Sunday, March 5, 2023

CAR AUCTION - 7 MARCH

Filenews 5 March 2023



By Socrates Ioakim

socratis@phileleftheros. com

A new vehicle auction is scheduled for next Tuesday, March 7, by the Bank of Cyprus.

The auction will take place on Leof. Lemesou 12, 7647 Mosfiloti, Larnaca (Auction Yard) tel. 22124511, 15.00.

The auction includes 52 cars with their initial selling prices ranging from €200-€9,500. In relation to the date of registration of the vehicles, several of which are immobilized, are from 1979 to 2015.

The award to the last bidder will be made if the price of the advantageous is judged, the highest bidder is suitable and if he presents his political identity.

It is noted that each buyer is charged with the delayed registration certificates and the costs of re-registration of the vehicle, while in case of cancellation of the act by the buyer, the deposit is not refunded.

According to the auction regulations, the award should pay 30% of the amount as an advance payment with a minimum amount of €1,000 in cash, while the remaining amount should be paid the next day at any Bank of Cyprus branch.

Finally, we should mention that the cars are delivered once the amount has been paid and if a valid insurance certificate (cover note) is presented.

See the table here