Are the public allowed to bid on auctions?
Yes! Anyone can participate in our auctions.
How do I bid if I have no previous auction experience?
We would suggest that you attend an auction as an observer, see what happens and, if nesessary, ask members of the auction house staff for guidance.
Then, before you participate in your first auction, decide what car you want to buy and what price you want to pay.
How do I bid?
The auctioneer will guide the bidding by indicating what price he is looking for. For instance, he will say: "I have R10 000. Do I see R10 200" All you as the bidder do is raise your hand. If the price goes beyond what you are prepared to pay, stop putting up your hand.
Can I obtain help in bidding?
There are always auctioneers and other members of staff who will be happy to assit you with bidding and guide you through the auction process.
What do I have to do in order to register to bid at an auction?
Before the auction starts, you must register as a buyer by making a refundable deposit of R5000 on Wednesdays and R5000 on Saturdays & all public holiday auctions in the form of a bank guaranteed cheque or cash. You will then receive a number which you will show to the auctioneer when the car is allocated to you.
How do I pay?
The auction house will accept electronic transfer, bank guaranteed cheque, or a release note from a reputable financial institution.
May I test drive the car before I bid at the auction?
Definitly YES! However we would suggest that you come in a day or two before the auction to test drive the car, as the auction day is always very busy.
How do I know the car is not stolen or that it is not still on an HP or lease agreement?
City Wheels warrants that all cars it sells on auctions are unencumbered. Futhermore, it guarantees free title to the buyer
Is VAT payable on auction units?
Yes. Please take note that VAT is added to your final bidding price. All vehicles (lots) are sold excluding VAT.
How do I know which vehicle's are on auction?
Auction programmes of vehicles on auction are made available at least 1-2 days prior to auction.
What about the roadworthy certificate?
It is the responsibility of the buyer to organise their own roadworthy certificate, but if asked, City Wheels will assist in obtaining a roadworthy certificate.
Can I finance a auction vehicle?
Yes! Finance is available on our floor with ABSA and WesBank/MFC.