Friday, February 28, 2025

Fast, Flexible, and Hassle-Free: Get a Personal Loan Up to R300,000 Today!

Are you looking for a quick, hassle-free way to fund your next big purchase or cover unexpected expenses? Whether it’s a vehicle from an auction, home renovations, car repairs, or even that piece of machinery or furniture you’ve been eyeing, Auction Finance has you covered with our Personal Loans Solutions!

With a loan of up to R300,000, instant qualification, and no hidden costs, achieving your goals has never been easier. Let us help you turn your plans into reality—quickly and stress-free!

happy woman driving


Why Choose Auction Finance for Your Personal Loan?

At Auction Finance, we understand that life is full of surprises, and sometimes you need a little financial boost to keep moving forward. That’s why we offer Personal Loans—one of our trusted lending solutions designed to be as flexible and convenient as possible. Here’s why you should choose us:

1. Convenient Repayment Terms

Choose a repayment term that suits your budget, anywhere between 2 and 6 years. We work with you to ensure your loan fits your lifestyle.

2. Customer Protection Plan

Life can be unpredictable, but your financial security doesn’t have to be. Our Customer Protection Plan ensures you and your family are covered in the event of unforeseen circumstances that may affect your ability to repay your loan.

3. Fixed Repayments

Say goodbye to fluctuating payments! With a guaranteed fixed interest rate, your monthly repayment amount will never change, making budgeting simple and stress-free.

What Can You Use Your Loan For?

Our Personal Loans Solutions are perfect for a wide range of needs, including:

  • Purchasing vehicles, machinery, tools, or furniture from our extensive network of auctioneers.

  • Covering unexpected expenses like car repairs or medical bills.

  • Funding home renovations or upgrades.

  • Consolidating debt or financing a dream vacation.

No matter what you need the funds for, we’ve got you covered!

How to Apply – It’s Quick and Easy!

Applying for a Personal Loan is simple. Here’s what you’ll need:

  1. A minimum monthly income of R5,000.

  2. Your most recent 3 months’ bank-generated PDF statements or a payslip as proof of income.

  3. A clear copy of your Identity Document.

  4. Proof of address not older than 3 months.

Once you’ve gathered these documents, you’re ready to get started!

Ready to Take the Next Step?

Don’t let financial constraints hold you back. With Auction Finance’s Personal Loans Solutions, you can access the funds you need quickly and easily.

📞 Contact Mathilda Fourie today to get started!
📞 +27 82 337 2210
✉️ mathilda@auctionfinance.co.za
Auth. FSP34936

Our team is here to guide you through the application process and answer any questions you may have. With instant qualification, no hidden costs, and fixed repayments, there’s no better time to apply!

APPLY NOW and take the first step toward achieving your goals.

Credit is subject to qualifying criteria. Interest rates for CashPower Personal Loans range between 18.50% and 28.50% per annum (compounded monthly) and are current as of February 2025. Your rate will be determined based on your personal circumstances and financial profile. All loans include an initiation fee and a monthly service fee.*

Let Auction Finance empower your dreams today!

Thursday, February 27, 2025

Gear Up for the ABSA Webcast Vehicle Auction – Your Chance to Drive Away with a Quality Ride!

Looking for a reliable, affordable used vehicle? ABSA Bank’s upcoming Webcast Auction is your golden opportunity to own a quality car or bakkie at a fraction of the price! With over 200 genuine repossessed vehicles up for grabs, this auction is perfect for  South Africans in need of a dependable ride. But here’s the best part: Auction Finance can help you secure pre-approved vehicle finance, so you can bid with confidence and drive away in your dream car. Don’t miss out – let’s dive into everything you need to know to make this auction work for you!

