Showing posts with label Online Bidding. Show all posts
Showing posts with label Online Bidding. Show all posts

Monday, March 31, 2025

Biggest Bank Vehicle Auction in Bloemfontein! 150 Cars Must Sell!

Aucor Bloemfontein Vehicle Auction: Your Chance to Secure a Quality Bank Vehicle at a Great Price!

Aucor Bloemfontein is gearing up for one of its most exciting vehicle auctions in years, featuring an incredible lineup of nearly 150 bank-repossessed vehicles. If you're in the market for a quality car at a competitive price, this is an auction you don’t want to miss!

MFC & STANDARD BANK VEHICLE AUCTION – BLOEMFONTEIN



What Makes This Auction Stand Out?

For the first time since 2019, Aucor Bloemfontein will auction off such a massive volume of bank vehicles in a single event. The lineup includes a wide range of vehicles, from budget-friendly hatches to high-value SUVs, bakkies, sedans, and even late-model Toyota Quantum minibuses.

Auction Highlights:

Over 150 bank-repossessed vehicles
Wide variety: Hatchbacks, sedans, SUVs, bakkies, and commercial vehicles
Rare finds: 2021 Toyota Land Cruiser 300 3.5T V6 GZ and 2025 Jaecoo J7 1.6T Glacier DCT
Low-mileage options: Many vehicles with under 10,000 km on the clock
Popular models available: VW Polos, Kia Sportage, Seltos, and Sonet SUVs


Price Range & Affordability

With a diverse range of vehicles on offer, there's something to suit various budgets, from affordable options to high-end models.. With competitive bidding, buyers have a real opportunity to land a great deal.


Auction Details & Viewing Times

📅 Pre-bidding starts: Wednesday, April 2, 2025, at 2 PM SAST
📅 Live auction starts: Thursday, April 3, 2025, at 10:30 AM SAST
📍 Location: Aucor Bloemfontein, 1 Kruger Avenue, Estoire, Bloemfontein
Auction Manager: Dibo - 083 797 9945
General Enquiries: Bloemfontein Office - 051 433 2872

Viewing Days:

📅 Tuesday, April 1 – 08:00 to 17:00
📅 Wednesday, April 2 – 08:00 to 17:00


How to Participate: Online & Live Bidding

Can’t attend in person? No problem! Aucor’s webcast bidding system lets you participate from anywhere via the Aucorlive app. Watch the auction in real-time and bid against both online and on-site bidders.

Register on AucorLive App (onelink.to/aucorlive)
Watch the auction live with professional video and audio streaming
Bid against on-site participants from your phone or computer


Auction Registration & Fees

💰 Deposit: R10,000
💰 Buyers’ Commission:

6% on runners
8% on non-runners
10% on commercial assets

💰 Vehicle Documentation Fee: R2,600 (excl. VAT)
💰 Standard Bank assets: 0% buyers commission


Tips for First-Time Bidders

📝 Register early to avoid last-minute issues
🧐 Inspect the vehicles on viewing days to ensure they meet your expectations
💡 Stick to your budget – know your maximum bid before the auction starts
📌 Understand the fees – hammer price excludes VAT, documentation fees, and buyers' commission
🚗 Winning multiple bids? You’ll need to pay for all vehicles awarded to you


Finance Available – Bid with Confidence!

Looking for finance? Get pre-approved with Auction Finance and bid with confidence! Our hassle-free pre-approval process helps you secure funding before the auction, so you can focus on finding the right vehicle.

What’s more? If you have a validated pre-approval with Auction Finance, you can register for this auction without paying the required cash deposit!

📞 Contact: Celeste Steenberg - 082 374 5078
🔗 Apply now: www.auctionfinance.co.za

Auth FSP34936



Why Choose Aucor Bloemfontein?

With a legacy dating back to 1968, Aucor Bloemfontein has built a reputation for transparent, high-quality auctions. The team provides in-house condition reports via the AucorLive app, offering buyers detailed insights before bidding.


