Late-model ABSA fleet heads to auction with 2025 vehicles and low-mileage stock

A notably late-model selection of bank fleet vehicles is heading to auction in October, with Riley Auctions Africa preparing to sell an ABSA fleet located across Gauteng, KwaZulu-Natal, Cape Town and Gqeberha.

The timed online auction opens on Thursday, 8 October and begins closing from 10:00 on Friday, 9 October 2026. What makes this particular sale stand out is the age and mileage of some of the vehicles appearing in the catalogue.

Among the most prominent entries is a sizeable selection of Haval H6 2.0T Luxury 4x4 DCT models. The catalogue includes both 2024 and 2025 examples, with several of the 2025 vehicles showing less than 30,000 km. One is listed with just 17,292 km displayed.
Also attracting attention are three 2025 Omoda C9 2.0T Inspire models with particularly low displayed mileage. Riley Auctions Africa lists the three vehicles at just 3,450 km, 2,677 km and 2,199 km respectively.

The catalogue broadens from there. Five 2025 Suzuki Ciaz 1.5 GL automatics are listed, with displayed mileages ranging from 14,760 km to 22,115 km, while a 2024 Volkswagen T-Roc 1.4 TSI Design Tiptronic also forms part of the line-up.

Another interesting feature of this auction is its national footprint. Rather than all the vehicles being held at a single auction yard, the ABSA fleet is spread across four viewing locations: Samrand Business Park in Centurion, Isipingo in Durban, Montague Gardens in Cape Town and Overbaakens in Gqeberha.

Prospective buyers can inspect vehicles by appointment from 5 to 7 October, between 09:00 and 15:00, before bidding gets underway online.

For buyers looking for newer used vehicles, the concentration of recent-model stock makes this a catalogue worth exploring. As with any auction purchase, buyers should inspect the vehicle they are interested in and review the individual lot information and auction conditions before bidding.

For buyers considering finance, Auction Finance can assist with applications on qualifying vehicles, subject to normal credit and lender criteria. Getting finance assessed ahead of the auction can help buyers understand their position before placing a bid.

Bouwer Bekker | 082 829 7564
Auction Finance | Creative Finance Solutions | Auth. FSP 34936

Auction and vehicle information supplied by Riley Auctions Africa. Odometer readings quoted are as displayed in the auction catalogue and the catalogue remains subject to change.

Strong agricultural line-up heads to auction between Lichtenburg and Koster

Farmers and agricultural businesses in North West will have a sizeable selection of machinery and equipment to consider when Brocor Auctions brings the Grootpan sale to auction on Thursday, 8 October.

Taking place at Du Preez Landgoed between Lichtenburg and Koster, the auction brings together tractors, planting and harvesting equipment, agricultural implements, trucks, bakkies and other farm assets in one substantial agricultural sale.

A look through the catalogue shows that this is considerably more than a small farm clearance. Among the tractor line-up is a 2019 Case Magnum 380, together with a New Holland T7040, John Deere 6820, 6630 and 6125M, and a Massey Ferguson 6475.

The implement selection is equally broad. Two John Deere 1720 planters feature in the catalogue, including a 16-row unit with a precision system, alongside a 2025 Massey Ferguson 1840, Claas Disco 320 mower, Unia round baler, Challenger sprayer and a range of tillage, fertiliser and planting equipment.

There is heavier equipment too, including a 2011 SEM 639 front-end loader, while the wider sale extends into vehicles and livestock transport with a Ford F-Series and double-axle cattle trailer also appearing in the catalogue.

That mix is what makes this auction interesting. Instead of concentrating on one type of asset, it gives farmers and agricultural businesses an opportunity to look across several areas of an operation, from tractors and planting equipment to spraying, loading, transport and general implements, in a single sale.

The Grootpan auction takes place at 10:00 on Thursday, 8 October 2026 at Du Preez Landgoed, between Lichtenburg and Koster, with Brocor Auctions conducting the sale.

For buyers considering finance, Auction Finance can assist with finance applications on qualifying assets, subject to normal credit and lender criteria. Buyers interested in financing an auction purchase are encouraged to speak to us before bidding.
Celeste Steenberg | 082 374 5078
Auction Finance | Creative Finance Solutions | Auth. FSP 34936

Auction and asset information supplied by Brocor Auctions. Buyers should inspect assets and refer to the auctioneer's catalogue and conditions of sale before bidding.

HEAVY MACHINERY LINE-UP PUTS KZN AUCTION ON THE RADAR THIS OCTOBER

KwaZulu-Natal’s construction and transport sectors will have a sizeable line-up of equipment to consider next week, as a major mixed auction brings construction plant, trucks, trailers and vehicles to Shakaskraal on Tuesday, 6 October.