ABSA BANK VEHICLE AUCTION



1. Auction Details at a Glance

  • Auction Type: Webcast (online only – no live on-site bidding)
  • Bank Instruction: ABSA Bank Genuine Repossessed Vehicles
  • Starts: Tuesday, 04 March 2025 at 10:00
  • Ends: Closing from 10:00 on Tuesday, 04 March 2025
  • Deposit Required: R7,000 (to secure your bid)
  • Location: ABSA Trade Centre, 8 Top Road, Anderbolt

2. What’s on Offer?

This auction features over 200 vehicles, including cars and light commercial vehicles (bakkies). All vehicles are repossessed by ABSA Bank, ensuring genuine quality and transparency. Whether you need a family car or a workhorse bakkie, there’s something for everyone.


3. How to Prepare: Viewing and Registration

  • Viewing Days:

    • Friday, 28 February 2025 (09:00 - 15:00)
    • Monday, 03 March 2025 (09:00 - 15:00)
    • Location: ABSA Trade Centre, 8 Top Road, Anderbolt
  • Registration:

    • Registration closes at 9:00 on Tuesday, 04 March 2025.
    • Don’t wait until the last minute – register early to avoid missing out!

4. Bidding Made Easy: Webcast Auction

  • Live Online Bidding: Starts Monday, 03 March 2025.
  • Webcast Auction: Bidding will close in lot number order on Tuesday, 04 March 2025 at 10:00 sharp.
  • No On-Site Bidding: This is a webcast-only auction, so you can bid from the comfort of your home or office.

5. Why Auction Finance is Your Best Friend

Bidding at an auction can feel overwhelming, but with Auction Finance, you can bid with confidence. They offer pre-approved finance tailored to your needs, so you know exactly how much you can spend.

Contact Lizette Muller:


6. Important Terms and Conditions

Before you bid, make sure you’re familiar with the auction terms:


7. Tips for First-Time Bidders

  • Do Your Homework: Check out the catalogues and attend the viewing days to inspect the vehicles.
  • Set a Budget: With pre-approved finance, you’ll know your limit – stick to it!
  • Be Ready to Act: Bidding moves fast, so stay focused and bid confidently.

Conclusion: Don’t Miss This Opportunity!

This ABSA Bank Repossessed Vehicle Auction is a rare chance to own a quality used car or bakkie at an unbeatable price. With Auction Finance by your side, you can secure pre-approved finance and bid with peace of mind. Mark your calendar, register early, and get ready to drive away in your dream vehicle.

Remember: Registration closes at 9:00 on Tuesday, 04 March 2025. Don’t wait – your next ride is just a bid away!

For more information or to secure your pre-approved finance, contact Lizette Muller at (072) 105-8379 or lizette@auctionfinance.co.za.

Get ready for an exciting selection of vehicles at the upcoming auction, featuring incredible models like: 

