Friday, January 24, 2025

Buckle Up! Your Dream Ride Awaits in Next Week's Auctions!

Looking for your next car, truck, or piece of equipment? You're in the right place! Here's your ultimate guide to next week's auctions across South Africa. Whether you're after fleet vehicles, luxury cars, or agricultural equipment, this list has something for everyone. Explore auctions by region and day below:


Next week's auctions are packed with opportunities for savvy buyers to secure incredible deals on a wide range of vehicles and equipment. Don't miss the highly anticipated MFC Bank Vehicle Auction , offering an average of 200 vehicles with Dekra inspection reports to ensure peace of mind. Additionally, the monthly WesBank Luxury Online Vehicle Auction is back, featuring premium vehicles at unbeatable prices. Across the country, numerous commercial and agricultural auctions will also be taking place, presenting excellent savings for business buyers. Auction Finance is here to help—secure your pre-approval now and bid with confidence! Plus, we're excited to announce our partnership with View4You.co.za , offering expert inspection services for those needing a trusted assessment before purchasing. It's the perfect combination of savings, quality, and convenience!

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MONDAY, JANUARY 27

TUESDAY, JANUARY 28

WEDNESDAY, JANUARY 29

THURSDAY, JANUARY 30

FRIDAY, JANUARY 31

SATURDAY, FEBRUARY 1

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TUESDAY, JANUARY 28

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THURSDAY, JANUARY 30

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TUESDAY, JANUARY 28

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THURSDAY, JANUARY 30


Ready to Bid? Get Pre-Approved Finance!

Bid with confidence knowing your finance is sorted. Secure your pre-approved finance now and make your dream ride a reality.

👉 Apply here: https://www.auctionfinance.co.za/apply-now/

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Wednesday, January 22, 2025

De-mystifying Auction Trade Values: What Do They Really Mean?

If you’ve ever browsed an auction catalogue, you’ve likely noticed a “trade” or “retail” value listed next to each vehicle. This often sparks a common question: Is this the starting bid or the price the auctioneer wants? The answer is: neither. Let’s break it down to help you understand what these values mean and how they’re used in the auction and broader used car markets.

trade and retail

What is the Listed Value?

Auctioneers often list trade or retail values as a reference for buyers. These values are not set prices but rather guides based on industry-standard book values. These book values, published monthly, reflect market trends, depreciation, and the vast array of vehicle models, derivatives, and year combinations.

Understanding Trade and Retail Values

  1. Trade Value: The price a dealer is likely to offer if you sell your car to them. It’s generally lower as it accounts for the dealer’s costs to recondition and resell the vehicle.

  2. Retail Value: The price you might pay to buy the same car from a dealer, typically higher to include profit margins, warranty, and other dealer services.

These values are starting points, not fixed prices. For example:

  • A clean, low-mileage car of a particular make and model may fetch more than trade value.

  • Conversely, a car with damage, high mileage, or neglect may sell for significantly less.

How Dealers Use These Values

Dealers rely on trade and retail values to:

  • Make buying offers: A dealer factors in mileage, condition, and market demand to decide how much they can pay for a vehicle while leaving room for profit.

  • Set selling prices: They analyze the market to avoid pricing too high (risking no sale) or too low (losing potential profit).

Even vehicles with significant issues—like high mileage, accident damage, or non-runner status—have a value. The key is understanding that everything is for sale at the right price. For example:

  • A clean car of a specific make, model, and year will command higher trade and retail values.

  • The same car, if marked as salvage, will attract a much lower trade value but still holds value for parts or rebuilding.

Why These Values Matter at Auction

At auctions, vehicles are sold to the highest confirmed bidder, regardless of trade or retail values. Auctioneers list these values to help buyers estimate a vehicle’s market worth. However, the final price is determined solely by the bids on auction day.

Not all auctioneers display these values, and some may show only trade, retail, or both. This can vary depending on the auction house and the type of sale.

Tips for Using Trade and Retail Values When Bidding

  1. Inspect Carefully: Attend the viewing day to assess the vehicle’s condition. Look for signs of wear, damage, or neglect.

