI LIFE (ODO: 34598)

2022 VOLKSWAGEN POLO 1.0 TSI LIFE (ODO: 36578)

2022 VOLKSWAGEN POLO VIVO 1.4 COMFORTLINE 5DR (ODO: 198175)

2022 VOLKSWAGEN POLO VIVO 1.4 TRENDLINE 5DR (ODO: 39855)

2024 VOLKSWAGEN GOLF 8 GTI 2.0 TSI DSG (ODO: 10994)

Mark your calendar and get ready to bid on some fantastic vehicles. Whether you're local to Durban or from anywhere across South Africa, this is your chance to drive away with a great deal!

Happy bidding!

Auction Finance - Your Partner in Auction Success!

Monday, September 2, 2024

From Supercars to Super Savvy: Why MFC Auction is the Real Playground for Collectors

If you’ve been following the latest trends among the ultra-rich, you’ve probably heard about the new breed of supercars calling out to collectors. These cars are as rare as a humble politician, and they come with price tags that would make even Elon Musk do a double-take. According to a recent article on TopAuto, these vehicles are not just about speed or luxury anymore; they’re about exclusivity, innovation, and—let’s be honest—bragging rights. Because what’s the point of having a car that can go from 0 to 100 km/h in 2.5 seconds if you can’t casually mention it at your next dinner party?

Lamborghini Diablo Restomod with Gated Manual and V-12, featuring an excited Nordic man with kinky hair dressed in conservationist attire, close-up of his eyes against a pastel peach background.

But here in South Africa, we like to do things a little differently. While the ultra-rich are busy collecting their latest four-wheeled Fabergé eggs, the rest of us discerning shoppers are flocking to the MFC Auction, where we can bid on real cars—economical, reliable, and a lot less likely to make our insurance brokers faint.

Take Bridget, for example. Last week, she was at the MFC Auction, eyes gleaming as she placed her bid on a 2021 Kia Picanto 1.0 Street. Now, while it may not be a V12 Diablo, this little gem of a car will still get her from point A to point B with enough fuel efficiency to keep her bank account smiling. And unlike those ultra-rich collectors who are now considering how to afford that extra garage space, Bridget still has money left over to take a well-deserved vacation.

But Bridget isn’t alone. The MFC Auction is attracting a new wave of savvy buyers who understand that you don’t need to spend millions to get a great deal. With over 170 vehicles going under the hammer, there’s something for everyone—from first-time buyers to those looking to upgrade without breaking the bank. Whether you’re after a reliable hatchback, a family-friendly SUV, or even something with a bit more grunt under the hood, you’re likely to find it here.

And let’s not forget the savings! While those collecting ultra-exclusive cars are paying a premium for their rarity, MFC Auction shoppers are picking up vehicles at around 80% of their trade book value. That’s right—no need to be a millionaire to walk away with a fantastic deal.

Plus, for those who want to experience the thrill of the auction from the comfort of their own home, TikTok influencer @Sthe0051 will be covering the event live this week. Not only will you get an inside look at how the auction is conducted, but you’ll also get the chance to ask questions in real-time and see exactly what kind of deals are up for grabs.

So, while the ultra-rich are busy pondering which gold-plated, diamond-encrusted supercar to add to their collection, the rest of us can take pride in knowing that we’re making smarter, more economical choices. After all, who needs a car that costs as much as a small country when you can drive away in something that’s practical, affordable, and still leaves you with enough cash for a celebratory dinner?

Interested? The next MFC Auction is just around the corner. Mark your calendar for September 4th, and don’t forget to check out the full catalogue here. Bridget will be there, smiling behind the wheel of her new Kia Picanto—and who knows, you might just find your own perfect match.

📅 Event Details

Date: September 4, 2024
Time: 11:00 AM
Location: M57 Pretoria Rd, Glen Marais, Kempton Park
Viewing Day: September 3, 08:00 - 16:00
Lots on Auction: 175 Vehicles
Catalogue: MFC Auction Catalogue
Website: mfcauctions.co.za

💸 Finance Made Easy with Auction Finance

At Auction Finance, we understand that purchasing a vehicle is a significant investment. That’s why we’re here to help you every step of the way. Here’s what we offer:

Quick and Easy Application: Get pre-approved for financing and walk into the auction with confidence. Apply online at www.auctionfinance.co.za.
Competitive Rates: Our financing options are tailored to meet your unique needs.
Personalised Support: Our dedicated staff, including Carin Visser, is ready to assist you. Contact Carin at 082 654 7232 for personalized support. (Auth. FSP34936)
On-Site Finance Available: Join us at the viewing on September 3 and ask for Carin for on-site assistance.

