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 auction. Only ten cars were sold at their first 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 and the majority of their customers are businesses such as finance and leasing houses, rental companies, and fleet operators. At any given point this auction house has over 2000 vehicles available from new cars to salvage vehicles. This means that no matter 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.
Today, Burchmores has auctioned off over 90000 vehicles which should tell South African’s that they mean business. You can either purchase a vehicle 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 in Sandton, Cape Town, and Durban.