Monday, July 14, 2025

Second Chances, First-Class Cars: The Unexpected Joy of Buying at Auction

ABSA’s Upcoming Gqeberha Auction Might Just Change the Way You Think About Buying a Vehicle

By Auction Finance Insider



In a world where dealerships push balloon payments and private sellers disappear with your deposit, there’s something surprisingly refreshing , even thrilling about buying a car at auction.

And not just any auction.

This Thursday, 17 July, ABSA Bank is hosting a genuine bank repossessed vehicle auction in Gqeberha (PE), offering a line-up that would make even the savviest car buyer raise an eyebrow. Over 150 vehicles — from late-model hatchbacks to nearly-new bakkies, will be available online, live via webcast, and it’s the kind of event that rewards those who know how to spot value where others only see risk.

But is buying at auction risky? Or is it just misunderstood?

What the Dealerships Don’t Want You to Know

The vehicles going under the hammer aren’t lemons or leftovers. They’re repossessed, yes — but often for reasons that have nothing to do with mechanical faults. In fact, a quick glance at the catalogue reveals some eye-watering gems:

  • 2022 VW Polo TSI Life – just 6,122km

  • 2023 Renault Kiger – under 33,000km

  • 2024 VW Polo Vivoonly 11,242km (barely out of its plastic!)

  • 2022 Ford Ranger Wildtrak Bi-Turbo – prime bakkie, low mileage

  • Peugeot, Nissan, Kia, Toyota, Isuzu — all 2020+ models, many with mileage under 50,000km

Forget the cliché of auctions being the last resort for desperate buyers. This is a smart buyer’s playground — especially for those who come prepared.

The Secret Weapon: Pre-Approved Auction Finance

Let’s be honest: cash buyers are rare these days. And waiting for a bank to process your loan after the hammer drops? That’s a guaranteed way to lose your bid.

That’s why pre-approved finance has become the new norm for serious auction-goers. 

The Human Side of the Hammer

There’s something strangely beautiful about watching a vehicle roll across a digital auction block. It’s not just a transaction; it’s a second chance. For the car. For the buyer. And sometimes, for the seller too.

In Gqeberha, that story plays out not just in front of a screen, but at 142 Burman Road, Deal Party — where you can view the vehicles in person on Tuesday 15 and Wednesday 16 July, from 09:00 to 15:00.

Come prepared. Come curious. And come knowing that ABSA’s auction platform is one of the most trusted in the game.


Ready to Take the Driver’s Seat?

Secure pre-approved finance and take control of the bidding before it even begins.

📞 Contact Nicol Palmer (F&I Manager) on 061 521 7518
📧 Email: nicol@auctionfinance.co.za
🌐 Or apply online at www.auctionfinance.co.za
Auth. FSP34936


Auction starts: Thursday, 17 July at 10:00 via Webcast
Register before: 09:00 Thursday
Auction link: Park Village Auctions


PRE-LIMINARY LIST:

2020 Audi A3 1.4T FSI S - 157,344km

2015 Audi A5 Sportback 2.0 TDI Multi - 183,617km

2013 Audi A3 1.4T FSI S - 242,130km

 

2020 BMW 118i Sportline AT F40 - 77,907km

2016 BMW X5 XDrive30D M-Sport AT F15 - 227,392km

2017 BMW 318i AT F30 - 102,528km

 

2016 Chevrolet Captiva 2.4 LT AT - 186,028km

2008 Chevrolet Captiva 2.4 LT - 254,823km

2015 Chevrolet Utility 1.4 AC PU - 1km

 

2021 Ford Ranger 2.2TDCI XL PU DC - 161,742km

2020 Ford Ranger 2.0D Bi-Turbo Wildtrak AT PU DC - 39,384km

2019 Ford Ranger 3.2TDCI Wildtrak AT PU DC - 126,927km

2022 Ford Ranger 2.0D Bi-Turbo Stormtrak 4x4 AT PU DC - 107,317km

2015 Ford Ranger 2.2TDCI XL PU SC - 205,338km

2013 Ford Ranger 3.2TDCI XLS PU Supcab - 229,108km

2018 Ford Ranger 2.2TDCI LR PU SC - 274,492km

2019 Ford Everest 3.2 TDCI XLT 4x4 AT - 66,250km

2021 Ford Figo 1.5TI VCT Ambiente 5DR - 47,905km

2019 Ford Figo 1.5TI VCT Ambiente - 270,135km

2022 Ford Ecosport 1.5TIVCT Ambiente - 59,655km

2021 Ford Ecosport 1.5TIVCT Ambiente - 40,060km

 