🔔 Stay Updated with Auction Alerts

Don’t miss out on future auctions! Join our WhatsApp Auction Alert group to receive daily updates on all bank, fleet, and commercial vehicle auctions across South Africa. We’re present at ABSA, Standard Bank, MFC, and WesBank Auctions. Join now!

Get ready to experience the thrill of the auction, and don't forget to tune in live with @Sthe0051 on TikTok for expert guidance and real-time insights. We can’t wait to see you there!

Also, check out this awesome article from our favourite: TopAuto. It’s all about the new breed of cars calling out to ultra-rich collectors.

Get Ready for the MFC Bank Vehicle Auction: Your Chance to Save Big on Quality Cars!

If you're in the market for a car, this is your opportunity to secure an amazing deal. Join Auction Finance at this week's MFC Bank Vehicle Auction happening on September 4, 2024, at 11:00 AM.

But there's something even more exciting in store! Our influencer, @Sthe0051, will be covering the auction live on TikTok. Don’t miss out on his insights and live commentary that will guide you through the auction process, highlight the types of vehicles up for grabs, and answer your burning questions in real-time. Make sure to follow and like @Sthe0051 on TikTok to get notified the moment he goes live: Watch @Sthe0051 Live on TikTok.

2023 Mercedes-Benz GLE 400D 4MATIC Station Wagon with 44,950 km

Why You Should Attend the MFC Bank Vehicle Auction

Buying at an auction isn’t just about the thrill of the bid—it's about getting the most value for your money. Market trends show that vehicles at auction currently fetch around 80% of their trade book value, making auctions a fantastic way to save on one of your most significant investments. Even when bidding goes slightly above trade value, you're still likely to save compared to dealer prices, especially when you factor in the lack of dealer markup.

Here are a few factors that influence auction prices:

Mileage: Lower mileage cars generally attract higher bids.
Vehicle Condition: Well-maintained vehicles command more attention.
Demand: Popular models see more competition, but this can still result in a deal when compared to retail prices.

The auction catalogue even provides trade value guidelines, helping you make an informed decision. Don’t miss out on this chance to either save on your next car or upgrade to a better class of vehicle with your existing budget.

The Value of Buying at Auction

An article by IOL highlighted that the average price of a used vehicle in South Africa is on the rise, driven by trends in new car sales and the overall market. With this in mind, buying at auction becomes an even more attractive option. Why pay more at a dealership when you can secure a vehicle for less, often between trade and retail value? The auction is your chance to sidestep dealer markups and make a savvy purchase.

For a deeper understanding of the current vehicle market in South Africa, check out the full article here: IOL Article on Used Vehicle Prices.

Event Details

Date: September 4, 2024
Time: 11:00 AM
Location: M57 Pretoria Rd, Glen Marais, Kempton Park
Viewing Day: September 3, 08:00 - 16:00
Lots on Auction: 175 Vehicles
Catalogue: MFC Auction Catalogue
Website: mfcauctions.co.za

Finance Made Easy with Auction Finance

At Auction Finance, we understand that purchasing a vehicle is a significant investment. That’s why we’re here to help you every step of the way. Here’s what we offer:

Quick and Easy Application: Get pre-approved for financing and walk into the auction with confidence. Apply online at www.auctionfinance.co.za.
Competitive Rates: Our financing options are tailored to meet your unique needs.
Personalised Support: Our dedicated staff, including Carin Visser, is ready to assist you. Contact Carin at 082 654 7232 for personalized support. (Auth. FSP34936)
On-Site Finance Available: Join us at the viewing on September 3 and ask for Carin for on-site assistance.

Stay Updated with Auction Alerts

Get ready to experience the thrill of the auction, and don't forget to tune in live with @Sthe0051 on TikTok for expert guidance and real-time insights. We can’t wait to see you there!