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Live Online National Car Auction Announced

Park Village Auctions has announced that its next national bank repossessed webcast auction will be on Wednesday, the 12th of October.

That’s the word from PVA’s Clive Lazarus, who believes now is an opportune time to buy as the market rebounds ahead of the festive season.

Assets on offer range from luxury SUVs and executive sedans to hatchback and mid-range passenger cars, commercial vehicles and even superbikes to suit every appetite.

The vehicles are genuine bank repossessed vehicles stemming from Standard Bank, BMW Financial Services, ABSA Bank, liquidators, and other financial houses.

Clive: “We’re seeing some brands come back from Covid and, with that, I foresee auction vehicle prices somewhat softening. The timing (as dealers start to stock up for Christmas) means that now is an ideal time for buyers to acquire quality second-hand vehicles at highly competitive rates.

“If you’re in the market for a more fuel-efficient set of wheels, or your undergrad’s run-around, the next online auction will present many viable options.”

While the live auction will be entirely virtual, interested bidders can view the vehicles at a local PVA branch from 9:00-16:00 on the 11th of October as follows:

  • Gauteng: 221 Main Road, Martindale, Johannesburg.
  • KwaZulu-Natal: Quarry Place, Off Queen Nandi Drive, River Horse Estate, Durban.
  • Free State: Cnr R64 & Valentia Road, Waterbron, Bloemfontein.

The webcast auction will start at 10:30 sharp on the 12th. To register or find out more information, visit web reference 1080.


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