2023 TOYOTA LANDCRUISER 300 V6 3.5T GR-S (ODO : 96453)

2022 VOLKSWAGEN POLO 2.0 GTI DSG 147KW (ODO : 25884)

2021 MERCEDES -BENZ GLE 300D 4MATIC (ODO : 82746)

2022 TOYOTA FORTUNER 2.4GD-6 4X4 AT (ODO : 49103)

2022 HYUNDAI VENUE 1.0 TGDI FLUID (ODO : 54236)

2024 SUZUKI ERTIGA 1.5 GA (ODO : 4149)

2024 SUZUKI ERTIGA 1.5 GA (ODO : 19632)

2023 VOLKSWAGEN POLO VIVO 1.4 COMFORTLINE 5DR (ODO : 38403)

2024 SUZUKI DZIRE 1.2 GA (ODO : 33799)

2019 KIA RIO 1.2 5DR (ODO : 52217)

2024 HONDA WR-V 1.2 ELEGANCE (ODO : 240)

2021 AUDI Q2 35 TFSI TIP (ODO : 99049)

2016 BMW I8 (ODO : 50791)

2022 VOLKSWAGEN POLO 1.0 TSI LIFE (ODO : 46765)

2023 SUZUKI VITARA BREZZA 1.5 GLX (ODO : 22012)

2022 HYUNDAI VENUE 1.2 MOTION (ODO : 38927)

2024 VOLKSWAGEN POLO VIVO 1.4 TRENDLINE 5DR (ODO : 12705)

2022 NISSAN NP200 1.6 PU SC (ODO : 38153)

2017 BMW M4 COUPE M-DCT COMPETITION (ODO : 97535)

2023 VOLKSWAGEN T-CROSS 1.0 TSI COMFORTLINE (ODO : 54678)

2023 FORD RANGER 2.2TDCI XL AT PU SC (ODO : 54379)

2023 CHERY TIGGO 8 PRO 1.6 TDGI EXECUTIVE DCT (ODO : 30502)

2024 NISSAN NAVARA 2.5DDTI PRO-2X AT DC PU (ODO : 20907)

2023 VOLKSWAGEN POLO VIVO 1.0 TSI GT 5DR (ODO : 44709)

2022 FORD RANGER 2.0D BI-TURBO WILDTRAK 4X4 AT PU DC (ODO : 35904)

2023 NISSAN NAVARA 2.5DDTI LELE PLUS 4X4 AT DC PU (ODO : 19441)

2018 MASERATI LEVANTE S GRANLUSSO (ODO : 48399)

Expanding Horizons: Auction Finance Welcomes MAS Auctions to Our Panel

We’re thrilled to announce that MAS Auctions has officially joined our panel of approved auctioneers! As part of our commitment to providing top-tier auction experiences and seamless financing solutions, we carefully select partners who share our values of quality, transparency, and customer satisfaction—and MAS Auctions is the perfect fit!

mas auctions



Who is MAS Auctions?

MAS Auctions is a dynamic and trusted auction house based in South Africa, specialising in a wide range of auction services, including vehicle auctions, machinery, agricultural equipment, and industrial assets. Their dedication to professionalism and integrity has made them a go-to destination for both buyers and sellers.

Here’s what makes MAS Auctions stand out:

1️⃣ A Legacy of Trust and Expertise

MAS Auctions has built a solid reputation over the years for delivering seamless and transparent auction experiences. Their team of experts ensures that every auction is conducted with the highest level of professionalism, making them a trusted name in the industry.

2️⃣ Diverse Auction Offerings

Looking for vehicles, machinery, or valuable assets? MAS Auctions offers a diverse inventory that caters to individual buyers, businesses, and industry professionals, ensuring that there’s always something exciting up for grabs.

3️⃣ Transparent & Efficient Processes

Transparency is at the core of MAS Auctions’ operations. Their detailed catalogues, clear terms and conditions, and user-friendly bidding system make it easy for buyers to participate with confidence.

4️⃣ Customer-First Approach

From pre-auction viewings to post-sale support, MAS Auctions goes the extra mile to ensure that buyers and sellers have a smooth, hassle-free experience. Their customer service is second to none, reinforcing their reputation as an auction house that truly cares.

5️⃣ Cutting-Edge Online Auction Platform

In today’s fast-paced world, convenience is key. MAS Auctions offers an innovative online bidding platform, allowing buyers to participate from anywhere, at any time. This aligns perfectly with our mission to make auctions more accessible and hassle-free for everyone.


Why This Partnership Matters

By welcoming MAS Auctions to our approved auctioneer panel, we’re expanding your opportunities to find incredible deals on quality vehicles and assets. With Auction Finance’s pre-approved financing solutions and MAS Auctions’ exceptional auction services, you can bid with confidence and drive away with ease.


What’s Next?

Stay tuned for upcoming auctions featuring MAS Auctions! We’ll be sharing event details, exclusive previews, and insider tips, so you can make the most of this exciting new partnership.

📢 Don’t Miss Out! Join our WhatsApp group for real-time updates on upcoming auctions and exclusive financing opportunities! 👉 Join Here

For more information about MAS Auctions, visit www.masauctions.co.za.