The sale, being conducted by WH Auctioneers on behalf of WesBank, Capitec and liquidators, stands out particularly for the depth of heavy construction equipment heading under the hammer.

Among the headline lots are several unused 2026 machines, including JCB JS205 and JCB 215 excavators, a Hyundai R210 excavator, Hyundai R340L, Kobelco SK380XDLC-10 and a SEM 920F grader with ripper.

They will be joined by established heavy-equipment names including a 2022 Caterpillar 140GC grader, Caterpillar 320D excavator, Caterpillar 349D2 and Volvo EC240BLC, giving contractors and plant operators a considerable range to work through before auction day.

And this isn't exclusively a yellow-metal sale.
The wider catalogue stretches across TLBs, wheel loaders, rollers, tipper trucks, truck tractors, trailers, forklifts, tractors, generators, rollbacks and lowbeds, together with vehicles, containers, solar equipment and tools.

Truck buyers can also expect names including Mercedes-Benz, MAN, Scania, Isuzu and FAW amongst the broader line-up.
For KZN buyers, the auction is also another sign of a growing auction presence in the region from WH Auctioneers. While WH is not new to KZN, its regional auction programme is still relatively young, and its recent sales have increasingly brought substantial commercial and industrial stock into the local auction calendar.

The assets can be inspected at WH KZN, Woodmead Industrial Park in Shakaskraal, with viewing available on Friday, 2 October and Monday, 5 October from 09:00 to 16:00.

Bidding gets underway at 10:30 on Tuesday, 6 October, with buyers able to participate either live or online.

For businesses considering qualifying trucks, vehicles or equipment, pre-approved finance is accepted at the auction. Auction Finance can assist buyers in establishing their finance position before bidding, subject to the asset and normal credit criteria.
Dineshni Naidoo | 082 111 2223
Auction Finance | Creative Finance Solutions | Auth. FSP 34936

Auction and asset information supplied by WH Auctioneers. Buyers should consult the official catalogue for individual lot specifications and full auction conditions.

ABSA BANK VEHICLE AUCTION: OVER 200 VEHICLES AND A VERY DIFFERENT PICTURE OF BUYING USED

For many South Africans, the words “vehicle auction” still conjure up a fairly predictable image: older cars, high mileages, questionable condition and a buying environment best left to motor dealers and people who know their way around a workshop. The upcoming Absa Bank Passenger and Commercial Vehicle Auction, hosted by Park Village Auctions in Boksburg, makes a compelling case for looking at the auction market differently. Scheduled for Tuesday, 8 September 2026 at 10:00, the bank-instructed webcast auction is currently advertised with more than 200 genuine Absa repossessed passenger and commercial vehicles. Bidding opens online on Monday, 7 September, before the catalogue is taken through lot by lot via webcast on Tuesday morning.

This is not simply a collection of old cars

Scroll through the catalogue and the breadth of stock is immediately apparent. There are affordable everyday cars, SUVs, premium vehicles, bakkies and commercial vehicles from many of the brands South Africans know well. More importantly, there are some remarkably late-model vehicles in the mix. Among the vehicles currently listed is a 2025 Volkswagen Polo Vivo 1.6 Life Tiptronic with just 17,560 km, while a 2025 Chery Tiggo 4 Pro 1.5T is showing 28,549 km and a 2025 Jetour Dashing 1.5T Deluxe just 27,019 km. Move into the bakkie section and the point becomes even clearer. A 2026 Ford Ranger 2.0D XL Double Cab is listed with only 9,472 km, while a 2026 Nissan Navara 2.5DDTi PRO-2X automatic double cab shows just 10,801 km. There is also a 2024 Ford Ranger Wildtrak, a 2023 Isuzu D-Max and several other commercial options in the catalogue. That is a very different proposition from the stereotype many private buyers still associate with bank auctions.

Why do these vehicles end up at auction?

A repossessed vehicle is not automatically a damaged or mechanically troublesome vehicle. In straightforward terms, repossession generally happens because the borrower has defaulted on the finance agreement. Once the necessary process has been completed, the financial institution may sell the vehicle through auction to recover the outstanding debt. The reason a vehicle reaches an auction therefore relates primarily to the finance agreement, not necessarily to the mechanical condition of the vehicle. That distinction matters. A late-model vehicle with low mileage can be repossessed just as an older, higher-mileage vehicle can. The current Absa catalogue demonstrates precisely that.

