ABSA Passenger & Commercial Vehicle Auction — The Perfect Time to Finance Smarter

The Market Has Turned in Buyers’ Favour

South Africa’s used car market has entered an interesting moment. After two years of relentless price hikes driven by inflation and supply chain bottlenecks, we’re now seeing stability in used-vehicle pricing.

Add to that the 50 basis point interest rate cuts in 2025, and the maths starts making sense: financing a car has become far more attractive than draining your savings.

Consumers who once leaned heavily towards cash are rethinking — why lock away liquidity when affordable monthly repayments can free you up to keep your cash for a rainy day?

This shift is reflected in demand: buyers are moving away from expensive new cars and snapping up low-mileage, high-value used stock.

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The Perfect Storm: ABSA’s Passenger & Commercial Vehicle Auction – Boksburg

One of the most anticipated events this month is the ABSA Passenger and Commercial Vehicle Auction (Bank Instruction) taking place in Boksburg.

• Auction Type: Webcast

• Location: ABSA Trade Centre, 8 Top Road, Anderbolt

• Viewing: Monday 06 Oct (9am–3pm) & Tuesday 07 Oct (8–10am)

• Bidding: Webcast live from Tuesday 07 Oct, 10:00am (registration closes 9am same day)

• Deposit: R7,000 – waived for pre-approved Auction Finance clients (Learn More)

• Auction List: Click here to view full catalogue

• Finance Contact: Lizette Muller | 📱 072 105 8379

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Noteworthy Lots at This Auction

🌟 Nearly New, Low-Mileage Stars

Buyers looking for showroom-fresh stock will want to keep an eye on:

• 2025 BAIC X55 1.5T Elite AT – only 11,868 km

• 2024 Ford Ranger 2.0D Bi-Turbo Wildtrak AT DC PU – 30,759 km

• 2023 Mercedes-Benz GLA 200 Progressive AT – 27,533 km

• 2023 Haval H6 2.0T Premium DCT – 33,751 km

• 2024 Hyundai Grand i10 1.0 Motion Premium – 27,456 km

These nearly new, low-mileage vehicles represent some of the best value buys in the market right now.

🛻 Reliable Workhorses

Commercial buyers and businesses will appreciate the many high-mileage bakkies, vans, and Quantums on offer. Vehicles like these — some with over 300,000 km — provide affordable solutions for expanding fleets or replacing aging workhorses.

 Special Interest & Collector’s Cars

There are a few unexpected gems hidden in this auction too:

• 2013 Lamborghini Gallardo LP560-4 with just 32,118 km — a dream for collectors.

• 2013 Mercedes-Benz SLK 55 AMG — performance and style rolled into one.

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Why Finance Is the Smarter Play

Financing through Auction Finance means:

• No R7,000 auction deposit if pre-approved.

• Immediate buying power without draining your reserves.

• Competitive rates reflecting this year’s interest rate cuts.

• Flexibility to upgrade without financial strain.

Even if you’re a cash buyer, now may be the time to finance instead of spend. By doing so, you keep your cash for investments, emergencies, or that next big opportunity.

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Don’t Miss Out

• Join the live webcast on Tuesday 07 October from 10:00.

• View the full auction catalogue here: Auction List.

• Get pre-approved finance now: Apply Online | Contact Lizette Muller 📱 072 105 8379

• Subscribe to our WhatsApp Auction Alerts for real-time updates: Join Here

• See all upcoming auctions countrywide: Auction Events

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Final Word

With rates dropping, prices stabilising, and stock flooding in from the major banks, this is the perfect moment to step into the used car market. Auctions like ABSA’s Boksburg Passenger & Commercial Sale are where smart buyers are finding their edge.

💡 Don’t just buy — finance smart, keep your cash, and drive away better.

👉 Apply online today: www.auctionfinance.co.za | Auth. FSP34936