  2. Do Market Research: Compare similar vehicles online to understand what they’re being listed for by dealers or private sellers.

  3. Set a Budget: Use trade and retail values as guides, but factor in reconditioning costs, potential repairs, and auction fees.

  4. Be Savvy: Remember that vehicles on auction can sell below their book values. On average, cars at auction this quarter are fetching around 80% of trade value—an incredible opportunity for a well-informed buyer.

Why Auctions Are Worth It

Buying at auction can seem daunting, especially for first-time bidders, but the potential savings make it worthwhile. With proper preparation and a clear budget, you can secure a fantastic deal on your next vehicle.

For more auction tips and updates on bank, fleet, and commercial auctions, join our WhatsApp group: Auction Alerts.

And if you need finance to bid with confidence, Auction Finance is here to help. We offer pre-approvals so you can bid knowing your finances are secured. As an authorised financial services provider (FSP34936), we’re committed to helping you save.

Vehicle Inspection Services

While we don’t offer this directly, we’re happy to recommend a trusted partner: View4You. 

They provide detailed vehicle inspections.

If you’re bidding remotely or just want peace of mind, they’re the experts to trust! Visit their website to learn more: www.view4you.co.za.

Start your auction journey today. Great deals await those who do their homework and bid smartly




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Sunday, January 19, 2025

Your Guide to Park Village’s First National Vehicle Auction of 2025

The New Year kicks off with a bang as Park Village Auctions hosts its highly anticipated National Vehicle Webcast Auction! Whether you’re hunting for a quality used vehicle or need access to affordable finance, this event is your golden opportunity to score big. Mark your calendars for Wednesday, 22 January 2025, at 10:00 AM, and get ready to participate in an unparalleled online auction experience.

2022 AUDI A3 35 TFSI TIP (ODO : 40668)

What Makes This Auction Special?

This isn’t just any vehicle auction; it’s the first National Auction of 2025 for Park Village Auctions. Buyers across South Africa can bid on an impressive range of cars—from sedans to SUVs, and even commercial vehicles. With bank-instructed vehicles from reputable financial institutions like Standard Bank, BMW Financial Services, and ABSA Bank, every car listed comes with the assurance of quality and transparency.

Auction Details

Here’s everything you need to know:

  • Auction Date and Time:

    • Starts: Wednesday, 22 January 2025, at 10:00 AM

    • Ends: Closing begins at 10:00 AM on the same day

  • Auction Type: Online Webcast – join from anywhere in South Africa!

  • Vehicle Viewing:

    • When: Tuesday, 21 January 2025, from 9:00 AM to 4:00 PM

    • Where:

      • 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)

  • Auction Catalogue: Access the full list of vehicles:

Why Buy at Auction?

  1. Value for Money: Bank-instructed sales often mean vehicles are priced to sell, offering incredible deals.

  2. Transparency: You can inspect vehicles during the viewing day, ensuring you know exactly what you’re bidding on.

  3. Wide Variety: From luxury cars to practical runarounds, there’s something for every buyer.

Need Finance? Auction Finance Has You Covered

Buying a vehicle at auction doesn’t mean you need to have cash upfront. With Auction Finance, securing pre-approved bank finance is as easy as clicking a button. Get the financial flexibility you need to bid confidently and walk away with your dream car.

  • Why Choose Auction Finance?

    • Competitive rates tailored to your needs

    • Flexible repayment terms

    • Quick and hassle-free approvals

  • How to Apply:

    • KZN: Contact Dineshni Naidoo at +27 833 812 303

    • JHB: Reach out to Nondumiso Mzungu at +27 646 731 349

    • Apply Online: www.auctionfinance.co.za

Don’t wait until the last minute! Get pre-approved today and secure the financing you need to bid with confidence.  Auction Finance is an Authorised FSP. 34936

Top Tips for Auction Success

  1. Do Your Research: Browse the catalogue beforehand to identify vehicles that interest you.

  2. Inspect Thoroughly: Take advantage of the viewing day on 21 January to inspect the vehicles in person.

  3. Set a Budget: Know your financial limits and stick to them.

  4. Get Pre-Approved: Avoid the stress of last-minute financing by applying through Auction Finance.

Join the Action!

