Friday 18th August, CIC General Insurance Ltd sell of accident vehicles (salvages) through online auction

DULY INSTRUCTED BY OUR PRINCIPALS, CIC GENERAL INSURANCE LTD, WE SHALL SELL THE UNDER MENTIONED ACCIDENT VEHICLES AND MOTOR CYCLES (SALVAGES) THROUGH OUR ONLINE BIDDING PLATFORM: www.phillipsauctioneers.co.ke ON: FRIDAY 18TH AUGUST 2023 – STARTING FROM 11.00 A.M. TO 1.00 P.M.

 –REG. NOMAKE & MODELB/TYPEVIEWING LOCATION
1.KCF 105WTOYOTA MARK XSALOONHOMEBOYZ, VOI
2.KBT 033ATOYOTA AXIOSALOONLEAKEY’S STORAGE LTD
3.KAT 310PTOYOTA COROLLA LEAKEY’S STORAGE LTD
4.KBJ 614UTOYOTA HILUXPICK UPNZAMBANI, MACHAKOS
5.KCF 091SHONDA FITS/WAGONLEAKEY’S STORAGE LTD
6.KCU 200VVOLKS WAGEN TOUAREGS/WAGONLEAKEY’S STORAGE LTD
7.KDD 003DMAZDA CX5S/WAGONFALKEN, KILIFI
8.KDB 637QHONDA STREAMSCRAP – NO DOCUMENTSS/WAGONMOTOR LAB, NAKURU
9.KDD 303FISUZU TFR S/CABINPICK UPPISTON, MERU
10.KMFY 241HHONDA ACE 125M/CYCLEWELLS FARGO NBI

 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. SALE WILL BE “ON – AS –IS – WHERE – IS – BASIS”.
  2. INTERESTED BIDDERS ARE REQUIRED TO PAY A REFUNDABLE DEPOSIT OF 50,000.00 PER MOTOR VEHICLE & KSHS. 20,000.000 PER MOTOR CYCLE 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)
  3. BIDDING DEPOSIT PAYMENT WILL ONLY BE ACCEPTED BEFORE THE AUCTION BEGINS UPTO STRICTLY 10.30 A.M. ON THE DATE OF THE AUCTION. KINDLY BE ADVISED THAT NO ADDITIONALS WILL BE ACCEPTED DURING THE AUCTION PROCESS. ALL PAYMENTS AFTER 10.30 A.M. WILL BE REVERSED BACK TO YOU AND YOU WILL NOT BE ACTIVATED TO BID.
  4. AMOUNT YOU BID AND CONFIRM DURING THE BIDDING PROCESS IS WHAT WILL BE FORWARDED TO OUR PRINCIPALS HENCE STAND TO LOSE IN CASE OF INCORRECT FIGURES. PLEASE BE GUIDED ACCORDINGLY.
  5. ONE BID PER MOTOR VEHICLE.
  6. 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 DEPOSIT 25% OF THE PURCHASE PRICE FOR ALL THE VEHICLES BIDDEN 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.
  8. SALE IS SUBJECT TO REASONABLE RESERVE PRICES.


N/B:

  1. THE AUCTIONEER IN CONJUNCTION WITH THE PRINCIPAL HAS A RIGHT TO DISQUALIFY ANY UNREASONABLE BID.
  2. ALL SUCCESSFUL BIDDERS TO PROVIDE THEIR ITAX CERTIFICATE.
  3. FOR MORE DETAILS & PHOTOS, PLEASE VISIT OUR WEBSITE: PHILLIPSAUCTIONEERS.CO.KE
  4. CALL/WHATSAPP: 0788 188652 FOR REGISTRATION OR ANY OTHER ASSISTANCE.