Gauteng cars auction events in South Africa are ideal places to buy second hand vehicles. A public auction is the best because it means that anyone can take part in the bidding process. You don’t need an invite to the cars auctions in Gauteng.
Among the Gauteng cars auction events are:
- FNB repossessed cars in Gauteng
- SMD Pretoria & Vereeniging
- Wesbank Car Auctions Gauteng
- Aucor Gauteng Vehicle Auctions
- MFC Auctions
- City Wheels Pretoria
- Bidvest Burchmores Gauteng
If you are looking to buy cheap car repossessions you can just turn up on the day. And you can bid on the vehicle that suits you best.
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However remember that if someone outbids you the car will be theirs.
When the auctioneer announces the highest bidder, the bidding process for that specific car is over.
It is mainly second hand vehicles selling at public Gauteng cars auction events. So you will easily be able to pick up cheap repossessions.
Some auctions like Aucor and Burchmores offer finance options on their premises. So if you require a loan to purchase one of the car models, then you may apply on the day.
The auctioneer is the one to make the final decision. Therefore if there is a car on display that you really want you will have to outbid everyone else. Putting more money on the table than them. And the auctioneer will state you as the winner or purchaser.
If you know that you require car finance it might be a better idea for you to sort this out before attending the auction.
Because you can then go to the event with an open mind knowing that you have the money ready.
Bank Repossessions at Gauteng Cars Auction Events
There are bank repossessions at the Gauteng cars auction events that you could source if you are looking for cheap vehicles for sale.
These auctions are happening mainly in Johannesburg, Boksburg, Pretoria, Midrand, Vereeniging, Krugersdorp and Centurion.
Many dealers like to visit auctions where bank repossessed vehicles are sold. Because they get good cars for good prices that they can resell at their own prices and make a profit.
The banks are the ones to organize and have such auctions.
Banks in Gauteng that repossess cars:
- Absa repossessed cars
- FNB repossessions
- Capitec Bank repossessed cars
- Nedbank repossessions
- Standard Bank repo cars
- African Bank repossessed cars
So visiting a branch will give you all the information you need on upcoming auctions.
You will have to find out well in advance when the repossessions and used cars at Gauteng auctions will be. So that you can prepare and make sure you are there on the day.
It’s not only dealers who go to auctions and purchase bank repossessed vehicles. If you are in need of a car but are looking for one that’s nice and cheap, you should go to one of the banks above. So you can get a list of bank repossessed cars for sale this week.
Attending a Gauteng Cars Auction
If you have never been to a cars auction in Gauteng before, maybe you should attend one first without purchasing anything.
Just stay there to see how it is done so that next time you know what you are doing.
Sometimes an auction will have many cars for sale. Other times they may only have a few. So you have to take the chance and attend. Hoping that there is something you like on display and that you are the highest bidder on it so that the car will be yours.
There will be lots of other people there and there are bound to be a few of them interested in the same car as you.
The only way the vehicle will become yours is if you bid the highest amount of money on it. Don’t miss out on any of the repossessions and used cars in Gauteng.
Gauteng Used Car Auctions
If you know how the bidding process works you don’t have anything to worry about. But if you don’t you should attend an auction to just stand back and watch.
There will be different models for you to choose from. Especially if it is cheap repossessions that the auctioneer is auctioning off. So make sure that you have sufficient finance to purchase what you want.
Burchmores is one of the most well known car auctioneers to look for when you want to attend auction events.
If not Burchmores, there are many other Gauteng used cars auctions that you may contact and attend.
Purchasing second hand vehicles is sometimes quite a mission. But if you find out where cheap repossessions are being sold. And you make sure you have the finance for it you will not be disappointed with your findings.
Once you have a look at the models that are available you will have to make a decision quickly. Before someone else grabs your deal.
The bidding process may take some time, so be patient. Also do not bid if you don’t have enough money.
The auctioneer will award you the bid if you are the highest bidder and once that is done there is no turning back. The car will be yours and your money theirs.
To summarize you can find Gauteng cars auction events in:
There is no better place for you to find great deals on vehicles than at an auction where repossessions are sold.
So visit as many of the Gauteng used cars auction events as you can. And you are sure to find what make and model it is that you are looking for.
Find out from the main auctioning companies as well as the banks if you are looking for repossessed cars.
They will be able to give you the details of any public car auction events they have this week or coming up soon in Gauteng.