At the same time, buyers should not swing too far in the other direction and assume that every auction vehicle is pristine. It isn't. The same catalogue contains vehicles where Park Village specifically records hail damage, warning lights, previous repairs, mechanical issues and, in some instances, non-runners. That transparency is valuable because it allows a prospective buyer to distinguish between very different types of stock rather than treating every auction vehicle as though it carries the same risk. Park Village itself makes the buyer's responsibility clear: catalogue descriptions are provided as guidance, buyers should satisfy themselves as to condition and accuracy, and physical inspection is recommended where possible. Viewing for this auction is scheduled for Monday, 7 September from 09:00 to 15:00 and again on auction morning from 08:00 to 10:00. For a private buyer, that is perhaps the most important rule of auction buying: do the homework before raising your hand.

Where the opportunity lies

Price remains one of the principal reasons auctions attract professional motor traders, but increasingly private buyers are beginning to look at the same marketplace. Auction pricing is typically approached differently from dealer retail pricing. AutoTrader's guide to repossessed vehicle auctions notes that reserve prices are generally considered against used trade value together with factors such as mileage and condition, and cites experienced auctioneers saying reserves can sit below conventional retail-market levels. That does not mean every vehicle bought at auction is automatically a bargain, nor should a buyer assume that every winning bid will be below trade value. Competitive bidding can change the final price quickly. What auctions offer is the opportunity to buy differently.

The sensible buyer establishes the vehicle's market value beforehand, examines the condition, reads the auction terms, accounts for buyer's commission, VAT and applicable fees, decides on a maximum all-in price and then sticks to it. On the current Absa auction, for example, individual catalogue listings show a 5% commission and a R2,608.70 facilitation fee, with VAT treatment also disclosed. Those costs need to form part of the calculation before deciding what constitutes a good buy. That is where the difference between cheap and good value becomes important. The objective should never simply be to win the bid. It should be to buy the right vehicle at the right total price.

Auctions are no longer just for cash buyers

Another misconception that has kept many private buyers away from auctions is the belief that you need to arrive with enough cash to settle the vehicle outright. On this Absa auction, pre-approved finance is available through Auction Finance. Park Village specifically states this in the auction information. There is an additional advantage for buyers who arrange that finance before registering. The standard registration deposit for this auction is R7,000, but Park Village confirms that clients with pre-approved Auction Finance can register to bid without paying that deposit, provided the auctioneer has received the required confirmation from Auction Finance.

That changes the experience considerably for a private buyer. Instead of seeing something desirable in the catalogue and only then trying to work out whether it can be financed, the buyer can establish affordability and obtain pre-approval beforehand, inspect and research the vehicles that fit the budget, and approach auction day knowing where the financial boundaries lie.

Perhaps it is time private buyers looked at auctions differently

South Africa's used-car market has traditionally placed the dealership between the wholesale vehicle market and the consumer. Auctions offer buyers an opportunity to look further upstream. That comes with responsibility. Auction vehicles are sold under auction conditions. Buyers need to understand those conditions, inspect carefully, research values and resist getting carried away once bidding starts. But the reward is access to an extraordinarily broad pool of vehicles.

The upcoming Absa sale is a good illustration. In one catalogue a buyer can move from inexpensive everyday transport to SUVs and premium cars, then into double-cab bakkies and commercial vehicles. At the newer end of that catalogue sit 2025 models and even 2026 vehicles with fewer than 11,000 kilometres on their odometers. That alone should challenge the idea that a bank auction is simply somewhere old, worn-out vehicles go to be disposed of.

For somebody already considering a used vehicle, an auction does not have to replace the traditional dealership. But with the right research, a proper inspection, a firm bidding limit and finance arranged before auction day, it deserves to be considered alongside it. The Absa Passenger and Commercial Vehicle Auction takes place online through Park Village Auctions on Tuesday, 8 September 2026 from 10:00, with registration closing at 09:00 that morning.

Finance enquiries and pre-approval: Leatitia Jansen van Rensburg | 082 960 9506 | Auction Finance | Authorised FSP 34936   VIEW CATALOGUE 

The Best Kept Secret in the South African Auction World Is About to Become a Lot Less Secret

And once you know about it, you will wonder how you ever bought without it.

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There is a particular kind of frustration that anyone who has ever hunted seriously for a vehicle, a truck, a tractor, a piece of plant equipment or a commercial asset at auction knows intimately.

You hear about the sale on a Wednesday. It happened on a Tuesday. The lot you would have driven three provinces for sold for a price that would have made your eyes water in the best possible way. And you missed it. Not because you were not looking. But because nobody told you it was happening.

That frustration has a name. It is called not being on the right list.

