CHEVY SELECTION AT SCC CARS AUCTION

MBABANE - Bidders have been presented an opportunity to take advantage Swaziland Competition Commission (SCC) cars auction to own a sport utility vehicle (SUV) and sedans on Monday.

Duly instructed by the Swaziland Competition Commission, Swazi Auctioneers (Pty) Ltd will dispose of three motor vehicles by public auction at the Golf Course Office Park, Mbabane, where SCC offices are located.
The auction will be conducted on Monday at 10am.

Bidders interested in participating at the auction are expected to pay a refundable deposit of E3 000, which shall be payable upon registration at Swazi Auctioneers (Pty) Ltd Offices.

Auction Administrator at Swazi Auctioneers (Pty) Ltd Buhle Masina said for the auction they shall be considering strictly cash, bank guarantee or electronic transfers (EFT) only for the registration and no cheques.

The vehicles that shall be going under the hammer on Monday shall be an SUV, Chevrolet Captiva LT, which is an automatic transmission. Masina said the vehicle was in good running condition.
“It has clocked about 140 000 kilometres (kms) on its mileage.”

She said another vehicle that shall be bidded for was 2010 Chevrolet Cruz; with a manual transmission. Masina said the vehicle was in good running condition and had amassed about 113 000 kilometres.
“A new engine was recently fitted and has a dent on the rear left hand side that needs minor attention.”

Third

The third vehicle that shall be auctioned is a 2011 model Chevrolet Cruz, manual. It has a mileage of 108 000 kilometres and is in good condition.
Viewing of the motor vehicles was conducted as of yesterday and shall also continue today at noon until 2pm at the same premises where the auction will be held.
The auctioneer could not disclose the reserve prices; but instead said: “The public must attend the auction as the vehicles were well maintained and all have a full service history by the dealer.”

She said those who were willing to attain clarity or any further information could contact her on 7602 5047 or email: admin@swaziauctioneers.co.za.
It should be mentioned that auctions where premium vehicles are sold at low reserve prices than what the retail market has to offer continue to gain interest among bidders. This could also be attributed to the disclosure by ‘Dubai’ car dealerships that they could soon hike their prices as a result of the import levy which increases their business costs.

‘Dubai’s’ as they are commonly known locally, refer to motor vehicles imported from countries outside Africa, especially Asia. Government recently introduced an import levy on non-Southern African Customs Union (SACU) used vehicles of three and six per cent levy, respectively.

The levy being collected by the Eswatini Revenue Authority (SRA) was imposed strictly on all motor vehicles being imported into the kingdom from outside the region.

In exercise of powers conferred by section three of the Import and Control Order of 1976, the three per cent of total value gets imposed on every motor vehicle that is between six to ten years old.
For a motor vehicle that is 11 to 15 years old, a levy of six per cent of free on-board customs value gets charged.

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