Buying a Car at Auction? Financing Might Be Your Best Move
If you're a first-time auction-goer, you might think you need a big stack of cash to secure a car. But the good news? You don’t have to! Auction Finance is here to help you get pre-approved for financing so you can go into the auction with confidence—without having to spend your savings.
And with the MFC Bank Auction happening tomorrow, there’s no better time to learn how financing could help you drive away in your dream car!
Why Finance at an Auction?
Buying with finance offers some real advantages, especially if this is your first time buying at auction:
- Keep Cash for Emergencies: Instead of spending all your cash at once, financing lets you keep some for life’s unexpected expenses.
- Bid with Confidence: With Auction Finance’s fast pre-approval, you can walk into the auction knowing your budget and bid confidently.
- Avoid Losing Your Deposit: By having finance secured ahead of time, you won’t risk forfeiting your registration deposit if your financing doesn’t come through.
With financing, you can make the most of tomorrow’s MFC Auction and secure a great car without putting all your cash on the line.
The Auction Finance Advantage
At Auction Finance, we do things a little differently to make the process as smooth as possible for you:
- Quick, Simple Pre-Approvals: You could get pre-approved in as little as 24 hours, sometimes even faster, depending on external factors.
- Best Deals from All Banks: We work with all major banks, so we’ll negotiate the best rate for you.
- Personalised Bidding Support: Once you’re pre-approved, our F&I consultant, Carin, will help you structure your budget and bidding plan so you’re fully prepared for the auction.
Why Buy at Tomorrow’s MFC Auction?
The MFC Bank Auction is the perfect opportunity for first-time buyers looking for quality vehicles at prices often below market value. Here’s why:
- Great Prices: Many cars at auction sell below typical dealer prices, meaning you can find a fantastic deal.
- Wide Selection: With 150 cars going on the block, you’ll find a variety of makes and models to choose from.
- Condition Reports for Peace of Mind: Every vehicle comes with a Dekra condition report, giving you insight into the car’s condition before you bid.
Event Details for Tomorrow’s MFC Bank Auction
- Auctioneer: MFC Auction House
- Date: 13 November 2024
- Time: 11:00 AM
- Location: M57 Pretoria Rd, Glen Marais, Kempton Park
- Viewing Day: 12 November, 08:00 AM – 16:00 PM
- Catalogue: MFC Auction Catalogue
- Vehicles on Auction: 150
Take advantage of the viewing day today to get a feel for the cars you’re interested in, then go into tomorrow’s auction with confidence!
How to Get Pre-Approved with Auction Finance
Getting pre-approved is quick and easy. Here’s what you’ll need:
For Individuals:
- South African ID
- Valid South African driver’s license
- Last 3 months’ payslips OR most recent payslip and last 3 months’ bank-stamped statements
- Proof of residential address (not older than 3 months)
For Company Financing:
- Company registration documents (CK1 & CK2)
- Latest 6 months’ company bank-stamped statements (no internet statements)
- Latest audited financials
- IDs for all company members
- Proof of company’s physical address and directors’ residential address
- BRNC: Business Registration Number Certificate + proxy ID
Once pre-approved, our F&I Manager, Carin Visser, will guide you in setting a bidding budget. This way, you’ll arrive at the auction ready to bid on your dream car!
Stay Informed with Auction Alerts!
Don’t miss out on future auctions! Join our WhatsApp Auction Alert Group to receive updates on all upcoming bank, fleet, and commercial vehicle auctions across South Africa.
Join here: Auction Alerts WhatsApp Group
Ready to Finance Your Auction Car? Contact Us Today!
Auction Finance is proud to offer competitive rates and easy pre-approvals, helping you secure the perfect vehicle at your next auction! Whether you’re looking for personal, commercial, or agricultural finance, we’ve got you covered.
Contact us:
- F&I Manager: Carin Visser
- Phone: 082 654 7232
- Email: catharina@auctionfinance.co.za
- Website: www.auctionfinance.co.za – Auth. FSP34936
Financing your first auction car doesn’t have to be complicated! With Auction Finance’s quick pre-approval process, you can be ready to bid confidently at tomorrow’s MFC Auction. We’re here to help you every step of the way, so apply today and get set to drive home a fantastic deal.