How to Register & Find the Catalogue

🖊️ Register in person at Aucor Bloemfontein during viewing days or on auction day
💻 Online registration: Available now – don’t wait until the last minute!
📄 FICA documents required: Copy of your ID and proof of address (not older than 3 months)
📑 Auction catalogue & details: Download via Aucor Live App or get a printed copy at reception

how to register

live.aucor.com


Don’t Miss Out!

With an impressive lineup of bank vehicles, live and webcast bidding, and flexible financing options, this Aucor Bloemfontein auction is an event you can’t afford to miss. Register now and get ready to bid on your next vehicle!

📅 Auction Date: April 3, 2025
📍 Location: Aucor Bloemfontein, 1 Kruger Avenue, Estoire
📞 Contact for finance: Celeste Steenberg - +27 82 374 5078
🔗 Full Auction Catalogue: Click Here


Wednesday, March 26, 2025

Interest Rates Hold Steady – Is It Finally Time to Buy That Car?

If you’ve been putting off buying a car because of rising interest rates and high prices, here’s some good news:

The South African Reserve Bank (SARB) just announced that interest rates will remain unchanged—meaning your borrowing power isn’t shrinking any further, at least for now.

With the repo rate holding at 7.50% and the prime lending rate at 11.00%, car buyers on linked-rate finance won’t see their monthly repayments rise in April.

WOMAN BUYING CAR

So, what does this mean for you?

💡 If you’ve been waiting for the right time to buy, this might just be it.

Why Smart Buyers Are Turning to Auctions

Over the past year, the used car market has been unpredictable. Prices remain high at dealerships, while private sales come with risks and hidden costs.

But there's a third option that more and more buyers are turning to: bank vehicle auctions.

At auctions like the upcoming ABSA Passenger & Commercial Vehicle Auction, you’re buying directly from the bank — at prices that are significantly lower than what you’d pay elsewhere.

The catch?
You need to be prepared. And that’s where Auction Finance comes in.

How to Buy at Auction – Without the Stress

One of the biggest myths about auctions is that they require cash upfront. While it’s true that many buyers pay cash, you don’t have to—if you get pre-approved finance before the auction.

With pre-approved finance, you can register to bid without a deposit.
You’ll know exactly what you can afford before the auction starts.
And you won’t need to scramble for funding if you win your bid.

ABSA Auction Details

📍 Where? ABSA Trade Centre, 8 Top Road, Anderbolt
📅 When?

  • Viewing Days: Friday, 28 March & Monday, 31 March (9:00 - 15:00)

  • Bidding Starts: Monday, 31 March (online)

  • Webcast Auction Finishes: Tuesday, 1 April at 10:00 sharp
    ⚠️ Deposit Required: R7,000 (unless you have pre-approved finance)
    🔗 Auction Terms & Catalogue: View Here

Secure Your Finance Before the Auction

📞 Contact Lizette Muller: +27 72 105 8379
🌐 Apply Now: www.auctionfinance.co.za | Auth. FSP34936

With no interest rate hikes and over 200 vehicles on auction, now might be the best time to find a great deal on your next car.

Are you ready?

Thursday, February 27, 2025

Expanding Horizons: Auction Finance Welcomes MAS Auctions to Our Panel

We’re thrilled to announce that MAS Auctions has officially joined our panel of approved auctioneers! As part of our commitment to providing top-tier auction experiences and seamless financing solutions, we carefully select partners who share our values of quality, transparency, and customer satisfaction—and MAS Auctions is the perfect fit!

mas auctions



Who is MAS Auctions?

MAS Auctions is a dynamic and trusted auction house based in South Africa, specialising in a wide range of auction services, including vehicle auctions, machinery, agricultural equipment, and industrial assets. Their dedication to professionalism and integrity has made them a go-to destination for both buyers and sellers.

