Category: Auction News
Get up to the minute news from all auction houses
Park Village Auctions is proud to bring three stunning residential properties to marketin the affluent “upper highway” areas of Assagay and Winston Park, KwaZulu Natal.The upper highway, so called because of its location on the escarpment along theKing Cetshwayo Highway, is steeped in history, laden with luxurious homes setastride generous stands in an evergreen kloof.“Residents […]
Park Village Auctions has announced a significant “office furniture clearance auction”featuring assets from Ellies Electronics (Pty) Limited, a prominent South Africanelectronics company currently in business rescue.This sale comes in the wake of Ellies Holdings Limited being placed into voluntarybusiness rescue proceedings and subsequently recommended for liquidation.The auction, set to commence on Wednesday, 10 July, at […]
JOHANNESBURG – Park Village Auctions (PVA) is sounding the alarm on the rising tide ofsophisticated auction scams targeting unsuspecting buyers. These fraudulent schemes,which have plagued the industry for years, are becoming increasingly elaborate and difficultto detect.“We’re seeing an alarming escalation in auction-related fraud,” says Clive Lazarus of PVA.“Scammers are employing advanced social engineering tactics to […]
South Africans typically flock to dealerships and private sellers when purchasing anew car. However, auctions are an option that provides significant value that shouldnot be overlooked. That’s the word from Park Village Auctions’ Clive Lazarus, whoshares some key considerations for purchasing an auction vehicle.Cost-effectiveness“Affordability is at the top of everyone’s list whether buying new or […]
Park Village Auctions has announced its next commercial vehicle auction featuring erigid trucks, truck trailers, and agricultural and earthmoving equipment. This timearound, a 2018 Caterpillar 980L wheel loader and a 2015 Ammann 500 E paver arenotable lots, “paving the way to exceptional savings,” says PVA’s Clive Lazarus.Lazarus: “In South Africa’s current economic climate, purchasing trucks, […]