The Park Village Auctions National Vehicle Webcast Auction is the perfect chance to kickstart 2025 with an exceptional deal on a quality car. Don’t miss this opportunity to save big while enjoying the convenience of online bidding.

Visit www.auctionfinance.co.za to apply for finance, or explore the full catalogue at Park Village Auctions.

#AuctionFinance #ApplyNow #ParkVillageAuctions

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Tuesday, January 14, 2025

Here’s the full blog reposted for your convenience: Your Ticket to Big Savings: ABSA Bank Vehicle Auction

Looking for an affordable way to buy your next car? If you’re in the Eastern Cape or Free State, we’ve got exciting news for you! The upcoming ABSA Bank Vehicle Auction offers a fantastic opportunity to snag a reliable used car without paying full retail prices. Whether you’re a seasoned buyer or new to the auction scene, this is your chance to save big. Let’s dive into the details.

absa vehicle auction

Auction Highlights

  • Dates & Times:
    • Thursday, 16th January 2025, starting at 10:00.
  • Locations:
    • ABSA Vehicle and Asset Finance Trade Centre, 142 Burman Road, Deal Party, Gqeberha (PE), Eastern Cape.
    • Park Village Auctions Bank Asset Disposal Centre, c/o R64 & Valencia Road, Waterbron, Bloemfontein.
  • Viewing: Wednesday, 15th January 2025, from 09:00 to 15:00.
  • Auction Type: Webcast only—bid live online from anywhere!
  • Registration Deposit: R7,000-00 (fully refundable).
  • Catalogue:

Why Consider an Auction?

  1. Save Big: Auctions often feature vehicles priced well below dealership rates.
  2. Variety for Everyone: From late-model vehicles with low mileage to older, budget-friendly cars, there’s something for everyone.
  3. Genuine Bank Vehicles: These vehicles come directly from ABSA’s asset recovery program, ensuring quality and transparency.

Need Finance? We’ve Got You Covered!

Worried about financing your dream car? Auction Finance offers pre-approved loans, so you can bid with confidence knowing your finances are sorted.

  • For Gqeberha Buyers: Contact Nicol Palmer at +27 61 521 7518 or visit Auction Finance.
  • For Bloemfontein Buyers: Contact Celeste Steenberg at +27 82 374 5078 or visit Auction Finance.

Our quick and easy pre-approval process means you can secure your financing today! Auth. FSP34936

How to Join the Auction

  1. Register Online: Ensure your registration is complete by 9:00 on Thursday, 16th January 2025.
  2. Pay Your Deposit: A refundable deposit of R7,000-00 secures your participation.
  3. Bid Online: Join the webcast auction from the comfort of your home.

Stay in the Loop with Auction Alerts!

Want daily updates on bank, fleet, and commercial vehicle auctions? Join our WhatsApp group and never miss out on a great deal:
👉 Join Now

Terms and Conditions

For more details on auction rules, visit Park Village Auctions Terms.

Don’t miss this opportunity to drive away with a great deal. See you online at the ABSA Bank Vehicle Auction!

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Thursday, January 2, 2025

New Year, New Deals: Save Big at ABSA's January Vehicle Auctions!

As the new year kicks off, the rising cost of living and escalating vehicle prices have many South Africans searching for more affordable ways to own quality cars. This is where vehicle auctions come into play, offering buyers the chance to secure genuine repossessed vehicles directly from the bank—without the added dealer mark-up. ABSA’s January auctions feature a variety of hundreds of vehicles, including sedans, SUVs, and light commercial vehicles, offering buyers unparalleled savings and diversity. Plus, with Auction Finance, you can get pre-approved to bid with confidence at any of these events.

ABSA Boksburg

The first ABSA auction of the year is happening at the ABSA Trade Centre in Boksburg on Tuesday, 7 January 2025, and it’s shaping up to be a must-attend event. With over 200 vehicles on offer, this webcast auction provides an excellent opportunity to find your next car or light commercial vehicle.