Need Finance? We’ve Got You Covered!

Secure pre-approved bank finance for your next auction purchase. Contact Lee-Anne Vermeulen at +27 83 277 0178 or visit www.auctionfinance.co.za | Auth. FSP34936

At Auction Finance, we’re proud to partner with industry leaders like MAS Auctions to bring you unbeatable value and seamless financing solutions. Together, we’re making it easier than ever to own the vehicle or asset you’ve been dreaming of

📌 Stay tuned for more updates, and get ready for an exciting lineup of MAS Auctions events!

Wednesday, February 26, 2025

Get Ready for the National Vehicle Auction – Secure a Great Deal with Auction Finance!

If you’re in the market for a quality used vehicle and want to secure unbeatable value, mark your calendars for the upcoming National Vehicle Auction in partnership with Park Village Auctioneers. This is your chance to own a car that fits your budget and lifestyle, with the added benefit of seamless auction finance options to make your purchase even more accessible.

Park Village Auctions next auction


While the full catalogue is still in preparation, the excitement is already building, and we don’t want you to miss out on this incredible opportunity. Whether you’re a first-time buyer, upgrading your current ride, or looking for a reliable vehicle for your business, this auction promises something for everyone.

Auction Details at a Glance

📢 Auction Type: Webcast (Online Only)
📅 Starts: Wednesday, 5 March 2025 at 10:00
Ends: Closing from 10:00 on Wednesday, 5 March 2025
💰 Registration Deposit: R7,000
🔎 Viewing: Tuesday, 4 March 2025 from 09:00 - 16:00
📍 Locations for Viewing:

  • 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

Why This Auction is a Game-Changer

This auction isn’t just another sale—it’s a curated event featuring a wide variety of vehicles from top financial institutions, including Standard Bank, BMW Financial Services, ABSA Bank, and Liquidators. Whether you’re looking for a sleek sedan, a robust SUV, or a reliable bakkie, you’ll find it here.

But what truly sets this auction apart is the Auction Finance option. Securing pre-approved bank finance means you can bid with confidence, knowing exactly what you can afford. Here’s why pre-approved finance is a win-win:

Budget Clarity – Know your spending limit upfront, so you can bid strategically.
Hassle-Free Process – Skip the stress of arranging financing after winning a bid.
Competitive Edge – Be ready to act fast when your dream vehicle goes under the hammer.

How to Stay in the Loop

The full catalogue is still in the works, but you don’t have to wait to get all the details. Join our WhatsApp group for real-time updates, exclusive previews, and insider tips:
👉 Join the WhatsApp Group Here

By joining, you’ll be the first to know when the catalogue drops, ensuring you don’t miss out on the best deals.

Finance Queries? We’ve Got You Covered

Our dedicated finance experts are here to guide you through the process. Reach out to the following representatives based on your region:

📍 Gauteng: Nondumiso Mzungu | +27 64 673 1349 | www.auctionfinance.co.za | Auth. FSP34936
📍 Free State: Celeste Steenberg | +27 82 374 5078 | www.auctionfinance.co.za | Auth. FSP34936
📍 KwaZulu-Natal: Dineshni Naidoo | +27 83 381 2303 | www.auctionfinance.co.za | Auth. FSP34936

Important Reminders

🚫 No Physical Attendance: This is a webcast-only auction, so you can bid from the comfort of your home or office.
📜 Terms & Conditions: Familiarize yourself with the auction terms by visiting Park Village Auction’s Terms Page.

Don’t Miss Out!

This National Vehicle Auction is shaping up to be one of the most exciting events of the year for car buyers. With unbeatable deals, flexible financing options, and a wide selection of vehicles, it’s an opportunity you won’t want to miss.

📢 Stay ahead of the curve by joining our WhatsApp group and securing your spot for updates. The countdown to 5 March 2025 has begun—will you be ready to drive away with the deal of a lifetime?

