With the current economic climate of high interest rates and inflation, investing in pre-owned commercial vehicles has never been more appealing. Park Village Auctions (PVA) has announced a must-attend commercial vehicle auction on 15 October, offering an impressive lineup of late-model vehicles and equipment. As businesses seek smarter ways to optimise costs and acquire necessary assets, this auction presents an excellent opportunity to secure quality vehicles at competitive rates.
PVA Director Clive Lazarus highlights the growing challenge in the new commercial vehicle sales market. According to NAAMSA’s September 2024 data, the industry is facing significant hurdles: while Medium Commercial Vehicles (MCVs) show a modest growth of 0.5%, Light Commercial Vehicles (LCVs) and Heavy Commercial Vehicles (HCVs) have dropped 17% and 18%, respectively. This downward trend in new vehicle sales, coupled with rising operating costs, has led businesses to seek out pre-owned assets.
"This auction comes at a crucial time," Lazarus states. "With new vehicle sales down and costs rising, acquiring pre-owned vehicles from reputable auctions like this one is a smart financial move."
Standout Lots at the Auction Include:
- A 500 kVA mini substation
- A 2023 500 kVA Prime generator
- A 2023 CIMC 20m3 side tipper link trailer
- A 2022 Mercedes Benz Actros 2645 truck tractor
- Multiple 2021 models, including a UD GWE 440 Quester and a specialized 2021 UD Quester CGE 370 twin-steer truck equipped with a Thor 5000 drill rig
- Additional highlighted lots such as Scania G460, MAN TGX 26-540, Freightliner Argosy truck tractors, and a Kia K2700 drop side rigid truck.
The auction also features Henred Fruehauf and AFRIT tautliner link trailers, along with an Iveco AFRIWAY 18.28 m bus. Many of these assets, sourced from bank repossessions, come with remaining service plans and warranties, offering buyers added peace of mind and long-term value.
Why This Auction Matters
According to Lazarus, this sale offers more than just vehicles—it’s an opportunity for businesses to make strategic investments. "Acquiring assets at favorable rates can make the difference between thriving and merely surviving in today’s economy," he explains.
Auction Details:
- Date: 15 October, 11 am
- Locations:
- Nasrec Showgrounds, 1 Nasrec Road, Gate 2, Johannesburg
- Quarry Place, Off Queen Nandi Drive, River Horse Estate, Durban
- c/o R64 & Valencia Road, Waterbron, Bloemfontein
- 142 Burman Road, Deal Party, Gqeberha (PE)
- Viewing: 14 October from 9 am to 4 pm at all locations.
For more information and to register, visit Park Village Auctions, reference number 1649.
Get Pre-Approved Finance for the Auction
Interested in bidding but need finance? We’ve got you covered! Auction Finance offers quick and easy financing solutions for auction purchases. Secure your pre-approval before the auction and bid with confidence.
Contact Nondumiso Mzungu today for assistance:
- 📞 Cell: (064) 673 1349
- 📧 Email: nondu@auctionfinance.co.za
- 💻 Apply online: www.auctionfinance.co.za
- FSP34936
Don't miss this chance to make a smart investment—get your financing sorted now and be ready to bid on 15 October!
No comments:
Post a Comment