AUCTION LISTINGS BY REGION

ABSA BANK VEHICLE AUCTION TITLE

Gauteng: ABSA Boksburg

ABSA Passenger & Light Commercial Vehicle Webcast Auction

  • Auction Type: Webcast
  • Catalogue: View Catalogue
  • Date: Tuesday, 07 January 2025 at 10:00
  • Auction Finance: Secure Pre-Approved Bank Finance, contact Lizette Muller at +27721058379 or apply online at www.auctionfinance.co.za
  • Location: ABSA Trade Centre, 8 Top Road, Anderbolt
  • Viewing: Friday, 03 January, and Monday, 06 January 2025 from 09:00 – 15:00
  • Terms & Conditions: View Terms

About this Auction

  • Over 200 vehicles.
  • Bidding Live Online starting on Monday, 06 January, 2025.
  • Webcast begins Tuesday, 07 January, 2025, at 10:00 AM sharp.
  • Registration closes at 9:00 AM on auction day.
  • All lots sold subject to a reserve price.

Gauteng: Tirhani Auctioneers, Benoni

Multi-Bank Online Vehicle Auction with ABSA Supplements

  • Auction Type: Online
  • Catalogue: In preparation (Join our WhatsApp Group for updates)
  • Date: Wednesday, 15 January, 2025, at 11:00
    Ends: Thursday, 16 January, 2025, at 11:00
  • Auction Finance: Secure Pre-Approved Bank Finance, contact Lizette Muller at +27721058379 or apply online at www.auctionfinance.co.za
  • Location: Tirhani Auctioneers, 4 Van Dyk Road, Benoni
  • Viewing: Tuesday, 14 January, and Wednesday, 15 January 2025, from 09:00 – 16:00
  • Terms & Conditions: View Terms

About this Auction

  • Multi-Bank Online Vehicle Auction.
  • All lots sold subject to a reserve price.

KwaZulu-Natal: ABSA Durban

ABSA Passenger & Light Commercial Vehicle Webcast Auction

About this Auction

  • Over 200 vehicles.
  • Bidding Live Online starting on Tuesday, 14 January, 2025.
  • Webcast begins Wednesday, 15 January, 2025, at 10:00 AM sharp.
  • All lots sold subject to a reserve price.

Eastern Cape: ABSA Gqeberha (PE)

ABSA Passenger & Light Commercial Vehicle Webcast Auction

About this Auction

  • Webcast Auction only – no live on-site bidding.
  • ABSA Bank Genuine Repossessed Vehicles.
  • Bidding Live Online starting on Wednesday, 15 January, 2025.
  • Webcast begins Thursday, 16 January, 2025, at 10:00 AM sharp.
  • All lots sold subject to a reserve price.

Free State: ABSA Bloemfontein

ABSA Passenger & Light Commercial Vehicle Webcast Auction

About this Auction

  • Webcast Auction only – no live on-site bidding.
  • ABSA Bank Genuine Repossessed Vehicles.
  • Bidding Live Online starting on Wednesday, 15 January, 2025.
  • Webcast begins Thursday, 16 January, 2025, at 10:00 AM sharp.
  • All lots sold subject to a reserve price.

Gauteng: ABSA Boksburg

ABSA Passenger & Light Commercial Vehicle Webcast Auction

  • Auction Type: Webcast
  • Catalogue: In preparation (Join our WhatsApp Group for updates)
  • Date: Tuesday, 20 January at 11:00  - 21 January at 11:00
  • Auction Finance: Secure Pre-Approved Bank Finance, contact Lizette Muller at +27721058379 or apply online at www.auctionfinance.co.za
  • Location: Absa Trade Centre 8 Top Road, Boksburg, 13 Top Road, Boksburg & Tirhani Auctioneers, 4 Van Dyk Road, Benoni
  • Viewing: Friday,17 January, and Monday, 20 January 2025 from 08:00 – 16:00
  • Terms & Conditions: View Terms

About this Auction

  • Over 200 vehicles.
__________________________________________________________________

