BEST DIGITAL NEWS PLATFORM IN 2021 Best digital news platform One World Media Special Award

Global site navigation

Local editions

Co-operative Bank Announces Auction of 22 Vehicles, Offers Cheapest Model at KSh 220k
Business and Economy

Co-operative Bank Announces Auction of 22 Vehicles, Offers Cheapest Model at KSh 220k

by  Japhet Ruto reviewed by  Asher Omondi
3 min read
  • The Co-operative Bank of Kenya listed 22 vehicles set for auction, indicating their number plates and the year of manufacture
  • The financial institution named the reserve price for each vehicle and set the conditions for sale for bidders
  • The lender explained the bidding process for interested Kenyans who should pay a non-refundable bidding fee

CHECK OUT: Discover How to Work with Brands, Earn from Affiliate Links, and Tap into Ad Revenue — Because Your Content Deserves to Pay Off

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.

The Co-operative Bank of Kenya has announced an auction of 22 vehicles, offering Kenyans the chance to acquire used cars at competitive prices.

Kenyans at a car yard in Nairobi.
The Co-operative Bank of Kenya is auctioning 22 vehicles. Image for illustration. Photo: KABA.
Source: Facebook

In a notice published in the Daily Nation on Wednesday, July 23, the financial institution asked interested bidders to pay a non-refundable bidding fee of KSh 3,000.

"Viewing of the motor vehicles will take place at the specified storage yards before placing a bid. For more information, call us on 0711 049 069," the bank stated.

Read also

List of 47 counties and amount they received for road maintenance in 2025

Search option is now available at TUKO! Feel free to search the content on topics/people you enjoy reading about in the top right corner ;)

Which vehicles are Co-op Bank auctioning?

Registration numberModelYear of manufactureReserve valueStorage yard
1. KDL 566ZNissan Note2016KSh 780,000Starbuck Investments Yard
2. KDE 200CToyota Land Cruiser2014KSh 5.44 millionStarbuck Investments Yard
3. KDM 968WSubaru Levorg2016KSh 1.5 millionStarbuck Investments Yard
4. KDL 515HMercedes-Benz Actros2015KSh 4.73 millionNyaluoyo Storage Yard - Kisumu.
5. KCV 781DIsuzu NKR2019KSh 1.36 millionShewye Storage Yard
6. KDM 385KToyota Land Cruiser Prado2016KSh 4.32 millionAGL Auto Gallery
7. KDH 860DAshok Leyland 2018KSh 2.07 millionFemfa Storage Yard
8. KHMA 770RSDLG Wheel Loader2020KSh 5.85 millionTumbo Auction Centre - Mombasa Road
9. KCX 117YIsuzu NKR2019KSh 1.94 millionLeakeys Storage Yard
10. KDM 243GTata LPT2023KSh 2.8 millionBlackbird Storage Yard
11. KDB 917WToyota Probox 2014KSh 380,000Kefa Auto Bazaar Motors - Embu
12. KDE 207PIsuzu FRR2021KSh 3.47 millionDakida Auto Garage
13. KDN 783FNissan Vanette 2017KSh 850kTumbo Auction Centre - Mombasa Road
14. KDR 436AMazda CX52017KSh 2.43 millionBlackbird Storage Yard
15. KDQ 869XIsuzu NQR2023KSh 4.00mStarbuck Investments Yard
16. KBK 977UToyota Premio2003KSh 220kJIBS Enterprises Garage
17. KDR 546SSubaru Impreza2017KSh 1.7 millionValuers Yard Enterprises - Nairobi
18. KDK 552GToyota Hilux2023KSh 2.8 millionCapital Diamond Storage & Auction Yard
19. KDH 687SHonda Fit2017KSh 850kPhilips International Auctioneers
20. KDH 014WIsuzu NQR2022KSh 950kStartruck Investments Yard
21. KDP 798RIsuzu FRR2023KSh 5.2 millionPurple Royal
22. KCX 006GToyota Hilux 2019KSh 1.3 millionSK Dhahabu Motors Limited

Read also

Family Bank announces sale of 27 vehicles, offers cheapest Nissan, Toyota brands at about KSh 300k

Co-op Bank asked Kenyans to view the cars at respective yards.
Co-operative Bank asked interested Kenyans to submit their bids online. Image for illustration. Photo: KABA.
Source: Facebook

What are the conditions for the sale of Co-op Bank vehicles?

  1. Vehicles are sold "as is, where is" basis.
  2. Offers received after the bid closing date specified in the advertisement will not be considered.
  3. Successful bidders will receive an offer letter after paying the non-refundable KSh 3,000 (bidding fee).
  4. Within 24 hours of receiving the offer letter, the successful bidder will have to pay the full amount of the bid "on a first-come, first-served basis" in instalments.
  5. Bidders must provide their email address for all correspondence.
  6. Before placing a bid, bidders must view the cars at the designated storage yards.
  7. The same vehicle cannot be available for multiple bids.
  8. Only online bidding will be accepted.
  9. More vehicles for sale are available on the online portal.
  10. Online bidding will be conducted on Saturday, August 16, 2025.

Which other companies auctioned vehicles?

In related news, Family Bank announced an auction of 27 vehicles, offering the cheapest model at KSh 300,000.

Read also

Stanbic Bank announces auction of 22 vehicles, offers cheapest model at KSh 840k

NCBA Bank advertised the sale of 39 vehicles, with the cheapest going for KSh 370,000.

Additionally, the Kenya Wildlife Service invited Kenyans to bid for several cars starting from KSh 40,000.

Proofreading by Asher Omondi, 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.

Tags:
Hot:
Page was generated in 2.9045560359955