👉 Join the WhatsApp Group Now and let the excitement begin!

At Auction Finance, we make your dream car a reality by offering tailored pre-approved finance solutions, ensuring you bid with confidence and drive away with ease. Let us handle the numbers while you focus on finding the perfect vehicle.

Monday, February 24, 2025

Understanding Your Credit Score & How It Affects Your Car Finance Application

Your credit score is more than just a number—it’s your financial reputation. In South Africa, having a healthy credit score can determine whether you get approved for a loan, the interest rates you’ll receive, and even the type of car finance you qualify for. Let’s break down everything you need to know about credit scores, maintaining financial health, and improving your chances of securing vehicle finance.

credit score inage

What is a Credit Score?

Your credit score is a 3-digit number (typically between 300 and 800) that reflects how well you manage credit. South African lenders use this score to assess your financial behavior and decide whether to approve your loan application.

Credit Score Ranges in South Africa:

  • 300 – 579: Poor (High risk – very low chance of loan approval)

  • 580 – 669: Fair (Moderate risk – some lenders may approve with higher interest rates)

  • 670 – 739: Good (Low risk – more likely to get finance at better rates)

  • 740 – 799: Very Good (Solid financial standing – excellent loan terms)

  • 800+: Excellent (Minimal risk – best finance options and interest rates)

How Your Credit Score Affects Car Finance Approval

When applying for car finance, banks and lenders check your credit score to determine:

  • Loan Approval: A higher score increases your chances of getting approved.

  • Interest Rates: The better your credit score, the lower your interest rate.

  • Deposit Requirements: If your score is low, you may be required to pay a larger deposit or secure a guarantor.

  • Loan Terms: A good credit score can get you longer repayment terms and lower monthly installments.

Common Credit Score Issues That Affect Finance Applications

1️⃣ Default Listings

If you’ve missed payments on accounts like store credit, personal loans, or vehicle finance, you may have a default listing on your credit report. These listings stay on your profile for 12 months, even if you settle the debt.

How to Fix It: Contact the creditor, settle the outstanding amount, and request removal from the credit bureau.

2️⃣ Judgments Against Your Name

A default judgment means legal action was taken against you for an unpaid debt. Unlike a default listing, a judgment can stay on your record for 5 years and can affect finance approvals significantly.

How to Fix It: You’ll need to apply for a rescission of judgment through a court order and submit proof to the credit bureau for removal.

How to Build & Maintain a Good Credit Score

Keeping a healthy credit score isn’t just about avoiding debt—it’s about making smart financial choices. Here are some of the best ways to improve and maintain your score:

💡 1. Pay Your Bills on Time

Your payment history is the biggest factor in your credit score. Late or missed payments lower your score significantly. ✅ Tip: Set up debit orders or reminders to ensure all bills are paid on time.

💡 2. Keep Your Credit Utilisation Low

Using less than 30% of your available credit shows lenders you manage your finances well. ✅ Tip: If your credit card limit is R10,000, try to use no more than R3,000 at a time.

💡 3. Avoid Taking on Too Much Debt

Lenders check your debt-to-income ratio—the percentage of your income that goes toward debt repayments. ✅ Tip: If your salary is R40,000, avoid carrying more than R10,000 in revolving credit at any time.

💡 4. Have a Mix of Credit Accounts

A combination of credit types (credit card, vehicle finance, personal loan) demonstrates responsible borrowing. ✅ Tip: Don’t rely on store accounts and credit cards alone—having a diverse credit mix improves your score.

💡 5. Monitor Your Credit Report

Errors on your credit report could harm your credit score without you realising it. ✅ Tip: You’re entitled to one free credit report per year from bureaus like TransUnion, Experian, and Compuscan.

💡 6. Limit Credit Applications

Applying for multiple loans in a short period makes lenders think you’re in financial trouble. ✅ Tip: Only apply for new credit when necessary, and space out your applications.

