Car auctions that sell new and used vehicles such as bank repossessions and pre-owned wheels are taking place around South Africa on a regular basis. Some are during the week but most of them take place on a Saturday morning and are usually open to the general public who can view, ask the auctioneer questions before the bidding begins and of course, buy. One of the most popular vehicle auction companies in SA is Burchmores who have branches nationwide and are running auction events on a regular basis.
Buying a vehicle at car auctions around South Africa has become a popular occurrence and the banks have made things easier with ABSA, Standard Bank and FNB among others usually having a facility that allows buyers to apply for finance on the spot. Repossessed cars for auction can be picked up at bargain prices by those bidding although one should be cautious in what you purchase as many vehicles may have been neglected by the previous owners before being taken back by the bank due to having financial difficulties, check the service history and if possible take a good mechanic with you to one of the nationwide events.
Bidding against other potential buyers at one of these events is not difficult even if you have had no previous experience and there is usually helpful and friendly staff on hand to assist you in the whole process if you are having difficulty or need certain questions answered. It may be a good idea to go along to one of the events just as an observer before you actually attend one with the goal to purchase so that you have a clear idea of exactly how the auctioneer conducts things and how the bidding works in general. Most events require that you register and car auctions for new and used vehicles in South Africa will require a refundable deposit before you can participate.