Here’s what makes MAS Auctions stand out:

1️⃣ A Legacy of Trust and Expertise

MAS Auctions has built a solid reputation over the years for delivering seamless and transparent auction experiences. Their team of experts ensures that every auction is conducted with the highest level of professionalism, making them a trusted name in the industry.

2️⃣ Diverse Auction Offerings

Looking for vehicles, machinery, or valuable assets? MAS Auctions offers a diverse inventory that caters to individual buyers, businesses, and industry professionals, ensuring that there’s always something exciting up for grabs.

3️⃣ Transparent & Efficient Processes

Transparency is at the core of MAS Auctions’ operations. Their detailed catalogues, clear terms and conditions, and user-friendly bidding system make it easy for buyers to participate with confidence.

4️⃣ Customer-First Approach

From pre-auction viewings to post-sale support, MAS Auctions goes the extra mile to ensure that buyers and sellers have a smooth, hassle-free experience. Their customer service is second to none, reinforcing their reputation as an auction house that truly cares.

5️⃣ Cutting-Edge Online Auction Platform

In today’s fast-paced world, convenience is key. MAS Auctions offers an innovative online bidding platform, allowing buyers to participate from anywhere, at any time. This aligns perfectly with our mission to make auctions more accessible and hassle-free for everyone.


Why This Partnership Matters

By welcoming MAS Auctions to our approved auctioneer panel, we’re expanding your opportunities to find incredible deals on quality vehicles and assets. With Auction Finance’s pre-approved financing solutions and MAS Auctions’ exceptional auction services, you can bid with confidence and drive away with ease.


What’s Next?

Stay tuned for upcoming auctions featuring MAS Auctions! We’ll be sharing event details, exclusive previews, and insider tips, so you can make the most of this exciting new partnership.

📢 Don’t Miss Out! Join our WhatsApp group for real-time updates on upcoming auctions and exclusive financing opportunities! 👉 Join Here

For more information about MAS Auctions, visit www.masauctions.co.za.


Need Finance? We’ve Got You Covered!

Secure pre-approved bank finance for your next auction purchase. Contact Lee-Anne Vermeulen at +27 83 277 0178 or visit www.auctionfinance.co.za | Auth. FSP34936

At Auction Finance, we’re proud to partner with industry leaders like MAS Auctions to bring you unbeatable value and seamless financing solutions. Together, we’re making it easier than ever to own the vehicle or asset you’ve been dreaming of

📌 Stay tuned for more updates, and get ready for an exciting lineup of MAS Auctions events!

Tuesday, February 11, 2025

Don't Miss Out: ABSA's Upcoming Vehicle Auction – View This Friday & Secure Your Finance!

If you’re in the market for a quality used car at a great price, you won’t want to miss the upcoming ABSA Bank Vehicle Auction! With a wide selection of vehicles going under the hammer, this is your chance to secure a fantastic deal on a pre-owned car. Viewing days are this Friday, 14 February, and Monday, 17 February, so don’t wait – plan your visit now!

absa bank repossessed vehicle auction

Auction Viewing Details

Get an up-close look at the vehicles before bidding. This is a key step to making an informed purchase.

📅 Viewing Dates: Friday, 14 February & Monday, 17 February 2025
Viewing Times: 08h00 – 16h00
📍 Viewing Venues:

  • Absa Trade Centre: 8 Top Road, Boksburg

  • Absa Trade Centre: 13 Top Road, Boksburg

  • Tirhani Auctioneers: 4 Van Dyk Road, Benoni

Auction Schedule & Important Dates

💻 Auction Opens: Monday, 17 February @ 11h00
🔨 Auction Closes: Tuesday, 18 February (from 11h00, 2 lots closing per minute)
💰 Payments Due: By Wednesday, 19 February (Close of Business)
🚗 Vehicle Collection: 19 – 21 February (08h00 – 16h00) – No weekend or public holiday collections.

