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Stanbic Bank Announces Auction of 22 Vehicles, Offers Cheapest Model at KSh 840k
Business and Economy

Stanbic Bank Announces Auction of 22 Vehicles, Offers Cheapest Model at KSh 840k

by  Japhet Ruto reviewed by  Mercy Nyambura
3 min read
  • Stanbic Bank Kenya published a notice in one of the local dailies, listing all 22 vehicles set for a public auction
  • The financial institution outlined the reserve prices of the vehicles and set a deadline for prospective car owners to submit their bids
  • The lender set a non-refundable bidding fee that bidders should pay, and shared an email to submit the bids

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TUKO.co.ke journalist Japhet Ruto has over eight years of experience in financial, business, and technology reporting and offers deep insights into Kenyan and global economic trends.

Stanbic Bank has announced a public auction to sell 22 vehicles in Nairobi, Kiambu, Meru, Mombasa and Kisumu.

The bank asked bidders to view cars at different yards.
Stanbic Bank is auctioning cars. Image for illustration. Photo: KABA.
Source: Facebook

In a notice published in the Daily Nation newspaper on Friday, July 18, the Kenyan lender asked interested individuals to submit their bids by Friday, July 25.

"All bidders are required to pay a non-refundable bidding fee of KSh 2,000 per vehicle. Viewing of the motor vehicles is to be done at the specified storage yards before placing a bid. Bids with full contact details should be submitted via email to SBKDebtvendors@stanbic.com," the bank stated.

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Which vehicles is Stanbic Bank auctioning?

DescriptionRegistration numberYear of manufactureTo be viewed atReserve price
1. Nissan Patrol V8KDR 652D2023Phillips International Auctioneers Yard-KileleshwaKSh 21.15 million
2. Toyota Land Cruiser V8KDP 470J2016Phillips International Auctioneers Yard-KileleshwaKSh 7.31 million
3. Mitsubishi FusoKDH 047Z2021Phillips International Auctioneers Yard-KileleshwaKSh 5.67 million
4. Toyota Land Cruiser TXKDR 601B2017Starstruck Auctioneers Investments Yard-KiambuKSh 5.5 million
5. Mitsubishi FIV1KDM 148Y2023Phillips International Auctioneers Yard-KileleshwaKSh 4.77 million
6. Toyota Land Cruiser TRKDM 530V2016Jogoo Road Storage Yard-Jogoo RoadKSh 4.68 million
7. Mitsubishi Fuso FIV1KDJ 043M2021Phillips International Auctioneers Yard-KileleshwaKSh 4.5 million
8. Mercedes-Benz ActrosKDM 129S2016Blackbird Auctioneers-Milimani KisumuKSh 4.4 million
9. Mitsubishi CanterKDP 541M2023Blackbird Auctioneers-NyaliKSh 4.3 million
10. Isuzu FVRKDJ 475Q2022Mount Kenya Auction Yard-MeruKSh 4.23 million
11. Mercedes ActrosKDJ 582Y2015Pambo Auctioneers-KisumuKSh 4.02 million
12. Mercedes ActrosKDM 009J2016Matriz Moves Ltd - Changamwe, MombasaKSh 3.85 million
13. Mercedes-Benz ActrosKDM 008F2016Matriz Moves Ltd - Changamwe, MombasaKSh 3.8 million
14. Mercedes-Benz ActrosKDN 048H2016Valley Auctioneers Yard-MembleyKSh 3.7 million
15. Mitubishi L200KDD 165R2019Phillips International Auctioneers Yard-KileleshwaKSh 3.65 million
16. Mitsubishi Fuso CanterKDQ 776G2023Phillips International Auctioneers Yard-KileleshwaKSh 3.05 million
17. Mercedes-Benz C200KCW 579W2018Starstruck Auctioneers Investments Yard-KiambuKSh 2.63 million
18. Mercedes-Benz Actros KDC 206X2015Bungoma Safe Keepers Yard-BungomaKSh 2.56 million
19. Mercedes-Benz GLAKDJ 088W2015Starstruck Auctioneers Investments Yard-KiambuKSh 2.38 million
20. Mazda Axela SportKDP 574E2016Valley Auctioneers Yard-MembleyKSh 1.1 million
21. Mazda DemioKDR 820L2017Phillips International Auctioneers Yard-KileleshwaKSh 1.05 million
22. Suzuki Swift SportsKDN 781K2016Starstruck Auctioneers Investments Yard-KiambuKSh 840,000

Read also

Bank of Africa announces auction of Nissan Notes, other vehicles starting from KSh 500k

Kenyans inspect cars at a yard.
Stanbic Bank said the vehicles will be sold in their current condition. Image for illustration. Photo: KABA.
Source: Facebook

Which other companies are auctioning cars?

In related news, NCBA Bank announced an auction of 39 vehicles, with bids starting from KSh 370,000.

The Kenya Wildlife Service is also selling cars and other items in July 2025.

Elsewhere, the Bank of Africa advertised the sale of Nissan Notes and other vehicles.

Proofreading by Mercy Nyambura, copy editor at TUKO.co.ke.

Source: TUKO.co.ke

Authors:
Japhet Ruto avatar

Japhet Ruto (Current Affairs and Business Editor) Japhet Ruto is an award-winning TUKO.co.ke journalist with over eight years of working experience in the media industry. Ruto graduated from Moi University in 2015 with a Bachelor’s Degree in Communication and Journalism. He is a Business & Tech Editor. Ruto won the 2019 BAKE Awards’ Agriculture Blog of the Year. He was named TUKO.co.ke's best current affairs editor in 2020 and 2021. In 2022 and 2023, he was TUKO.co.ke's best business editor. He completed the Experimenting with new formats and Advance digital reporting curriculum from Google News Initiative. Email: japhet.ruto@tuko.co.ke.

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