2018 Hyundai I20 1.2 Motion - 96,677km

2020 Hyundai Grand I10 1.0 Fluid - 72,344km

2019 Hyundai Atos 1.1 Motion - 33,590km

2016 Hyundai Grand I10 1.25 Fluid - 139,483km

2019 Hyundai Grand I10 1.0 Motion - 111,651km

2011 Hyundai I20 1.6 - 1km

2013 Hyundai Elantra 1.8 GLS Executive - 1km

 

2020 Isuzu D-Max 250 HO Hi-Ride 4x4 DC PU - 179,316km

2020 Isuzu D-Max 250 HO Fleetside Safety SC PU - 156,849km

2019 Isuzu D-Max 250C Fleetside SC PU - 218,138km

2022 Isuzu D-Max 3.0 DDI LSE AT DC PU - 41,367km

2022 Isuzu D-Max 250 HO Fleetside SC PU - 134,934km

2016 Isuzu KB300 D-TEQ LX 4x4 PU SC - 245,887km

2014 Isuzu KB 250D Leed PU SC - 0km

2013 Isuzu KB250D LWB PU SC - 216,277km

 

2020 Kia Seltos 1.5D EX AT - 119,640km

2022 Kia Rio 1.2 LS 5DR - 58,548km

2022 Kia Seltos 1.4T DCT GT-Line - 37,444km

 

2021 Mazda CX-3 2.0 Active AT - 187,545km

2021 Mazda CX-3 2.0 Active AT - 84,505km

 

2019 Mahindra Pik Up 2.2 Mhawk S4 PU SC - 49,461km

2021 Mahindra KUV 100 1.2 K2 Dare - 26,509km

 

2016 Nissan Navara 2.5DDTI SE DC PU - 69,722km

2020 Nissan Navara 2.3D LE AT DC PU - 132,326km

2021 Nissan NP200 1.5 DCI AC Safety Pack PU SC - 155,884km

2016 Nissan Qashqai 1.2T Acenta CVT Tech - 154,500km

2014 Nissan Qashqai 1.2T Visia - 169,973km

 

2023 Renault Kiger 1.0T Intens - 33,167km

2020 Renault Clio IV 900T Authentique 5DR 66KW - 103,864km

2019 Renault Captur 900T Dynamique 5DR 66KW - 130,046km

2022 Renault Triber 1.0 Dynamique Zen - 61,320km

2023 Renault Triber 1.0 Dynamique Zen - 120,264km

2022 Renault Kwid 1.0 Expression Life 5DR - 67,270km

2019 Renault Kwid 1.0 Climber 5DR - 105,482km

2021 Renault Kwid 1.0 Dynamique Zen 5DR AMT - 22,282km

 

2021 Volkswagen Polo Vivo 1.4 Trendline 5DR - 175,924km

2022 Volkswagen Polo Vivo 1.4 Comfortline 5DR - 31,566km

2021 Volkswagen Polo 1.0 TSI Trendline - 111,652km

2022 Volkswagen Polo 1.0 TSI Life - 6,122km

2020 Volkswagen Polo Vivo 1.4 Comfortline 5DR - 120,746km

2018 Volkswagen Polo Vivo 1.6 Highline 5DR - 96,885km

2017 Volkswagen Polo Vivo GP 1.4 Conceptline 5DR - 215,956km

2016 Volkswagen Polo Vivo GP 1.4 Trendline 5DR - 273,026km

2015 Volkswagen Polo GP 1.2 TSI Trendline 66KW - 102,442km

2015 Volkswagen Polo GP 1.2 TSI Comfortline 66KW - 266,866km

2014 Volkswagen Polo Vivo 1.4 Trendline 5DR - 223,739km

2012 Volkswagen Polo Vivo 1.6 Trendline 5DR - 226,719km

2011 Volkswagen Polo 1.2 TDI Bluemotion 5DR - 175,747km

2021 Volkswagen Amarok 3.0TDI H-Line 190KW 4MOT AT DC PU - 98,991km

 

2019 Volvo XC40 T3 Momentum - 181,601km

2014 Volvo FMX 4 440 6x4 Sleep Hred TT CC - 1,024,042km



Sunday, July 13, 2025

What Kind of Car Can You Really Get at a Bank Auction? Durban’s ABSA Repo Event Might Surprise You.