Gauteng: Tirhani, Benoni

ABSA Commercial Asset Finance, Corporate De-Fleet Online Auction

  • Auction Type: Online
  • Catalogue: In preparation (Join our WhatsApp Group for updates)
  • Date: Tuesday, 28 January, 2025, at 11:00
    Ends: Thursday, 30 January, 2025, at 11:00
  • Auction Finance: Secure Pre-Approved Bank Finance, contact Lizette Muller at +27721058379 or apply online at www.auctionfinance.co.za 
  • Location: Tirhani Auctioneers, 4 Van Dyk Road, Benoni
  • Viewing: By Appointment Only: Monday, 27 January, 2025, from 09:00 – 15:00 (Contact Mpilo at +27 82 327 5391)
  • Terms & Conditions: View Terms

    Why Choose Auction Finance?

    Auction Finance makes it easy to secure pre-approved finance, letting you focus on finding the perfect vehicle at these auctions. As an Authorised Financial Services Provider (FSP34936), we offer a variety of solutions tailored to your needs. Apply online at www.auctionfinance.co.za.

    Stay Informed

    Want the latest updates on bank, fleet, and commercial auctions across South Africa? Join our WhatsApp group for daily alerts and exclusive early access to upcoming auctions: Join here!

    Don’t miss these incredible opportunities to save big on quality vehicles this January!

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    Thursday, December 12, 2024

    Don’t Miss the Last MFC Bank Vehicle Auction of the Year!

    As we approach the end of 2024, the highly anticipated final MFC Bank Vehicle Auction promises to deliver an unmatched buying experience for car enthusiasts and savvy shoppers alike. With over 200 vehicles on offer and exclusive perks for Auction Finance pre-approved clients, this is the event you’ve been waiting for!

    MFC BANK VEHICLE AUCTION


    Why This Auction Is Perfect for First-Time Buyers

    If you’re new to auctions, don’t worry—this is the ideal event to get started. Here’s why:

    • Transparency You Can Trust: Every vehicle comes with a detailed DEKRA condition report, giving you confidence in your purchase.
    • Drive-Through Auction Experience: See the cars in action as they roll through the auction floor, helping you make informed decisions.
    • On-Site Support: From expert auctioneers to our friendly Auction Finance team, you’ll have the assistance you need every step of the way.

    The Perks of Pre-Approval with Auction Finance

    Here’s where it gets exciting: Pre-approved Auction Finance clients skip the registration deposit required to bid! This means you can participate without the usual upfront costs.

    What’s more, pre-approved clients enjoy:

    • Exclusive Early Viewing Access: Get a head start with a private viewing on Monday, 16 December, from 08:00 to 16:00.
    • Seamless Bidding Experience: With your finance sorted, you can focus on finding your dream car.

    Massive Variety of Bank Stock 

    This auction isn’t just big—it’s massive! With over 200 vehicles ranging from compact sedans to family SUVs and sporty hatchbacks, there’s truly something for everyone. Plus, these vehicles come directly from the bank, meaning competitive starting prices and quality you can rely on.

    Can’t Attend in Person? Bid Online!

    If you can’t make it to the auction house, you can still join the action via the webcast online bidding facility. Register, log in, and place your bids in real-time from the comfort of your home or office.

    Event Details You Need to Know

    Auctioneer: MFC Auction House
    Date: Wednesday, 18 December 2024
    Time: 11:00 AM
    Location: M57 Pretoria Rd, Glen Marais, Kempton Park
    Public Viewing Day: Tuesday, 17 December, 08:00 AM – 16:00 PM

    Catalogue: Coming soon! Stay updated by visiting 👉 MFC Auction Catalogue.
    Terms & Conditions: Familiarize yourself here 👉 Auction T&Cs.

    Need Finance? We’ve Got You Covered!

    With on-site finance available and an easy online application process, Auction Finance makes buying at auctions a breeze.

