Friday 17th July, CIC sell of motor vehicle salvages through online bidding

DULY INSTRUCTED BY OUR PRINCIPALS, CIC GENERAL INSURANCE LTD, WE SHALL SELL THE UNDER MENTIONED ACCIDENT VEHICLES (SALVAGES) – THROUGH OUR ONLINE BIDDING PLATFORM: www.phillipsauctioneers.co.ke ON: FRIDAY 17^TH JULY 2026 – STARTING FROM 11.00 A.M. TO 1.00 P.M.

CONDITIONS OF SALE:

1. VIEWING CAN BE DONE AT THE VARIOUS LOCATIONS INDICATED IN THE ADVERT ABOVE AND THROUGH OUR WEBSITE: PHILLIPSAUCTIONEERS.CO.KE TO VERIFY THE DETAILS AS THESE ARE NOT WARRANTED BY THE AUCTIONEERS OR OUR PRINCIPALS.
2. SALE OF ALL UNITS WILL BE “ON – AS –IS – WHERE – IS – BASIS”.
3. INTERESTED BIDDERS ARE REQUIRED TO PAY A REFUNDABLE DEPOSIT OF 50,000.00 PER MOTOR VEHICLE TO OBTAIN A BIDDING NUMBER AT OUR OFFICES AS INDICATED HERE UNDER:
   • PAYBILL NUMBER 4042007
   • ACCOUNT: YOUR NAME, YOUR ID. NO. (CIC AUCTION)
   • ONLY THE PERSON WHO WILL DEPOSIT THE BIDDING AMOUNT WILL BE ACTIVATED.
   • (NB. NO PAYING ON BEHALF OF ANOTHER PERSON/BIDDER)
4. BIDDING DEPOSIT PAYMENTS WILL ONLY BE ACCEPTED BEFORE THE AUCTION BEGINS, UP TO STRICTLY 10:30 A.M. ON THE DATE OF THE AUCTION. KINDLY BE ADVISED THAT NO ADDITIONAL PAYMENTS WILL BE ACCEPTED DURING THE AUCTION PROCESS.
   ALL PAYMENTS MADE AFTER 10:30 A.M. WILL BE REVERSED BACK TO YOU, AND YOU WILL NOT BE ACTIVATED TO BID.
5. THE AMOUNT YOU BID AND CONFIRM DURING THE BIDDING PROCESS IS WHAT WILL BE FORWARDED TO OUR PRINCIPALS; HENCE, YOU STAND TO LOSE IN CASE OF INCORRECT FIGURES. PLEASE BE GUIDED ACCORDINGLY.
6. ONLY ONE BID PER MOTOR VEHICLE.
   NB: ANY BID EXCEEDING KSHS. 1,000,000.00 (ONE MILLION) WILL REQUIRE THE BIDDER TO HAVE DEPOSITED A BIDDING FEE OF KSHS. 200,000.00 BEFORE THE AUCTION.
7. THE DECLARED PURCHASER MUST SETTLE THE BALANCE FOR ALL UNITS PURCHASED WITHIN SEVEN (7) DAYS FROM THE DATE OF CONFIRMATION OF THE BID AWARD. FAILURE TO DO SO WILL RESULT IN THE FORFEITURE OF THE BIDDING DEPOSIT, AND THE UNIT(S) WILL BE SUBJECTED TO A NEW AUCTION WITHOUT FURTHER NOTICE.
8. SALE IS SUBJECT TO REASONABLE RESERVE PRICES.

N/B:

1. THE AUCTIONEER, IN CONJUNCTION WITH THE PRINCIPAL, HAS THE RIGHT TO DISQUALIFY ANY UNREASONABLE BID.
2. ALL SUCCESSFUL BIDDERS MUST PROVIDE THEIR ITAX CERTIFICATE.
3. FOR ANY ASSISTANCE IN REGISTRATION AND ONLINE AUCTION PARTICIPATION, PLEASE CONTACT: 0708189055 or 0727872478 alternatively send your email to: it@phillipsauctioneers.co.ke.