You’ve heard about bank vehicle auctions. But what kind of cars actually go on the block? Be prepared to be surprised.

ABSA’s upcoming repossessed vehicle auction in Durban on 16 July features over 200 genuine bank vehicles, and this isn’t your average lineup. From nearly-new SUVs and bakkies to performance sedans, family hatchbacks and even rare gems, this sale has it all, at prices well below market.

Let’s pull back the curtain and show you what you can actually bid on and more importantly, how to finance it like a pro.

2023 FORD MUSTANG CALIFORNIA SPECIAL 5.0 GT AT (ODO : 23777)



The Real Stars of This Auction

Here are just a few of the late-model, low-mileage standouts going under the hammer:

  • 2024 Hyundai Staria 2.2D Multicab – Just 3,126 km, a dream MPV for business or lifestyle.

  • 2023 Ford Mustang GT California Special – Only 23,777 km on this muscle icon.

  • 2023 Alfa Romeo Tonale Hybrid – A sleek, premium SUV with just 6,753 km.

  • 2023 Toyota Corolla Cross 1.8 Xi – South Africa’s favorite SUV under 30,000 km.

  • 2024 Renault Kwid 1.0 Expression – Budget-friendly, compact, and only 23,475 km.

  • 2023 Ford Ranger 2.0D XLT 4x4 – Rugged double cab with just 32,343 km on the clock.

Whether you’re looking for resale stock, a second car, a fuel saver, or that “forever vehicle” , this auction delivers options.


These Are Not Auction Leftovers

This isn’t the scrapyard selection. These are repossessed ABSA Bank vehicles, many still under warranty, with clear histories and real market value. You’re buying direct from the bank, no markups, no middlemen.


Why Durban Buyers Shouldn’t Miss This

Hosted at Park Village Auctions’ Bank Asset Disposal Centre in River Horse Estate, the venue is clean, central, and staffed by professionals who know how to help real buyers. It’s the kind of place where deals get done.

Bonus? Massive variety, one roof, one day. 217 lots including sedans, hatchbacks, SUVs, bakkies, combis, and rare body types. Many under 2 years old. Many under 50,000 km.


Finance Is the Smart Way to Bid

Don’t come unprepared. You’re not just competing against other buyers — you’re competing against buyers with finance in place.

That’s where Auction Finance steps in.

✅ Secure pre-approval before auction day
✅ We know the process, we guide you through it
✅ Fast, no-nonsense support from someone who speaks your language

📞 Contact Dineshni Naidoo on +27 83 381 2303
or visit www.auctionfinance.co.za to apply.
💼 Digital Business Card

Authorised FSP34936


⚠️ Important Auction Info

  • Auction Date: Wednesday, 16 July 2025 (Bidding starts 10am)

  • Type: Webcast (Online bidding only)

  • Viewings: Mon 14 & Tue 15 July, 09:00–15:00

  • Location: Park Village Auctions Bank Asset Disposal Centre, River Horse Estate, Durban

  • Over 200 Vehicles | Repossessed | Variety like nowhere else - See cars


So... What Kind of Car Can You Get?

Turns out, a really good one.

But only if you’re ready when the bidding starts.

Secure your finance today, and shop the ABSA Auction like a pro.


🔗 Get Pre-Approved Finance Now »

Tuesday, July 1, 2025

Confirmed ABSA Bank Vehicle Auctions – July 2025

If you're in the market for a reliable used vehicle or commercial asset, July’s ABSA Bank Auctions are shaping up to be one of the strongest lineups this year — with multiple nationwide sales confirmed and even more on the way.

absa bank vehicle auctions

Whether you’re a dealer, private buyer, or fleet manager, these genuine repossessed vehicles present a golden opportunity to secure stock well below market value. While full catalogues are still being finalised, most of the auction dates and locations are live, and Auction Finance is now accepting pre-approval applications to help you secure your next deal quickly and confidently.

