FirstRand Bank Auctions

How Auctions Work

Are you a first time bidder? No problem, our auction guide has all the info you need. Follow these steps and your auction experience will be simple and enjoyable.

Before the auction

Check the online catalogue
Set your budget
Inspect the cars
Have FICA & KYC docs ready
R5000 refundable deposit

At the auction

Register as a buyer
Bid on your choice of cars
Remember: sales are with no duty to repair

After the auction

Sold to you!

Make payment for your bid + VAT via:

Electronic Funds Transfer
Bank guaranteed cheque
Release note from a reputable financial institution