Car Auctions
Ever considered buying a car on auction? There are a few important things you should know before you begin your journey.
Our partner auction houses have different terms and conditions for the bidding and purchasing of vehicles. You’ll need to explore each individually to understand how they work. We only work with the officially listed partners, so be cautious of any other parties claiming to have Standard Bank vehicles for auction.
To register for an auction, you’ll have to provide the necessary FICA documents and pay a refundable deposit to the auctioneer. If your bid is successful, the deposit is used towards your purchase, and you’ll be given a defined period to complete the purchase. If you don’t buy anything, your deposit is refunded.
You can get pre-approved car auction finance to help you bid with confidence. Please note that additional fees and charges are applied to winning bids. Remember that it’s standard to pay a deposit to participate in an auction.
Cars are sold ‘voetstoots’ meaning as they are. Be sure when you’re bidding that you understand the terms and conditions of the auctioneer. Each partner is able to offer you help and guidance to navigate auctions with ease.
Bid on nationwide and international auctions of cars and other consumer goods
For nationwide webcast auctions of bank cars, movable and immovable assets