Can You Get Car Finance With a Low Credit Score?

Yes, but it will be more difficult. Here’s what you can do:

🚗 Save for a Deposit: The bigger your deposit, the less risky you seem to lenders. 🚗 Consider a Joint Application: Having a co-signer with a better credit score can improve your chances. 🚗 Look at Alternative Lenders: Some lenders specialise in financing for lower credit scores but may charge higher interest rates. 🚗 Work on Improving Your Score: If your credit score is low, consider waiting a few months while you build it up before applying for vehicle finance.

Final Thoughts

A strong credit score gives you access to better finance options, lower interest rates, and financial freedom. Whether you're applying for car finance now or planning for the future, following these steps will help you stay in good standing and get the best possible deal when securing your vehicle loan.

📌 Need help with vehicle finance? Auction Finance can assist you with pre-approved car finance to ensure you’re ready before the auction. Contact us today!

🔗 Apply for finance now: www.auctionfinance.co.za | Auth FSP34936

#CreditScore #CarFinance #FinancialHealth #AuctionFinance #GetPreApproved

Tuesday, February 11, 2025

Don't Miss Out: ABSA's Upcoming Vehicle Auction – View This Friday & Secure Your Finance!

If you’re in the market for a quality used car at a great price, you won’t want to miss the upcoming ABSA Bank Vehicle Auction! With a wide selection of vehicles going under the hammer, this is your chance to secure a fantastic deal on a pre-owned car. Viewing days are this Friday, 14 February, and Monday, 17 February, so don’t wait – plan your visit now!

absa bank repossessed vehicle auction

Auction Viewing Details

Get an up-close look at the vehicles before bidding. This is a key step to making an informed purchase.

📅 Viewing Dates: Friday, 14 February & Monday, 17 February 2025
Viewing Times: 08h00 – 16h00
📍 Viewing Venues:

  • Absa Trade Centre: 8 Top Road, Boksburg

  • Absa Trade Centre: 13 Top Road, Boksburg

  • Tirhani Auctioneers: 4 Van Dyk Road, Benoni

Auction Schedule & Important Dates

💻 Auction Opens: Monday, 17 February @ 11h00
🔨 Auction Closes: Tuesday, 18 February (from 11h00, 2 lots closing per minute)
💰 Payments Due: By Wednesday, 19 February (Close of Business)
🚗 Vehicle Collection: 19 – 21 February (08h00 – 16h00) – No weekend or public holiday collections.

How to Participate

Joining this online auction is straightforward:

  1. Register on the bidding platform – Click ‘Register & Bid Online!’

  2. Receive an auction registration email – This will include auction rules, bidder participation forms, and document submission instructions.

  3. Upload your documents to the Tirhani Auctioneers Buyer’s Portal by 16h00 on Monday, 17 February 2025.

  4. Pay the refundable registration fee of R7,000 (refunded if no purchase is made or registration is unsuccessful).

  5. Ensure you have the required FICA documents as per Annexure A of the Rules of Auction.

📌 By registering, you agree to all auction rules. These are non-negotiable, so please review them carefully.

Secure Finance Before You Bid!

Don’t let financing be the reason you miss out on your dream car! Get pre-approved finance before the auction and bid with confidence.

💳 Fast & Easy Auction Finance Available
🔹 Competitive rates
🔹 Quick approvals
🔹 Hassle-free process

📞 Secure Pre-Approved Bank Finance, contact Lizette Muller on +27 72 105 8379 | www.auctionfinance.co.za
Auth. FSP34936

Why Attend the Viewing?

Attending the viewing lets you inspect the vehicles, verify their condition, and make an informed decision before placing your bid. With auctions moving fast, having a strategy is key – and nothing beats seeing the cars in person.

🚗 See the cars up close – Check mileage, condition, and features. 🔍 Spot the best deals – Identify the vehicles that fit your needs and budget. 📜 Get clarity on auction rules – Speak to auction representatives and clear any doubts.

