Place ’n park winning bid

An upcoming online auction of Absa bank-repossessed vehicles is “a win-win for everyone”, says Park Village Auctions (PVA) director Clive Lazarus.

PVA announced a national auction with a twist of genuine Absa bank-repossessed passenger and commercial vehicles. An exciting new format allows for “pre-bidding” before the main event.

Bidders can place preliminary bids online before the thrill of closing off the sale in a live webcast auction.

“Call it a place-and-park bid, if you will,” says Lazarus.

“A bidder can review the assets on offer at their leisure. They can place starting bids on their wish list assets [and go back incrementally to increase their bid if someone else is contending] or lodge a maximum bid.

“To close off, we then switch gears to everyone’s favourite format: the ‘going, going, gone’ in a live webcast auction.

“Those with the highest bids get to battle it out in real time online, and the sale is thus concluded swiftly.

“Bringing these benefits together creates an exciting format that caters to everyone’s auction appetite.”

Bidding will open on Monday from 10am in the form of a timed online auction. On Tuesday from 10am, the proceedings will culminate in a live, webcast auction.

View the vehicles by appointment today and on Monday at 8 Top Road, Anderbolt, Boksburg. Stringent Covid-19 protocol will be adhered to.

For a catalogue or to make an appointment, visit