NCBA Bank Announces Auction of 42 Motor Vehicles, Offers Cheapest Model at KSh 530k

• NCBA Bank Kenya announced the auction of 42 motor vehicles in Nairobi and other locations and set the reserve price for each
• The financial institution set the deadline for interested car owners to submit their bids and issued a platform for bidding
• Among the vehicles on sale are Nissan Notes, Toyota Hilux, Toyota Land Cruiser, and other used second-hand vehicles

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.

NCBA Bank Kenya has announced an auction of 42 motor vehicles, offering Kenyans opportunities to own small cars, Sport Utility Vehicles (SUVs) and lorries.

The financial institution advertised the sale of motor vehicles in a notice published in the Daily Nation on Tuesday, August 5.

The lender asked interested bidders to submit their bids by Monday, August 11.

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"Please use our online platform, CarDuka, to submit bids with complete contact information. The deadline for submitting bids to the committee is Monday, August 11. For additional information, call 0711 041 646 or 0732 141 209," the notice read.

Which vehicles is NCBA auctioning?

1. Ford Raptor - KSh 7.25 million.
2. Hans 3 Axle-Flat Bed Trailer - KSh 2.01 million.
3. Hans 3 Axle-Flat Bed Trailer - KSh 2.1 million.
4. Honda CRV - KSh 2.36 million.
5. Isuzu FRR - KSh 1.2 million.
6. Isuzu FRR - KSh 3.74 million.
7. Isuzu FRR - KSh 4.84 million.
8. Isuzu FRR - KSh 3.12 million.
9. Isuzu FRR - KSh 3.47 million.
10. Isuzu FTR - KSh 2.5 million.
11. Isuzu FTR - KSh 4.15 million.
12. Isuzu FVZ - KSh 1.72 million.
13. Isuzu NMR - KSh 2.37 million.
14. Isuzu NQR - KSh 4.95 million.
15. Isuzu NQR - KSh 3.77 million.
16. Isuzu NQR - KSh 2.45 million.
17. Mazda Atenza - KSh 1.325 million.
18. Mazda CX5 - KSh 1.645 million.
19. Mazda Demio - KSh 690,000.
20. Mercedes-Benz Actros - KSh 1.66 million.
21. Mercedes-Benz Actros - KSh 1.595 million.
22. Mercedes-Benz C180 - KSh 1.97 million.
23. Mercedes-Benz E250 - KSh 2.685 million.
24. Mitsubishi Canter - KSh 1.88 million.
25. Mitsubishi Fuso F1 - KSh 3.54 million.
26. Mitsubishi Fuso F1 - KSh 3.91 million.
27. Mitsubishi Fuso F1 - KSh 2.27 million.
28. Mitsubishi Fuso F1 - KSh 3.92 million.
29. Nissan Note - KSh 685,000.
30. Nissan Serena - KSh 810,000.
31. Nissan Teana - KSh 1.24 million.
32. Nissan Xtrail - KSh 1.475 million.
33. Peugeot 2008 - KSh 1.59 million.
34. Suzuki Baleno - KSh 530,000.
35. Tata Tipper - KSh 1.345 million.
36. Tata DSLB - KSh 1.375 million.
37. Toyota Aqua - KSh 1.13 million.
38. Toyota Hilux Single Cab - KSh 590,000.
39. Toyota Prado - KSh 3.37 million.
40. Toyota Land Cruiser - KSh 7.75 million.
41. Toyota Daa - KSh 3.49 million.
42. Toyota Hilux Single Cab - KSh 2.95 million.

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Which other institutions auctioned cars?

In other news, the Kenya Forest Service (KFS) announced an auction of motorbikes, vehicles and other assorted items.

In addition to setting a strict deadline and charging storage fees to individuals who are unable to pick up their belongings, the government agency described how the top bidders will acquire their items.

Dream Credit Ltd in Nairobi also announced an auction of vehicles, offering the cheapest model at a reserve price of KSh 400,000.

Proofreading by Jackson Otukho, copy editor at TUKO.co.ke.

Source: TUKO.co.ke