Wesbank weekly auctions and vehicle catalogues are available in South Africa. All you have to do is know where to look. Your first point of call should be the Wesbank website at: https://www.wesbank.co.za/home/. Which not only lists all the destinations where the auctions will be held, but a catalogue of all of the cars on auction in those places. It really is that simple.
Wesbank weekly auctions happen in:
- Port Elizabeth
- East London
- Cape Town
We feel the best thing about this website is the fact that they understand that not all people attending the auctions are regulars. So as a result need a helping hand in the way of what to expect.
Therefore they have developed a manual explaining the process in detail for you. So here is breakdown to digest whilst thinking of buying your next car.
Oh and by the way it’s not Westbank auctions as people in SA tend to mis-spell it.
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Decide what kind of vehicle you want beforehand and set a budget
One vital word of advice that Wesbank provides to its customers is that they come in to the auction house with a predetermined budget.
The whole experience of attending an auction can be very exciting. And many people seem to get caught up in the process and forget all about their budgets.
This is essential however to ensure that you do not purchase beyond your needs. And you do not end up having your car repossessed as a result of late or no payment of monthly instalments.
Wesbank weekly auctions car catalogues
Wesbank weekly auctions and vehicle catalogues are readily available on their website. As well as in traditional media publication such as newspapers.
This means that you do not even have to enter the show house and look around for what cars are available. You can look from the comfort of your own home.
You cannot test drive a vehicle at Wesbank weekly auctions
Unlike dealerships, you cannot actually test drive a vehicle that has been placed on auction.
This can put a lot of people off as they may feel that they are being ripped off if they do buy.
However all cars and bakkies at auction are started and left running during the auction in order to prove they do actually run.
If this is not enough proof for you, all auction houses allow you the opportunity to bring in a qualified mechanic or auto electrician. To inspect the vehicle before you bid.
Auction houses generally have an open day the day before the auction for you to inspect the vehicles.
Do not set your heart on one car
Wesbank suggests that instead of putting all of your eggs in one basket, you choose a selection of cars that you are willing to buy.
This way should you be outbid at auction, you can have cars to fall back on. This will also assist you in stopping yourself from spending outside of your price bracket.
Do your homework
Don’t come to a car auction assuming that you are getting a good deal.
Always compare the prices that you find at auctions with others out there in the market.
This isn’t to say that Wesbank will be ripping you off, but you may find something better somewhere else even if it isn’t an auction vehicle.
Not just everyone can bid at Wesbank weekly auctions
The majority of the auction houses require a registration fee of sorts.
This ranges depending on the auction house but on the Wesbank website, they state that a registration fee is required before you can attend an auction.
From here you will be registered through Wesbank and will be able to start searching through the catalogues on offer. And attend the auctions where you have seen a vehicle that you like.
To summarize the Wesbank weekly auctions are a good place in South Africa to find and buy repossessed vehicles.
So if you are in the market for a new car or bakkie go to www.wesbank.co.za for weekly auctions details. And car catalogues of the latest cars and bakkies for sale.
The site is user friendly and allows you to view repossessed vehicles online from the comfort of your home.