Friday 24th March, Monarch Insurance Company sell of accident vehicles (salvages) through online auction

Duly instructed by Our Principals, MONARCH INSURANCE COMPANY LIMITED, we shall sell the under mentioned ACCIDENT VEHICLES (SALVAGES) THROUGH OUR ONLINE BIDDING PLATFORM: www.phillipsauctioneers.co.ke ON: FRIDAY 24TH MARCH 2023 – STARTING FROM 11.00 A.M. TO 1.00 P.M.

 REG. NOMAKE & MODELB/TYPEVIEWING LOCATIONY.O.M
1KBK 645RTOYOTA ISTS. WAGONTWIGA PANEL BEATERS NAIROBI2002
2KBA 730FTOYOTA COROLLAS. WAGONMASTERMIND YARD MLOLONGO2000
3KDC 021ENISSAN MARCHS. WAGONWESTMINSTER 2012
4KDJ 476CHONDA FIT HYBRIDS. WAGON
5KCU 690AMAZDA DEMIOS. WAGONFLEX AUTO/LEAKEY’S STORAGE LTD 2012
6KCR 908TMAZDA DEMIOS. WAGONWESTMINSTER2011
7KBD 923PISUZU FRR TRUCKH / SIDEDDEEM MERU2008

CONDITIONS OF SALE

  1. Viewing can be done at the VARIOUS LOCATIONS INDICATED IN THE ADVERT ABOVE AND THROUGH OUR WEBSITE: www.phillipsauctioneers.co.ke to verify the details as these are not warranted by the auctioneers or our principals. 
  2. SALE WILL BE “ON – AS –IS – WHERE – IS – BASIS”.
  3. Interested bidders are required to pay a refundable deposit of KSH. 50,000.00 PER MOTOR VEHICLE to obtain a bidding number at our offices in form of a banker’s cheque in the name of MONARCH INSURANCE COMPANY LIMITED. 
  4. ONE BID PER MOTOR VEHICLE. STRICTLY BANKERS’ CHEQUES.
    ANY BID OF KSH. 1,000,000.00 (ONE MILLION) & ABOVE, WILL REQUIRE THE BIDDER TO TOP UP THEIR DEPOSITS BY AN ADDITIONAL KSHS. 200,000.00 ON THE SPOT. 
  5. The declared purchaser MUST deposit 25% of the purchase price for all the vehicles bidded for by close of business auction day and the balance paid within SEVEN (7) DAYS from the auction date, failure to which the money received including the deposit will be forfeited.
  6. Sale is subject to reasonable reserve prices.

N/B:

  1. DEADLINE FOR PAYING BIDDING DEPOSIT IS STRICTLY BE BY CLOSE OF BUSINESS THURSDAY 23RD MARCH 2023
  2. THE AUCTIONEER IN CONJUCTION WITH THE PRINCIPAL HAS A RIGHT TO DISQUALIFY ANY UNREASONABLE BID.
  3. ALL SUCCESSFUL BIDDERS TO PROVIDE THEIR ITAX CERTIFICATE.
  4. CALL: 0788 188652 FOR REGISTRATION OR ANY OTHER ASSISTANCE.