Sunday, September 14, 2025

Absa Vehicle Auction Puts Buyers in the Driving Seat

South African car buyers have a unique opportunity next week as Absa’s latest vehicle auction prepares to release an unusually large and diverse pool of cars onto the market in one concentrated burst. With more than 400 vehicles going under the hammer over two days, this auction isn’t just another date on the calendar, it’s a rare chance for buyers to gain the upper hand in a market where affordability has become the defining challenge.

2023 BMW M4 COUPE M-DCT COMPETITION AWD (G82)


The numbers alone are striking. A total of 417 vehicles are lined up, split between 268 runners in good working order and 149 units flagged as non-runners, accident-damaged, or requiring major repairs. For savvy buyers willing to do their homework, this mix represents both immediate value and longer-term project opportunities.

Equally important is the variety on offer. The auction floor will feature everything from popular SUVs such as the Toyota Urban Cruiser, BMW X5 and Volkswagen T-Roc, to hard-working bakkies like the Toyota Hilux and Ford Ranger, fuel-efficient hatchbacks including the VW Polo Vivo and Hyundai i20, executive sedans like the BMW 3 Series and Mercedes-Benz C-Class, and even minibuses, MPVs, and coupes. With so much stock compressed into one event, buyers can shop across multiple segments in real time, comparing and bidding in a way that simply isn’t possible on a dealer forecourt.

For those planning to finance their purchase, this upfront competition among sellers can have a real impact on the numbers. Securing a vehicle below retail pricing reduces the financed amount from day one, lowering monthly instalments and deposit requirements. Buyers pre-approved with Auction Finance even enjoy the advantage of registering without paying the standard R7 000 deposit, ensuring they can bid freely without tying up extra cash.


Event Details: How and Where to Bid

The auction will run as a timed online event, opening Monday, 15 September 2025, at 11:00 and closing Tuesday, 16 September 2025, from 11:00, with lots closing at a speed of two per minute and a one-minute auto-extend feature to prevent last-second sniping.

Viewing is strongly recommended and will take place on:

  • Monday, 15 September | 08:00 – 16:00

  • Tuesday, 16 September | 08:00 – 10:00

Vehicles can be inspected at three venues in Boksburg:

  • Absa Trade Centre, 8 Top Road

  • Absa Trade Centre, 13 Top Road

  • Tirhani Auctioneers, 194 Main Road, Anderbolt (new premises)

Payments for successful bids are due by Wednesday, 17 September (close of business), with vehicle dispatch running from Wednesday, 17 September to Friday, 19 September (08:00 – 16:00). There will be no dispatch over weekends or public holidays.


Registration, Fees, and Important Rules

Bidders must register online via Tirhani Auctioneers or directly at Register & Bid Online. Registration requires:

  • Uploading FICA documents by 16:00 on Monday, 15 September

  • Signing the Rules of Auction agreement

  • Paying the R7 000 registration fee (refundable if no purchases are made) unless pre-approved with Auction Finance

The auction operates With Reserve, meaning sellers retain the right to accept or reject final bids if the reserve price is not met. All bids exclude VAT (15%) and a fixed administration fee of R2 173.91 plus VAT per lot. Notably, there is no buyer’s premium at this event — a cost saving compared to many other auctions.

Foreign buyers must have a valid Traffic Register Number (TRN) to participate, and Absa employees are prohibited from bidding.


Vehicle Highlights by Category

  • SUVs (95 units): Toyota Urban Cruiser, Jeep Grand Cherokee, Haval Jolion, Land Rover Range Rover Sport, BMW X5, Audi Q3, Volkswagen T-Roc

  • Bakkies & Pickups (93 units): Toyota Hilux, Ford Ranger, Isuzu D-Max, Nissan NP200, Mahindra Pik Up

  • Hatchbacks (92 units): VW Polo/Polo Vivo, Hyundai i10/i20, Toyota Etios/Starlet, Renault Kwid/Sandero, Suzuki Swift

  • Sedans (70 units): Toyota Corolla Quest, BMW 3 Series, Mercedes-Benz C-Class, Audi A4, VW Jetta

  • LDVs / Minibuses / Vans (37 units): Toyota Quantum, Hyundai H1, Nissan NV350

  • Coupes (16 units): BMW 4 Series, Mercedes-Benz C-Class Coupe, Audi A5, Lexus RC

  • MPVs (14 units): Suzuki Ertiga, Renault Triber, Toyota Rumion, Honda BR-V

With 268 runners ready to drive and 149 non-runners or accident units for repair or spares, there is scope here for dealers, fleet operators, and private buyers alike.


How to Take Part


Why This Auction Matters

In a market where supply constraints have kept prices high and stock thin, this auction flips the equation. By concentrating 417 vehicles across every major category into a single event, it creates buyer leverage rarely seen in the current environment. For those prepared with finance in place, it could mean driving away in a late-model, low-mileage car at a price point that simply isn’t available anywhere else.


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