How to Participate

Joining this online auction is straightforward:

  1. Register on the bidding platform – Click ‘Register & Bid Online!’

  2. Receive an auction registration email – This will include auction rules, bidder participation forms, and document submission instructions.

  3. Upload your documents to the Tirhani Auctioneers Buyer’s Portal by 16h00 on Monday, 17 February 2025.

  4. Pay the refundable registration fee of R7,000 (refunded if no purchase is made or registration is unsuccessful).

  5. Ensure you have the required FICA documents as per Annexure A of the Rules of Auction.

📌 By registering, you agree to all auction rules. These are non-negotiable, so please review them carefully.

Secure Finance Before You Bid!

Don’t let financing be the reason you miss out on your dream car! Get pre-approved finance before the auction and bid with confidence.

💳 Fast & Easy Auction Finance Available
🔹 Competitive rates
🔹 Quick approvals
🔹 Hassle-free process

📞 Secure Pre-Approved Bank Finance, contact Lizette Muller on +27 72 105 8379 | www.auctionfinance.co.za
Auth. FSP34936

Why Attend the Viewing?

Attending the viewing lets you inspect the vehicles, verify their condition, and make an informed decision before placing your bid. With auctions moving fast, having a strategy is key – and nothing beats seeing the cars in person.

🚗 See the cars up close – Check mileage, condition, and features. 🔍 Spot the best deals – Identify the vehicles that fit your needs and budget. 📜 Get clarity on auction rules – Speak to auction representatives and clear any doubts.

More Information & Useful Links

📌 Tirhani Auctioneers Registration & Info: https://bit.ly/4aLB9cg
🌐 Visit Tirhani Auctioneers Website: www.tirhani.co.za

Final Thoughts

This is your chance to buy directly from ABSA, meaning transparent pricing and no hidden markups. Don’t miss out – head to the viewing this Friday or Monday, get pre-approved for finance, and be ready to bid!

📢 #ABSAauction #AuctionDeals #UsedCarsForSale #AuctionFinance #TirhaniAuctioneers #BankRepoCars

For more details, visit www.auctionfinance.co.za and secure your finance today!

Monday, November 18, 2024

Upcoming Park Village Auctions, National Vehicle Auction: Don’t Miss Out!

The search for your dream car just got more exciting! The National Vehicle Auction is happening on Wednesday, 20 November 2024, and it’s a golden opportunity to snag incredible deals on a wide range of vehicles from Standard Bank, BMW Financial Services, ABSA Bank, liquidators, and other financial institutions.

This live webcast auction ensures you can bid from anywhere, but remember—it’s all online, so pre-register now to avoid missing out.


Auction Details You Need to Know

🗓️ Auction Date: Wednesday, 20 November 2024, starting at 10:00
💻 Auction Type: Webcast (Online Only)
💵 Registration Deposit: R7,000-00
📍 Viewing Date: Tuesday, 19 November 2024, from 09:00 - 16:00
📍 Viewing Locations:

  • 221 Main Road, Martindale, Johannesburg
  • Quarry Place, Off Queen Nandi Drive, River Horse Estate, Durban
  • Cnr R64 & Valentia Road, Waterbron, Bloemfontein
  • ABSA Vehicle and Asset Finance Trade Centre, 142 Burman Road, Deal Party, Gqeberha (PE), Eastern Cape

Auction Catalogue & Terms

📜 Auction Catalogue:
Browse the full list of vehicles available at the National Vehicle Auction. Click below to view detailed information and images for each lot:
👉 View Auction Catalogue

📋 Auction Terms & Conditions:
Ensure you're familiar with the auction terms and conditions before placing your bid. Click below to review all the important details:
👉 View Auction Terms

💡 Pro Tip: Carefully review the catalogue and terms to ensure a smooth auction experience. Happy bidding!


Why Attend This Auction?