More Information & Useful Links

📌 Tirhani Auctioneers Registration & Info: https://bit.ly/4aLB9cg
🌐 Visit Tirhani Auctioneers Website: www.tirhani.co.za

Final Thoughts

This is your chance to buy directly from ABSA, meaning transparent pricing and no hidden markups. Don’t miss out – head to the viewing this Friday or Monday, get pre-approved for finance, and be ready to bid!

📢 #ABSAauction #AuctionDeals #UsedCarsForSale #AuctionFinance #TirhaniAuctioneers #BankRepoCars

For more details, visit www.auctionfinance.co.za and secure your finance today!

Thursday, February 6, 2025

Upcoming Auction Events – Next Week! 🔥

Looking for unbeatable deals on bank-repossessed vehicles, fleet sales, and commercial assets? Next week’s auction lineup features ABSA, MFC, Standard Bank and WesBank auctions, plus a range of truck, plant, and liquidation auctions across South Africa. Don’t miss out on these opportunities to secure a bargain!



🏙 Gauteng Auctions

Monday, 10 February

Tuesday, 11 February

Wednesday, 12 February

Friday, 14 February


🌊 KwaZulu-Natal Auctions

Wednesday, 12 February


🌾 Free State Auctions

Tuesday, 11 February

Thursday, 13 February


🌍 Western Cape Auctions

Wednesday, 12 February


🌅 Eastern Cape Auctions

Wednesday, 12 February

  • Aucor PE | WesBank Online Vehicle Auction | Event Link

Thursday, 13 February


💰 Need Auction Finance? Get Pre-Approved Today!

Bidding at an auction? Secure pre-approved finance in advance to ensure a smooth purchasing process. Auction Finance specializes in providing finance solutions for bank, fleet, and commercial vehicle auctions across South Africa. Get pre-approved today and bid with confidence!

👉 www.auctionfinance.co.za | Auth. FSP 34936

Tuesday, February 4, 2025

Why Rising Car Prices Make Bank Auctions Your Best Bet

Car buyers in South Africa may soon be facing another wave of price hikes, according to a recent article from TopAuto (Read here). With the potential closure of South Africa’s only producer of specialty automotive steel, production costs for new vehicles could rise by up to 25%, leading to higher prices on both new and used cars.

expensive cars


But here’s the good news for smart buyers: bank, fleet, and commercial auctions remain one of the last places to get vehicles at market-driven prices!

Why Buy at Auction?

No dealer markups – Vehicles sell to the highest confirmed bidder, not at inflated prices. ✅ Genuine bank vehicles – Auctions feature repossessed cars, fleet reductions, and commercial sales from reputable sources. ✅ Market-driven pricing – Unlike dealerships, auction prices are determined by demand, often well below retail value. ✅ Finance Available! – With Auction Finance, you don’t need to pay cash upfront. Get pre-approved and bid with confidence!

Rising Prices? Beat the Market at Auction

During the COVID-19 pandemic, we saw what happens when supply chains get disrupted: used cars skyrocketed in price, with some second-hand vehicles selling 61% above their original price. If production slows down again, history could repeat itself.

Instead of paying more at dealerships, why not take advantage of bank auctions where vehicles are sold without unnecessary markups?

🚗 Ready to Buy Smarter? 🔹 Apply for auction finance now 👉 www.auctionfinance.co.za 🔹 Stay Updated on Daily Auctions 👉 Follow us on Facebook

Don't let price hikes price you out of the market. Secure your next car at a genuine bank, fleet, or commercial auction – with finance from Auction Finance!

📢 Apply Today & Start Bidding! www.auctionfinance.co.za | Auth. FSP34936

What Salary Do You Need to Earn to Afford a R150,000 Car on Finance?

If you are in the market for a used car and wondering whether your salary can comfortably cover the costs of financing, you are not alone. M...