First Assurance Company Announces Auction of Honda Fit and Other Vehicles, Sets Bidding Deposit
- First Assurance Company Limited listed all the vehicles set for an online auction on Tuesday, August 19
- The insurance firm tasked Dalali Traders Auctioneers to conduct the auction, with bidders required to pay a refundable deposit
- Dalali Traders Auctioneers set the conditions for the sale of the vehicles, including prohibiting cash transactions
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First Assurance Company Limited, a Kenyan insurance firm, has announced an auction of 10 vehicles, offering bidders a chance to acquire used cars at competitive prices.
Source: Facebook
The auction will be conducted online by Dalali Traders Auctioneers on Tuesday, August 19, from 1:00pm.
How much is the bidding deposit?
In a notice on Wednesday, August 13, the company asked interested bidders to deposit a refundable bidding fee of KSh 100,000 for the accident-damaged vehicles (salvages).
"Duly instructed by First Assurance Company Ltd, we shall sell by public auction the under-mentioned accident vehicles (salvages) on Tuesday, August 19, 2025, online from 11:00 am to 1:00 pm through our link," the notice published in the Daily Nation states.
The auctioneer asked bidders to view the vehicles at different yards during normal working days.
Which vehicles are being auctioned?
| Registration number | Make/model | Location |
| 1. KDJ 642R | Mitsubishi | Westkam Yard |
| 2. KCM 043Y | Renault Kangoo | Assessment Centre |
| 3. KCY 269K | Mitsubishi F1 | Golden Auto Body |
| 4. KDP 661Q | Benz - P/Mover | Insured's Yard |
| 5. KMDD 111Z | Suzuki motorbike | Insured's Yard |
| 6. KCP O58J | Honda Insight | Assessment Centre |
| 7. KCM 231K | Honda Fit | JEB Motors |
| 8. KDD 185L | Hyundai truck | Murray Storage |
| 9. KDC 858T | Toyota Sai | Assessment Centre |
| 10. KCW 400L | Range Rover Evoque | Extreme Auto |
Source: Facebook
What are the conditions for sale?
- A KSh 100,000 refundable deposit or bidding deposit must be made to Dalali Traders Auctioneers.
- Without a bid deposit, there will be no bidding at all.
- Within seven days of the auction date, the declared buyer must pay the remaining purchase price immediately to First Assurance Company Ltd or lose the entire deposit.
- Reasonable reserve prices apply to the sale.
- Cash transactions are strictly prohibited on the day of the auction.
- The vehicles are available for purchase in their current condition.
- According to NTSA TIMS regulations, the stated buyer will be in charge of the transfer payments and the re-registration procedure.
Dalali Traders Auctioneers can be contacted on 0728879600, 0712880295 or 0706201630.
Alternatively, they can be reached through the email: info@dalalitraders.com.
Which other companies in Kenya auctioned cars?
In related news, MOGO Limited, an asset finance company, invited Kenyans to bid on several used cars in Nairobi and other cities.
The prices of the automobiles up for auction range from KSh 1.3 million for the most expensive to KSh 170,000 for the cheapest.
Setting the terms for the sale, the financial technology company sent out an email inviting bidders to place their offers.
The company also announced an auction of 43 boda bodas and tuk-tuks, from KSh 30,000.
Proofreading by Asher Omondi, copy editor at TUKO.co.ke.
Source: TUKO.co.ke