🚗 Over 200 vehicles available, ranging from sedans to SUVs, bakkies, and more!
🏦 Bank-Instructed Sale: Trusted and legitimate, no private sellers—only verified stock.
📃 Transparency: Complies with the Consumer Protection Act, ensuring fair trading.
🌐 Convenience: Bid from anywhere in South Africa via the online webcast platform.


Be Auction-Ready with Auction Finance

Don’t let finances hold you back! With Auction Finance, you can secure fast, hassle-free pre-approval before auction day, giving you the confidence to bid like a pro.

🔑 Why Choose Auction Finance?

  • Competitive interest rates
  • Quick and secure pre-approval process
  • Expert support every step of the way

🖱️ Apply Online Now: Visit www.auctionfinance.co.za
📞 Need Assistance? Contact our finance experts:

  • Johannesburg: Nondumiso Mzungu - +27 64 673 1349
  • Durban: Zanele Ngcongo - +27 73 031 8527
  • Bloemfontein: Celeste Steenberg - +27 82 374 5078

Tips for First-Time Auction Buyers

1️⃣ View Before You Bid: Visit one of the viewing venues on Tuesday, 19 November, to inspect the vehicles you’re interested in.
2️⃣ Know the Terms: All cars are sold "as is." Ensure you’re familiar with the lot and conditions of sale.
3️⃣ Get Pre-Approved: With Auction Finance, you’ll save time and avoid missing out on great deals.


Stay Updated!

Join our Auction Alerts WhatsApp Group for real-time updates and exclusive insights into upcoming auctions.
👉 Click Here to Join


Don’t wait—register, view, and get pre-approved today. Your dream car is just a bid away!

🚘 Auction Finance – Easy, Fast, Trusted. (Auth. FSP34936)


Wednesday, October 2, 2024

Over 350 ABSA Bank Cars on Auction: Don’t Miss Out on These Incredible Deals!

Are you looking for a great deal on a used car? Whether you're a first-time auction buyer or a seasoned pro, the upcoming ABSA Bank Auto & Commercial Vehicle Auction offers an unbeatable opportunity to secure a quality vehicle at a fraction of its usual price. With over 350 cars on auction, this is your chance to find the perfect vehicle and save big!

2023 VOLKSWAGEN POLO 1.6 (ODO : 37842

Why This Auction Stands Out

This isn’t your typical auction—these vehicles are genuine repossessions from ABSA Bank, meaning they’re priced to move fast. Buyers at this auction are fetching prices around 75-80% of the vehicle’s book value, offering significant savings compared to traditional dealerships. If you're in the market for a used car, this is the perfect event to secure a fantastic deal, especially when you compare the pricing to what’s on the dealer floor.

Auction Finance: Easy and Hassle-Free

What makes this auction even better is that Auction Finance is available on-site, with pre-approvals ready to get you bidding with confidence. If you’re serious about landing your next car, securing finance early can help you stay ahead of the competition. We’ve streamlined the process so you can apply online in minutes, saving you time and ensuring you’re prepared to bid when the auction begins. Get pre-approved today by clicking here: Apply Now.

An Extensive Variety of Cars

With over 350 vehicles on auction, you’ll have plenty to choose from! The auction includes a wide selection of cars and commercial vehicles, ensuring there’s something for every type of buyer. Whether you're in the market for a compact car, an SUV, or even a LDV, this auction has it all. Browse the full catalogue to find the perfect match for your needs and budget.

View the full catalogue here: ABSA Auction Catalogue.

Convenient Online Bidding

This auction is all about convenience. With online bidding available from Monday, 7th October 2024, you can place bids from the comfort of your own home, and the auction will wrap up via webcast on Tuesday, 8th October 2024 at 10:00 sharp. Plus, if you prefer to see the vehicles in person before making your bid, public viewing is available at the ABSA Trade Centre in Boksburg on Friday, 4th October, and Monday, 7th October from 09:00 to 15:00.

