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.
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
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: WhatsApp Auction Alert.
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!
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