HMR Auto Auctions set Dec. 3

The HMR Group of companies announced the opening of HMR Auto Auctions at KM 21 East Service Road, South Superhighway, Sucat, Muntinlupa.

Founded in 1994, HMR Auto Auctions will be the Philippines’ only purpose-built facility for the live public auction of passenger motor vehicles.

HMR Auto Auction’s grand opening will be held on Saturday, December 3 from 9 a.m. onwards. This auction event will include over 120 cars and 100 motorbikes, all will be sold by method of live public auction. This event is open to car dealers and the general public. Many of the vehicles in the auction are dealership demonstrator units and corporate fleet vehicles.

Interested buyers are encouraged to visit HMR Auto Auctions during their viewing period from November 21 to December 2 (9 a.m. to 6 p.m. daily).

All vehicles can be inspected and started, so that bidders can feel comfortable when participating in the live public auction. HMR’s friendly staff will be happy to explain the live auction bidding process for any first-timers.

The auction industry in the Philippines is still emerging, however, globally the sale of motor vehicles through auction is very widely practiced. In the USA, the majority of car dealerships purchase their dealership stock from auctions. The auction also provides the general public with an excellent opportunity to purchase a family car for a price lower than the dealership.

Of the grand opening of the HMR Auto Auction facility, HMR Auctions CEO, Mr. Samuel Powell said: “HMR Auto Auctions aims to meet the growing demand within the Philippine market for an efficient, transparent and affordable method for car dealerships and the general public to purchase quality pre-owned motor vehicles.”