Auction Details:

  • Date: Tuesday, 8th October 2024 at 10:00
  • Online Bidding Starts: Monday, 7th October 2024
  • Viewing: Friday, 4th October and Monday, 7th October from 09:00 - 15:00
  • Venue: ABSA Trade Centre, 8 Top Road, Boksburg
  • Auction Type: Webcast
  • Vehicles Available: Over 350 cars on auction
  • Auctioneer T&C’s: View Terms

Secure Your Finance and Bid with Confidence

There’s nothing worse than finding the perfect car at an auction and realising you don’t have finance lined up. At Auction Finance, we make sure that doesn’t happen. Get pre-approved now and arrive prepared to bid confidently on auction day. Apply online in minutes by visiting Auction Finance Pre-Approval or contact Lizette Muller at +27 72 105 8379 or via email at lizette@auctionfinance.co.za. Auction Finance is an Auth. FSP34936

Stay Informed with Auction Alerts

Want to stay updated on upcoming auctions? Join our WhatsApp Auction Alerts Group for daily notifications on bank, fleet, and commercial vehicle auctions happening across South Africa. Be the first to know about the best deals and exclusive finance options by joining here: Join WhatsApp Auction Alerts.

Don’t miss out on this chance to drive away with a fantastic deal. Secure your finance today, explore the vehicles on offer, and be ready to bid when the auction starts.

Sunday, August 25, 2024

Auction Alert: Grab Low Mileage Vehicles and Winning Deals at the MFC Bank Auction

Mark your calendars for August 28th at 11:00 AM! The MFC Bank Vehicle Auction is gearing up to offer an incredible selection of vehicles. Whether you're looking for a sleek hatchback, a reliable SUV, or a robust pickup, this auction has something for everyone. And don’t worry if you can’t make it in person—there’s an option for both live and online bidding!

Green car lights at night with long exposure effect

Auction Details:

  • Date: August 28, 2024
  • Time: 11:00 AM
  • Location: M57 Pretoria Rd, Glen Marais, Kempton Park
  • Viewing Day: August 27, 08:00 - 16:00
  • Lots on Auction: 171 Vehicles
  • Catalogue: MFC Auctions Catalogue
  • Website: mfcauctions.co.za

What’s on Offer?
Explore a wide range of late model, low mileage vehicles, all ready for a new owner. Here’s a sneak peek at some of the exciting options available:

2024 Models:

  • Volkswagen Polo Vivo 1.4 Comfortline (5DR) - White - 9,080 km
  • Volkswagen Polo Vivo 1.4 Trendline (5DR) - Red - 13,041 km
  • Volkswagen Polo Vivo 1.4 Trendline (5DR) - Blue - 3,306 km

2023 Models:

  • Audi Q3 Sportback 35 TFSI Stronic S Line - White - 19,395 km
  • Chery Tiggo 4 Pro 1.5T Elite - Blue - 43,678 km
  • Citroën C3 1.2 Feel (61KW) - White - 15,581 km
  • GWM Steed 5 2.2 MPI Workhorse P/U S/C - White - 43,561 km
  • Hyundai i20 1.2 Motion - White - 27,975 km
  • Hyundai Venue 1.2 Motion - White - 26,802 km
  • Kia Sonet 1.5 LX CVT - White - 24,397 km
  • Mercedes-Benz GLE 400d 4MATIC - Bronze - 44,950 km
  • Toyota Hilux 2.8 GD-6 RB Raider A/T P/U D/C - Gray - 39,374 km
  • Toyota Quantum/Hiace 2.5 D-4D Sesfikile 16S - White - 59,421 km
  • Toyota Starlet 1.5 XI - Gray - 3,711 km
  • Volkswagen Polo Vivo 1.4 Comfortline (5DR) - Silver - 23,358 km