Bonus for Pre-Approved Clients:
Planning to bid at Boksburg on 8 July? Clients with pre-approved finance from Auction Finance can register without paying the R7,000 deposit – a major advantage in a fast-paced bidding environment.


📅 Confirmed ABSA Bank Vehicle Auctions – July 2025

Below is a breakdown of the confirmed ABSA auctions so far. More events are expected, so bookmark this page and join our WhatsApp group for instant updates.


1. 🏢 ABSA BOKSBURG – Webcast Vehicle Auction

📍 ABSA Trade Centre, 8 Top Road, Anderbolt
🗓️ Webcast Live: Tuesday 8 July 2025 @ 10:00
📋 Viewing:

  • Monday 7 July: 9:00 – 15:00

  • Tuesday 8 July: 8:00 – 10:00

This auction features over 200 bank-repossessed passenger and commercial vehicles. It’s a Webcast-only sale, so all bidding happens online in real time.

Pre-approved clients can register without paying the R7,000 deposit.
💬 Finance Queries: Lizette Muller +27 72 105 8379
🔗 www.auctionfinance.co.za


2. 🌴 ABSA DURBAN – Webcast Auction

📍 Park Village Auctions, Quarry Place, River Horse Estate
🗓️ Webcast Live: Wednesday 16 July 2025 @ 10:00
📋 Viewing:

  • Monday 14 July and Tuesday 15 July: 09:00 – 15:00

Another major sale with 200+ vehicles expected, this is Durban’s premier ABSA Bank auction for July. Online only – bidders must register before 9:00 on auction day.

💬 Finance Queries: Dineshni Naidoo +27 83 381 2303
🔗 www.auctionfinance.co.za


3. 🌊 ABSA GQEBERHA (PE) – Webcast Auction

📍 ABSA Trade Centre, 142 Burman Rd, Deal Party
🗓️ Webcast Live: Thursday 17 July 2025 @ 10:00
📋 Viewing:

  • Tuesday 15 July and Wednesday 16 July: 09:00 – 15:00

ABSA’s PE auction is back, with a solid mix of sedans, bakkies, and light commercial stock. Online bidding only.

💬 Finance Queries: Nicol Palmer +27 61 521 7518 | nicol@auctionfinance.co.za
🔗 www.auctionfinance.co.za


4. 🐴 ABSA BLOEMFONTEIN – Webcast Auction

📍 Park Village, R64 & Valencia Rd, Waterbron
🗓️ Webcast Live: Thursday 17 July 2025 @ 10:00
📋 Viewing:

  • Tuesday 15 July and Wednesday 16 July: 09:00 – 15:00

Bloem’s best bank stock goes under the hammer this July. No on-site bidding – webcast only.

💬 Finance Queries: Celeste Steenberg +27 82 374 5078
🔗 www.auctionfinance.co.za


5. 🛠️ ABSA BOKSBURG – SECOND JULY AUCTION

📍 Same location as 8 July event
🗓️ Tuesday 22 July 2025
⚠️ Full details and catalogue still to be released

We’ll update this listing as soon as more info becomes available. Make sure you’ve joined the WhatsApp group for alerts when the catalogue drops.


✅ Get Pre-Approved Now – No Waiting, No Guessing

Getting pre-approved with Auction Finance means:

✔️ You know your budget before bidding
✔️ You can register for some auctions without paying a deposit
✔️ You avoid delays and secure better deals

🖊️ Apply now: www.auctionfinance.co.za


📲 Join the WhatsApp Group for Live Auction Alerts

Want to be the first to know when catalogues are released or vehicles are listed? Join our growing auction community on WhatsApp.

👉 https://chat.whatsapp.com/BlsCEjaBirpA8q100ylw9s

We post verified, bank-approved auction events only — no spam, no scams. Just real listings, real finance, and real opportunities.


Auction Finance is an authorised FSP (FSP 34936). We facilitate vehicle finance at all major bank, fleet, and commercial auctions nationwide.

Second Chances, First-Class Cars: The Unexpected Joy of Buying at Auction

ABSA’s Upcoming Gqeberha Auction Might Just Change the Way You Think About Buying a Vehicle By Auction Finance Insider In a world where de...