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Repo Auctions: Relief Amid Commercial Vehicle Supply Chain Disruption

As the spread of Covid-19 (novel coronavirus) causes global vehicle manufacturing operations to come to a near halt, Park Village Auctions’ LeRoy Augustyn suggests that repossessed commercial vehicle auctions provide relief to the local market.  

“Pandemic aside, auctions have long provided fleet and logistics managers with the opportunity to replenish their commercial vehicle stock at lower-than-dealer prices.

Repossessed vehicles are often late models, well cared for and have low mileage, so they make for good buys—especially when the economy bites.

Now, as global commercial vehicle stock is threatened along with fluctuating oil prices and higher emissions taxes, savvy commercial vehicle buyers need an affordable and reliable source of quality used vehicles when their assets have reached end of life.”

LeRoy Augustyn

Park Village Auctions holds monthly commercial vehicle auctions, which feature genuine bank repossessed trucks, trailers, and yellow metal. The next sale of this nature is taking place on Thursday the 26th of March at 10:30 at gate number 2 of the Nasrec showgrounds in Johannesburg.

The upcoming auction will bring to market truck and tractors from manufactures such as Fuso, International, Mercedes-Benz, Freightliner, MAN TGA, Scania, Iveco, Renault, Volvo, and Mitsubishi as well as Nissan UD40, 80 and 90, Toyota Dyna, Hino and Tata rigid trucks.

Trailers on offer comprise flat deck link trailers, SA Truck Bodies, Henred Fruehauf, Afrit and Motor Trail flat deck and side tippers, Tautliner trailers, skidsteer loaders, excavators, backhoe loaders and tractors.

Notable lots on the block include a Tandano TR250 Mobile Crane, a UD Quon GW 26-490, a Kverneland CLG-11 Cultivator/Plough, a Caterpillar C5533E XL Pad Foot Roller, and a Werner SA Pumps Jetting Machine.

Interested bidders can preview the assets on-site on Wednesday the 25th of March from 9 am to 4 pm, or obtain more information from Park Village Auctions by calling 011 021 8376.


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