Car Auctions Africa

Cape Town car auctions selling repossessed vehicles from ABSA, Standard Bank, Nedbank and FNB are held at various locations on a regular basis. Most pre-owned vehicles that have been taken back by the banks are in a good condition although some will have been neglected when it comes to services and repairs due to the previous driver having a lack of funds. For this reason it is wise if you are not an expert yourself to take a mechanic with you or somebody who knows exactly what things to look for and check when wanting to bid for and buy a second hand motor car.

Keep in mind that vehicles sold at Cape Town car auctions will not be available for you to test drive as there are just too many makes and models and such a lot of people interested in buying that it would be nothing but chaos to let customers test drive them. You will however be allowed to start the engine and check for any unusual noises, oil leaks and other potential problem areas. Our advice is to not go for bidding on older models and try and look for the bargains which are less than about 6-10 months old as even if these have been a little neglected, it should have no effect on the condition or performance.

It is also wise to attend one or two events before joining in with the bidding to observe and learn how the process works, especially as there are often second hand car dealers to bid against who are well experienced when it comes to these events. There are usually staff on the floor to assist you in the process and explain how deposits, bidding, finance and payments work so you will not be left completely in the dark. Lists and catalogues of repossessed cars sold by Standard Bank, FNB, ABSA and Nedbank are available from the associated websites for potential clients looking to purchase a vehicle at one of the many Cape Town car auctions in and around the city.

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