2022 Models:

  • Fuso FA9-137L F/C C/C - Tanker - White - 91,056 km
  • Hyundai Grand i10 1.0 Motion - Red - 14,207 km
  • Hyundai H100 2.6D A/C F/C D/S - Dropside - White - 100,670 km
  • Kia Rio 1.2 LS 5DR - White - 67,489 km
  • Opel Corsa 1.2 (55KW) - Orange - 30,311 km
  • Renault Koleos 2.5 Expression CVT - Silver - 45,640 km
  • Renault Kwid 1.0 Climber 5DR - Blue - 14,941 km
  • Toyota Starlet 1.4 XR - Red - 103,178 km
  • Volkswagen Polo 1.0 TSI Life - Blue - 91,976 km
  • Volkswagen Polo Vivo 1.4 Comfortline (5DR) - Silver - 23,358 km

Auction Finance Available: At Auction Finance, we make it easy to get behind the wheel of your dream car. Here’s how we can help:

  • Quick and Easy Application: Get pre-approved for financing and bid with confidence. Apply online at www.auctionfinance.co.za.
  • Competitive Rates: We offer financing options tailored to meet your needs.
  • Personalised Support: Our dedicated staff, including Carin Visser, is ready to assist you. Contact Carin at 082 654 7232 for support. Auth. FSP34936.

Don’t miss this fantastic opportunity to drive away in a late model vehicle with low mileage. Join us at the viewing day or bid online, and make sure to ask for Auction Finance to get the support you need. Carin will be available on-site to assist with any finance-related queries.

Happy bidding! 🚗💨

Sunday, August 4, 2024

The Secret Car Dealers Don't Want You to Know When Buying a Used Car!

Are you struggling to find a quality used car at a reasonable price? You're not alone. The landscape of buying used cars in South Africa has drastically changed, leaving many buyers with fewer avenues to purchase cars as affordably as they once could when buying privately listed vehicles online. Traditionally, those in search of a great deal would scour the internet for private sales. However, with the rise of big brand car buyers who are purchasing a significant portion of private cars for sale, the stock of available private listings is dwindling. This scarcity, coupled with an increase in online fraudsters scamming potential buyers with fake car listings, has made the process even more challenging.

Happy Black man smiling with his head sticking out of a car window


So, why aren't more people considering buying at auctions?

South Africa holds around 10+ auctions nationally each week, many of which offer online bidding. These are reputable bank auctions, big fleet company disposals, and commercial vehicle auctions, boasting a wide variety of popular makes and models, including many late models with low mileage and older, budget-friendly options.

Why Private Buyers Aren't Taking Advantage of Auctions

  1. Concerns Around Transparency of Online Bidding

    Many buyers worry about the transparency of online bidding. However, the auction industry has made significant strides in regulation and transparency over the past few years. Reputable auctioneers are members of the South African Institute of Auctioneers (SAIA), ensuring a level of trust and integrity.

    Additionally, if you see "Auction Finance" available, you can rest assured that this is the bank's approved finance arm facilitating finance at these reputable auctioneers across SA. To make it even easier, Auction Finance offer a free WhatsApp Auction Alerts service, listing genuine bank (ABSA, WesBank, MFC, and Standard Bank), fleet, and commercial auctions.

  2. Perception That Dealers Outbid the Private Sector

    There's a common misconception that dealers can outbid private buyers. In reality, vehicle pricing at auctions is dictated by the market. The bidding process considers various factors like vehicle mileage, condition, popularity, and even the weather on the day can effect the final bid!

    Dealers buy either to wholesale the car or to sell it off their dealership floor, meaning they still need to make a margin on reselling the purchase. Private buyers can still outbid dealers and, by buying a vehicle at auction between trade and retail, save on the dealer's reconditioning costs, which might include unnecessary cosmetics and the dealers mark-up.

  3. Lack of Awareness About Auctions

    Many private buyers simply aren't aware that these auctions are happening. While dealers are actively seeking new stock and keeping updated about auctions, few auctioneers have a significant presence in the marketplace. This is where staying in contact with our WhatsApp group can be incredibly beneficial, providing updates and sharing the link with family and friends.

