What is an Auction Car?
Auto auctions are a method of selling vehicles based on an auction system. Auto auctions can be found in most countries and are usually exclusive to licensed automobile dealers. In a few countries, such as Japan, auto auctions are well-known and used by most residents.
Auction Cars For Sale In South Africa
Cars Auction
Address: 972 Paul Kruger St, Mayville, Pretoria, 0084, South Africa
Areas served: Pretoria
Hours: Open ⋅ Closes 5 pm
Phone: +27 82 082 3786
WesBank Auction Centre
Address: 182 14th Rd, Noordwyk, Midrand, 1687, South Africa
Hours: Open ⋅ Closes 4:30 pm
Phone: +27 86 110 1363
Aucor Auctions Port Elizabeth | Car Auctions PE
Address: 38 Paterson Rd, Sydenham, Gqeberha, 6056, South Africa
Hours: Open ⋅ Closes 5 pm
Phone: +27 41 487 0699
How to buy a car on auction in South Africa?
The prospective Buyer must sign the registration form and give the Auctioneer a copy of his/her identity document and proof of residence (not older than 3 months). The Buyer must pay a deposit to register for the auction.
How much are auction fees in South Africa?
Yes, immovable property auction commission consists of the following: 6% on the first R100 000.00 of the proceeds of the sale, 3.5% on 100 001.00 – R400 000.00, and 1.5% on the balance of the proceeds, subject to a maximum of R40 000.00, excluding VAT, with a minimum of R3 000.00 excluding VAT.
What to do after buying a car from auction in South Africa?
By law, all vehicles purchased must be registered in the buyer’s name within 21 (twenty-one) days of purchase.
After the auction, you must obtain roadworthy clearance for the vehicle at an approved test station to register the vehicle in your name. You must register as a buyer to purchase a vehicle at an auction.