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The Way the Auction World Has Always Worked

South Africa has a thriving auction ecosystem. Bank instruction sales releasing repossessed vehicles and commercial assets. Fleet disposals from companies rotating their transport infrastructure. Government auctions. SAIA-registered auctioneers running weekly and monthly sales across every province covering vehicles, commercial trucks, agricultural equipment, yellow metal, loose assets and non-runners.

The combined value moving through this system every week is staggering. And for the right buyer, the right lot at the right auction represents genuine opportunity. The kind of deal that does not exist anywhere else in the market.

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Finding reliable, consolidated information about what is actually happening in the South African auction market on any given week has always required more effort than it should. A buyer serious about not missing the right sale has historically had to monitor multiple websites, follow numerous social media pages, stay active in various WhatsApp groups and still hope that something important does not slip through the gaps.

Nobody, until now, sat down and said: what if we compiled everything?

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What Everything Actually Looks Like

Every week, from Monday through to Sunday, auctions take place across South Africa in every category a serious buyer could be interested in.

Vehicles. Commercial trucks and trailers. Agricultural equipment. Yellow metal. Government assets. Fleet disposals. Bank instruction sales. Loose assets. Non-runners. Regional sales from Limpopo to the Western Cape, KwaZulu-Natal to the Northern Cape, the Free State to Gauteng and every point in between.

Each of these sales has a landing page. A catalogue. A registration process. Information that a buyer needs to plan their week, arrange their finance, travel to the right location or log into the right simulcast at the right time.

Auction Finance compiles all of it. Every week. Into a single, free, weekly email that lands in your inbox before the week begins.

Not a curated shortlist. Not a partial picture.Every reputable SAIA-member auctioneer. Every banking partner. Every fleet disposal. Every category. Every region. With a direct link to the auctioneer's own landing page so you can go straight to the catalogue, the lot list and the registration without hunting through a search engine hoping the right result appears.

It is, in the most straightforward sense, the most comprehensive weekly auction intelligence available in South Africa. And it is completely free.

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Who This Was Built For

The private buyer who knows that auction floors carry exceptional value and simply wants to be first to know when the right opportunity appears.

The dealer who needs to know what stock is moving through auction floors nationally before deciding where to send their buyer.

The transport operator who is replacing aging fleet and wants to know every bank instruction and fleet disposal happening this month before committing to a single purchase.

The agri buyer who does not want to miss a tractor or irrigation equipment sale in a neighbouring province because nobody thought to mention it.

The auction hunter. The opportunist. The professional buyer who has built a business on finding the right asset at the right price and knows that information is the most valuable commodity in that game.

For all of these people, the weekly Auction Finance alert is not a newsletter. It is a competitive advantage.

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The Catch

There is not one.

No subscription fee. No obligation. No hidden agenda buried in the fine print. One email per week. Every auction worth knowing about. A direct link to the information you need. An unsubscribe button that works the first time you click it.

The only thing Auction Finance asks is that if you find it useful, you share it. With the dealer in your network who is always asking where to find stock. The farmer who never seems to know about the agri sale two towns over. The friend who has been talking about buying a bakkie at auction for six months and somehow never manages to find the right sale at the right time.

South Africa has an extraordinary auction ecosystem. The buyers who access it most effectively are the ones who know what is happening before it happens. This is the simplest possible way to become one of those buyers.

Subscribe in thirty seconds. Unsubscribe just as easily if it is ever not for you. Tell someone who would find it as useful as you will.

A proud initiative from Auction Finance. Too good to keep to yourself.

📩 tinyurl.com/AuctionAlerts

Auction Finance. Creative Finance Solutions. Auth. FSP 34936. auctionfinance.co.za

A Changing Vehicle Market Is Creating New Buying Opportunities

 A recent TopAuto article highlighted a significant shift in South Africa's vehicle market. According to research referenced by the Automobile Association (AA), more than 90% of South African motorists are keeping their vehicles for longer, as the cost of replacing them continues to rise.

The article also points out that vehicles on South African roads are getting older, placing even greater importance on regular maintenance, preventative servicing and careful ownership to maximise reliability and longevity.

Fortunately, today's buyers have more options than ever before.

Looking beyond the traditional dealership

While many motorists automatically begin their search at a dealership, an increasing number of savvy buyers are discovering the value available through Bank, Fleet and Commercial Vehicle Auctions.

These auctions offer access to an extensive range of vehicles from banks, finance houses, fleet operators, rental companies, government departments and corporate fleets. From hatchbacks and family SUVs to bakkies, commercial trucks, plant and machinery, auctions provide buyers with access to thousands of vehicles entering the market every month.

One of the biggest advantages is value.