  4. Unawareness of Available Finance at Auctions

    Perhaps the biggest reason people don't bid is that they don't know finance is available for auction vehicles. Auction Finance is available on-site at all reputable bank auctions across SA. Our staff is there to assist clients through the process, discussing finance options, and securing pre-approval. This takes the risk out of bidding, allowing bidders to participate with confidence. We guide them on maximum bids, considering various add-ons at the auction like VAT and buyer's commission if applicable.

Why Consider Auction Finance?

Auction Finance simplifies the buying process at auctions by offering pre-approved finance. This service not only helps you bid with confidence but also ensures you have a clear understanding of your budget and the associated costs. By securing finance in advance, you can focus on finding the perfect vehicle without worrying about last-minute financial arrangements.

Join Our WhatsApp Auction Alerts

Stay updated with the latest auction listings and never miss an opportunity to find a great deal. Join our WhatsApp Auction Alerts group for free and get access to genuine bank, fleet, and commercial auctions from reputable auctioneers like ABSA, WesBank, MFC, and Standard Bank. Share the link with your friends and family, and start taking advantage of these opportunities today.

Join our Auction Alerts WhatsApp group: https://chat.whatsapp.com/Cpa0FcnIQqSBf0BzXmPYD1

Auction Finance is an authorised financial services provider (FSP34936).


For more information and updates, visit our website or follow us on social media:

For commercial finance solutions, visit our Auction Finance Commercial Division: www.com-fin.co.za

Tuesday, July 30, 2024

Discover Late Model / Low-Mileage Toyota Quantums at the Upcoming MFC Bank Vehicle Auction!

Are you on the lookout for a reliable, late-model vehicle with low mileage? Look no further! Join us at the MFC Bank Vehicle Auction on July 31 at 11:00 AM, located at M57 Pretoria Rd, Glen Marais, Kempton Park. This auction offers both live and online bidding options, providing flexibility for all participants.

2024 TOYOTA QUANTUM/HIACE 2.5 D-4D SESFIKILE 16S COMBI/MINIB, 4727km


Featured Vehicles: Toyota Quantum/Hiace

We are excited to showcase a selection of Toyota Quantum/Hiace models, known for their durability and performance. These vehicles are perfect for both personal and business use. Below is the full list of Toyota Quantum/Hiace vehicles available at the auction:

YEARMAKE     
    MILEAGE
2023TOYOTAQUANTUM/HIACE 2.5 D-4D SESFIKILE 16S    28102km
2023TOYOTAQUANTUM/HIACE 2.5 D-4D SESFIKILE 16S    56406km
2023TOYOTAQUANTUM/HIACE 2.5 D-4D SESFIKILE 16S    109692km
2024TOYOTAQUANTUM/HIACE 2.5 D-4D SESFIKILE 16S    4727km
2023TOYOTAQUANTUM/HIACE 2.7 SESFIKILE 16S    47647km
2023TOYOTAQUANTUM/HIACE 2.7 SESFIKILE 16S    34225km


Auction Details:

  • Viewing Day: Tuesday, July 30, 08:00 - 16:00
  • Lots on Auction: 199 Vehicles
  • Catalogue: MFC Auctions Catalogue
  • MFC Website: mfcauctions.co.za

For the full catalogue, list of cars, and 360 photo gallery, visit: MFC Auctions.


Auction Finance Available:

  • Quick and Easy Application: Get pre-approved and bid confidently. Apply online at www.auctionfinance.co.za.
  • Competitive Rates: Enjoy financing options tailored to your needs.
  • Personalised Support: Our friendly staff, including Carin Visser, are ready to assist. Contact Carin Visser at 082 654 7232 for support. Auth. FSP34936.

Don't miss out on this opportunity to find great deals on late model vehicles. Ask for Auction Finance at the viewing! Carin will be available on-site to assist clients.

Stay updated with our Auction Alerts WhatsApp group. Join here: https://chat.whatsapp.com/Cpa0FcnIQqSBf0BzXmPYD1.

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