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.

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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.

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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.

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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.

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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

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⚠️ 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

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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.

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🔗 Get Pre-Approved Finance Now »