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!
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