Monday 3rd July, Pacis Insurance sell of accident vehicles (salvages) through online bidding

Duly instructed by our principals, PACIS INSURANCE COMPANY LIMITED, we shall sell by public auction the following ACCIDENT VEHICLES (SALVAGES) THROUGH OUR ONLINE BIDDING PLATFORM: www.phillipsauctioneers.co.ke on Monday 3rd July 2023 – STARTING FROM 11.00 A.M. TO 1.00 P.M. 

  REG. NO MAKE / MODEL B. TYPE VIEWING LOCATION
1 KCX 827N TOYOTA VITZ   LEAKEY’S STORAGE LTD
2 KCB 365W TOYOTA RACTIS   NDIKA GARAGE
3 KAS   535Z TOYOTA HILUX   TRUEVINE GARAGE
4 KDE 179W ASHOK LEYLAND  TIPPER KAMAU’S GARAGE

CONDITIONS OF SALE:

  1. Viewing can be done at THE VARIOUS LOCATIONS INDICATED ABOVE during normal working hours and through Our Website: www.phillipsauctioneers.co.ke to verify the details as these are not warranted by the auctioneers or the 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 in form of a BANKER’S CHEQUE drawn in the name of PACIS INSURANCE COMPANY LIMITED to obtain a bidding number.
  4. BIDDING DEPOSIT PAYMENT WILL ONLY BE ACCEPTED BEFORE THE AUCTION BEGINS AND NO ADDITIONALS WILL BE ACCEPTED DURING THE AUCTION PROCESS LATEST AT 10.50 A.M.
  5. 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.
  6. ONE BID PER MOTOR VEHICLE (MAXIMUM TWO BIDS).
    STRICTLY BANKER’S CHEQUES
    ONE BIDDER – MAXIMUM TWO (2) SALVAGES
    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.

  1. 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.
  2. 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: www.phillipsauctioneers.co.ke