Many auction vehicles sell well below traditional retail pricing, allowing buyers to stretch their budgets further or step into a newer, higher-specification vehicle than they may have initially considered.

More choice. More opportunities.

South Africa's auction market is incredibly diverse. Every week, auctions take place across the country featuring:

• Passenger vehicles
• SUVs and bakkies
• Commercial trucks
• Fleet replacement vehicles
• Repossessed vehicles
• Construction and agricultural equipment
• Plant and machinery

Whether you're buying your first car, upgrading your family vehicle or expanding your business fleet, auctions present opportunities that many buyers simply don't realise exist.

One place to find them all

Knowing where and when these auctions are taking place can be the biggest challenge.

That's why Auction Finance brings together one of South Africa's most comprehensive listings of upcoming Bank, Fleet and Commercial Vehicle Auctions in one convenient location.

Browse upcoming auction events nationwide, discover new buying opportunities, and take the first step towards finding your next vehicle.

View upcoming auctions today:
https://auctionfinance.co.za/auction-events/

Smarter buying starts with knowing where the opportunities are.

What If Rising Interest Rates Are Actually Making Auctions More Attractive?

If you've been following the economic headlines lately, it's easy to believe that vehicle ownership in South Africa is becoming increasingly difficult. Fuel prices have risen sharply, inflation has started moving higher again, and the South African Reserve Bank recently increased interest rates, placing additional pressure on consumers who rely on vehicle finance.

Yet, despite these challenges, South Africa's vehicle market continues to show remarkable resilience. According to Naamsa, more than 51,000 new vehicles were sold in May 2026, making it the strongest May performance since 2013. Consumers are clearly still buying vehicles, but the reasons behind those purchases are changing.

The days of buying purely on emotion appear to be fading. Today's buyers are far more focused on affordability, fuel efficiency, practicality and long-term ownership costs. They are asking tougher questions and paying closer attention to where their money goes. Most importantly, they are looking for value.

This shift in thinking may create one of the biggest opportunities the South African auction market has seen in years.

For decades, vehicle buyers have typically focused on finding the right vehicle before considering the finance. In today's environment, however, many consumers are approaching the process differently. Instead of asking what vehicle they can afford each month, they are asking how they can reduce the amount they need to finance in the first place.

It is a subtle difference, but an important one.

Every rand saved on the purchase price is a rand that does not need to be borrowed. It is a rand that will not attract interest for the next six years. In a market where fuel prices, insurance costs and interest rates all continue to exert pressure on household budgets, purchase price has become one of the most powerful tools available to consumers.

This is one of the reasons why auctions continue to attract increasing attention from informed buyers.

What many South Africans do not realise is the sheer scale of the country's auction industry. Every week, banks, fleet operators, liquidators and businesses release thousands of assets into the market. Passenger vehicles, bakkies, trucks, commercial fleets, agricultural equipment, construction machinery and industrial assets are sold through auctions taking place across every major province.

The challenge for most buyers is not finding value. The challenge is finding the opportunities before everyone else does.

Many people only discover an auction after it has closed. Others follow a single auctioneer and remain unaware of opportunities taking place elsewhere. Yet on any given week there may be dozens of vehicle, fleet, commercial and agricultural auctions taking place throughout South Africa.

This is where information becomes valuable.

As the market evolves, buyers who know where to look are increasingly finding opportunities that many others never see. Access to comprehensive auction information, upcoming catalogues, viewing dates and stock listings has become just as important as access to finance itself.

At Auction Finance, we have spent years building relationships with many of South Africa's leading auctioneers. The result is one of the country's most comprehensive collections of upcoming bank, fleet, commercial and agricultural auction listings. From repossessed vehicles and ex-fleet stock to trucks, yellow metal and farming equipment, our objective is simple: to help buyers discover opportunities across the national auction market.

While much of the conversation around the economy focuses on rising costs, informed buyers are focusing on something different. They are focusing on value.

Economic uncertainty does not stop assets from changing hands. Banks still dispose of stock. Companies still replace fleets. Businesses still liquidate surplus equipment. Opportunities continue to appear every day.

The difference is that in tougher economic conditions, those opportunities often become more important than ever.

Perhaps the real story of 2026 is not that interest rates have increased or that fuel costs are higher. Perhaps the real story is that South Africans are becoming smarter buyers, looking beyond traditional purchasing channels and discovering opportunities that have been hiding in plain sight all along.

To view upcoming auctions on our platform, visit http://auctionfinance.co.za/auction-events/. Sort by region, bank or auction type and find direct links to auctions happening daily across South Africa. Finance is available at these auctions through Auction Finance.

Auth. FSP 34936