Burchmores repossessed cars for sale in South Africa are available at car auctions nationwide. It’s a great way to get specials on cars. Not to mention a potentially exciting day at a Burchmores auction.
Auctions held in SA by Burchmores have been happening for more than ninety-nine years. Which means that they have been bringing together buyers and sellers for just as long.
Burchmores was established in 1911. And was one of the first companies in South African to let people across the country sell and buy their cars at auctions.
Only ten cars were sold at the first vehicle auction but times have definitely changed. And today they sell more than 50000 vehicles a year.
This means that they now have an annual turnover of R1billion and have become the leading vehicle remarketing company in South Africa.
The purpose of the auctions held in SA by Burchmores is to handle the sale of vehicles on behalf of their vendors. The majority of their customers are businesses such as finance and leasing houses, rental companies, and fleet operators.
Burchmores repossessed cars are sold at auctions to the public
Repossessions are vehicles that previous owners have lost due to default on payment/s. Cars, bakkies, vans and trucks get sold to cover the creditor’s expenses.
At any given point Burchmores auction house has over 2000 vehicles available from new cars to salvage vehicles.
This means that if you want to buy repossessed cars or what you are looking for, you will be able to find something at Burchmores to suit your needs.
Along with the auctioning of vehicles, this company has realised that there was an opportunity for them to provide finance on the vehicles being auctioned. So they now offer this service too.
Burchmores has auctioned off over 90000 vehicles (at time of writing). Which should tell South African’s that they mean business.
You can either purchase Burchmores repossessed cars at auction or you can purchase directly off of the floor.
The majority of the vehicles on auction are sourced from the banks by means of repossessed vehicles. But other sources include fleet disposals or trade ins by companies.
For those of you who are interested in attending an auction, they are held twice a week at their three branches:
- Johannesburg
- Cape Town
- Durban
Buy Burchmores Repossessed Cars at Burchmores Online Car Auctions
There are also Burchmores online car auctions these days.
Buyers can browse and enter Burchmores repossessed car auctions online. Where you can view cars and enter online bids for the vehicles that interest you to buy.
Car Sales at Auctions from the Burchmores Group
Car sales at auctions from the Burchmores group are popular in South Africa. So whether you are in the Western Cape, Gauteng or Natal it won’t make a difference. Because there are different venues in the country that you can go to.
In order for you to make things slightly easier, you could always check the online lists of cars first: Burchmores Auction Lists of Cars for Sale
To see which of the wholesale vehicles you are interested in and where you can purchase them from.
Burchmores repossessed cars are the best to go for. As you can get some good cars for cheap prices from the bank. So you should always check for these first.
Online or Physical Car Auctions?
It depends where you are located and what your personal requirements are.
There are many options for you to choose from when it comes to car sales at auctions from the Burchmores group. So you may want to take some time before you make a final decision on vehicles you want to purchase.
The online auctions are ideal for you to check if you aren’t one hundred percent sure exactly what you want in a vehicle. But if you know what you are looking for, then you can head straight to the physical auction.
Burchmores hold auctions in Gauteng, Natal, the Western Cape and many more cities in South Africa. So all you have to do is check which of the events are in your area and the easiest for you to attend.
Go to the BidvestBurchmores Website for all the details.
Vehicles other than Burchmores Repossessed Cars
Not all of the cars they sell are repossessions. But if you want a brand new vehicle you will have to visit other auctions. Or look for Burchmore’s new vehicles sales and see if they have anything there to offer you.
Burchmores is one of the best online auctions sites for one to use and they always have a wide variety of cars for you to choose from. So it shouldn’t be too difficult or you to make a decision.
The car sales at auctions from this group are something you don’t want to miss when shopping for a new or second hand automobile.
Save Rands at a Burchmores Car Auction
In order for you to take part in a physical Burchmores car auction you will have to find out where the auction is being held. And of course you have to be familiar with the bidding process you are to go through.
If you have the finance available there shouldn’t be a problem. But if you don’t then there is sometimes car finance solutions at the auction that you could use. To ensure you get the bank repo vehicles you want at the good prices the auctioneer is selling them off for.
If you have never been to an auction before, you may want to sit out the first round and just watch how it is done. You will soon catch on and be ready to take part in the bidding for cars.
Good Vehicles – Decent Prices
Burchmores bank repossessed cars are always bargains so you should do what you can to take part in a vehicle auction. Birchmores are one of the biggest auction companies in South Africa. They always have something on.
If you are familiar with the bidding process, you can just go in there and look for the good prices. Or wait for them to be announced and see which cars you are interested in.
The auctioneer will do one car at a time. So that you can have a good look at it and then wait for the bidding to take place.
You shouldn’t spend more money than you have. But if you need the extra finance you may make use of the loan providers that are normally at the auctions if you need to do so.
Car auctions are always the best place to look when you want to purchase a car. So visit Burchmores website often to find out about any upcoming auctions they have and make sure you attend them.
You can save a lot of money by taking part in a Burchmores car auction, so go for it!
Burchmores Repossessed Cars Auctions Bidding Process
There are bank repo vehicles at Burchmores car auctions for good prices if you are looking to purchase a vehicle.
You will have to go through the entire bidding process and the auctioneer will auction off the cars. And you will bid on them according to what you can afford.
If you don’t have the finance, do not bid, it’s as simple as that. If you do bid and you win, you will have to come up with the money.
Burchmores repossessions are nice to purchase as they will be less expensive than buying other cars.
Good Variety of Vehicle Repossessions
There are many different cars for you to choose from when you see the bank repo vehicles at Burchmores car auctions.
You are sure to find the repossessions at good prices. But it shouldn’t be a difficult decision to choose which vehicle you would like to purchase.
The bidding process is not difficult. You just have to answer when the auctioneer asks a price that you can afford.
If you haven’t applied for bank finance. You have to make sure that you have the finance before you bid. Otherwise you will be in big trouble if you win the bid and are unable to pay.
There’s a reason why many people choose to purchase their vehicles from an auction. Because when vehicles are repossessed they are sold at a much cheaper rate.
The previous owner of the car wasn’t able to pay the bank back the money that he/she was borrowing to purchase the vehicle. So the bank will sell it off at the auction to make up the money outstanding.
Burchmores repossessed cars auctions are great to choose if you’re in the market for new wheels.
Visit the physical auctions… Or take part in a Burchmores car auction online. And see which of the cars suit your style as well as your bank account.