Car Auction

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memory man
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Car Auction

Post by memory man »

61 EAC vehicles on auction

The Electricity Authority is selling 61 second hand cars through an open tender process with prices ranging from €300 for some 25 year old vans to €1,500 for luxury cars, about 18 years old.

Offers will be accepted for individual cars, which will be sold to the highest bidder.

In 23 of the 61 cars, import duty has not been paid. The difference this will make on their final price will be between €25 and €210 depending on the car.

They are parked on EAC property in Nicosia, Larnaca and Paphos and must be taken delivery of within 10 days of the bid being accepted.

The lowest prices for the auction are €300 for MITSUBISHI L200 double cabin pick up trucks and PEUGEOT 106XR, NISSAN SUNNY 1.6 SLX, SUZUKI ALTO and TOYOTA COROLLA 20D VAN with registrations of E and H.

For double cabin pick up trucks with K registration such as TOYOTA HILUX and ISUZU DIMAX starting prices range from €500 to €1,000.

Also on sale are SUV vehicles such as TOYOTA LAND CRUISER starting at €1,500, LAND ROVER DEFENDER DISCOVER TDI 2.5 and KIA SPORTAGE starting at €1,000, SUZUKI VITARA JLX starting at €200 JEEP starting at €500.

HINO trucks start at €1,500 and a mini truck such as ISUZU NHR start at €600.

And a manager’s BMW 530i, registration plates KTL, at the EAC’s HQ has a minimum price of €1,500.

https://in-cyprus.philenews.com/61-eac- ... n-auction/
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trevnhil
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Re: Car Auction

Post by trevnhil »

On the face of it there are perhaps some bargains to be had.. Maybe dealers will snap them up, polish them up and sell them to the public
Trev..
Uncle D
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Re: Car Auction

Post by Uncle D »

I expect that they will be high milers and probably hard driven, though Land Cruisers are built to take a lot of stick if you can afford to run one they are a good buy
David
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WHL
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Re: Car Auction

Post by WHL »

Those Prices are the reserve, they will go for alot more then those prices
WHL
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Re: Car Auction

Post by WHL »

Uncle D wrote: Sat Jun 13, 2020 8:50 am I expect that they will be high milers and probably hard driven, though Land Cruisers are built to take a lot of stick if you can afford to run one they are a good buy
Ive attended auctions, and they are not necessarily high mileage, some of the double cabs etc are driven to the work site and can sit there all day without moving, also they are well maintained regular serviced etc, unlike private cars which are sold at Bank auctions, the thing is the dealers will have a max price, that they will bid for them, private punters dont, hence they make good money.
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Devil
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Re: Car Auction

Post by Devil »

Be aware that such old vehicles have much higher tax levels than new ones, because of carbon emissions. It is not impossible that new regulations may be imposed that the vehicles over a certain age may be forbidden.
Pete the highwayman
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Re: Car Auction

Post by Pete the highwayman »

Afternoon
After a lifetime in the motor trade mileage is just a number,
I used to buy my trucks new and run them for seven years,
In that time they would do between three quarters and a million miles.
Then we would sell them to a firm in the East Midlands he would then sell them to Africa
One day we got an email from a man saying he has seen one of our trucks on the Zambezee
He said wich way did we come and where was we going well after hilarious laughter
All around the office my daughter said I have to answer him dad what shall I tell him.
I said tell him he has seen our African division
Keep smiling
Pete
Reesy
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Re: Car Auction

Post by Reesy »

When is this sale? Where is this sale in Paphos?
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