USED VEHICLE AUCTIONS.

Used Vehicle Auctions.

BMW Financial Services holds public auctions of repossessed vehicles at various venues. These auctions are managed by independent auctioneers, and the vehicles are available for sale to individual customers, BMW dealers and other interested parties.

Physical Auction Dates:

The independent auctioneers will be hosting auctions on a weekly basis. Please refer to the below links for auction details and venues. Terms and Conditions apply.

Auctioneers:

James Michael Organisation
https://www.michaeljames.co.za/

Auction Operation
http://www.auctionoperation.co.za/

Used Vehicle Auctions Process.
- Identify a vehicle from the list.
- Viewing of vehicles is available the day before each auction from 8:00 - 16:00, at the specified auction venue (Refer to auctioneers website for further information).
- Customers may arrange finance before the auction by following the application process with our Direct Sales team on the contact number listed below.
- Documents required for a personal finance application, include the following:
  - A copy of your ID book and driver’s license,
  - Latest pay slip,
  - Latest 3 month's bank statements to confirm your income,
  - Proof of residence (Utility account not older than 3 months).
- The registration fee to participate in each auction is R 5,000 (payable on the day of auction), which on successful purchase, contributes towards the purchase price of the vehicle.
- FICA compliance is a requirement to participate in any physical or online auction.
- All vehicles financed through BMW Financial Services are registered in the name of BMW Financial Services.
- Vehicles are sold as is (voetstoets).
- Please ensure that you have your original identity book on collection of the vehicle.

USED VEHICLE AUCTIONS VENUES.

BMW Financial Services in conjunction with Aucor and Auction Operation will host physical auctions at the below mentioned venues:

Michael James Organisation:
Province	Physical Address	Contact Number
Western Cape (Cape Town) - Head Office	63 Victoria Street, Somerset West	021 851 7007
Eastern Cape (Port Elizabeth)	2 North Street, North End	041 487 3957
Gauteng (Edenvale)	5 Brundo Road, Sebenza	011 452 2986

Auction Operations:
Province	Physical Address	Contact Number
JHB*	Nr 4 Van Dyk Road, Boksburg	011 914 5939
Pretoria	463 Mitchell Street, Pretoria West	012 327 6452 084 045 5263
Durban	52 Goodwood Road, Pinetown	031 700 1776 072 060 2375
Cape Town	3 Bofors Circle, Epping 2	021 534 7255 083 457 8990
Port Elizabeth	142 Burman Road, Deal Party	041 461 1561
Bloemfontein	5 Valencia Road, Bloemfontein	0861 114 665
JHB	13 Granville, Roodepoort	0861 114 665
*Non Runners will be stored at this venue.

BMW Financial Services (South Africa) (Pty) Ltd. is an Authorised Financial Services & Registered Credit Provider NCRCP2341. For detailed auction rules, auction notices and bidder registration; please visit the respective auctioneer’s websites. Terms and Conditions apply.