South Africa

500 Passenger and Commercial Vehicles to Be Sold in 7 Days

Park Village Auctions has set an ambitious goal to auction over 500 vehicles between three auctions taking place over one week.

That’s the word from PVA’s Clive Lazarus, who says that the sales cater to all manners of tastes and budgets, offering a wide variety of passenger and commercial vehicles.

Lazarus: “The market’s appetite for passenger and commercial vehicles remains steady, but it all comes down to affordability.

“Price is still main the driver behind purchasing decisions. That’s what makes genuine bank repossessed auctions attractive. Bidders know that they can find reliable cars—that are often in warranty—at lower than dealer rates.”

The assets on offer range from entry-level hatchbacks and utility bakkies to luxury sedans, 4x4s and SUVs.

The bonanza begins with two ABSA-verified repossessed vehicle auctions. The first will see assets located at the ABSA trade centre, 8 Top Road, Anderbolt, Boksburg, sold. It commences with pre-bidding at 10 am on Monday the 7th of June and concludes in lot number order via Webcast from 10 am on Tuesday the 8th of June.

Interested bidders can view the assets by appointment on Friday the 4th and Monday the 7th of June between 9 am and 3 pm. Strict COVID screening and safety protocols will apply.

After that, PVA will host a similar auction of ABSA assets, this time located in Durban, starting on the 9th of June. The final auction, which will be webcast only, will comprise vehicles found throughout the country on the 15th.

For more information or to register for either of these auctions, visit www.parkvillageauctions.co.za.

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