    1. Apply Online Today 👉 www.auctionfinance.co.za
    2. Personal Assistance: Visit us at the auction floor and connect with:
      • Carin Visser: +27 82 654 7232
      • Chresti Mnisi: +27 66 123 1741

    Auth. FSP: 34936

    Stay Updated with Auction Alerts 📲

    Don’t miss out on any upcoming auction opportunities! Join our WhatsApp group for daily updates on bank, fleet, and commercial vehicle auctions across South Africa.

    Get instant notifications about new listings, auction details, and finance tips—right at your fingertips.

    👉 Join Our WhatsApp Group Here: https://chat.whatsapp.com/Cpa0FcnIQqSBf0BzXmPYD1

    Stay ahead of the game and never miss a great deal! 🚗💨

    Ready to Join the Action?

    This is your chance to snag a great deal and drive away in your dream car before the year ends. Don’t wait—apply for pre-approval today and make this auction your best shopping event of 2024!

    👉 Get Pre-Approved Now: www.auctionfinance.co.za

    We’ll see you on the auction floor! 🏁

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    Location: South Africa

    Friday, November 22, 2024

    How to Bid at the MFC Auction Without Paying the Registration Deposit

    Looking for a new ride? The upcoming MFC Bank Vehicle Auction is the perfect opportunity to find quality, affordable vehicles at below-market prices—and Auction Finance is making it easier than ever for you to participate! Here’s how you can take advantage of our exclusive pre-approved finance offer that eliminates the need for an auction registration deposit.

    handsome man in car smiling

    Event Details You Need to Know

    Auctioneer: MFC Auction House
    Date: Wednesday, 27 November 2024
    Time: 11:00 AM
    Location: M57 Pretoria Rd, Glen Marais, Kempton Park
    Public Viewing Day: 26 November, 08:00 AM – 16:00 PM
    Catalogue: Browse Vehicles Here
    Terms & Conditions: Read More
    Vehicles on Auction: 148 cars, each with a DEKRA condition report available online.

    Exclusive Access for Auction Finance Clients

    As an Auction Finance client, you gain access to perks that make bidding at this auction a breeze:

    1. No Registration Deposit Required
      Pre-approved clients with Auction Finance won’t need to pay the usual auction registration deposit. We’ll cover it on your behalf, so you can focus on securing your dream car.

    2. Exclusive Viewing Opportunity
      Pre-approved clients can enjoy an early viewing session on Monday, 25 November, from 08:00 AM – 16:00 PM, a full day before the public viewing. This gives you the edge to inspect and shortlist vehicles before anyone else!

    Special Support from @Sthe0051 on TikTok

    TikToker @Sthe0051 will be going live on TikTon on  Monday, 25 November, giving his followers an exclusive inside look at the auction vehicles. He’s also available to help you get registered and answer general questions about the auction.

    📲 Contact Sthe: +27825187313

    Don’t miss this chance to gain valuable insights and tips directly from someone in the know!

    Why This Auction Is Perfect for Buyers

    The used car market can be competitive and expensive, but auctions like this offer a fantastic alternative for savvy buyers. With 148 vehicles going under the hammer, there’s a wide variety to choose from, all with transparent DEKRA condition reports for peace of mind. Whether you need a reliable runaround or an upgrade, this is your chance to buy below trade value.

    How to Get Pre-Approved

    Getting pre-approved is simple, and it comes with huge benefits:

    1. Fast and Easy Application: Apply online today at 👉 https://tinyurl.com/2s6529zt.
    2. Personal Assistance: Visit us on the MFC floor at the auction house and ask for:
      • Carin Visser: +27 82 654 7232
      • Chresti Mnisi: +27 66 123 1741            

    Don’t Miss Out!

    With this deal, you get a head start in securing a car, bypass the hassle of upfront deposits, and enjoy exclusive access to pre-auction viewing. If you’re serious about finding a vehicle and need finance to make it happen, Auction Finance is here to help.

    Act now—get pre-approved today and get ready for a winning bid at the MFC Bank Vehicle Auction!

    Auth. FSP: 34936

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    Electric Vehicle Finance in South Africa: How to Choose and Finance the Right EV (2026 Guide)

    Electric vehicles have gone from niche to mainstream in South Africa faster than most people expected. Prices are coming down, choice is g...