All vehicles are sold through an auction process "voetstoots" with no warranties/guarantees and with
no duty to repair. This vehicle is sold according to year of first registration on Natis document
and as is with no warranties/guarantees. Furthermore no warrantee/guarantee is provided regarding
any functional components.
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This facility is produced by the Standard Bank of South Africa
Ltd ("the Bank") for information purposes only. Information on
this website is not warranted to be correct at all times. All
vehicles are sold as is. The Bank does not guarantee a specific
condition, state, added features or items of any vehicle. Any
user making an offer participates in a tender bidding process
and the Bank, in its sole and unbiased discretion, and for
whatever reason retains the right to accept or reject any offer
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As this is an online auction with a defined expiry date/time, it is important to place
your best bid before the close of the auction. Should you wait until the last second you
may experience a slow internet connection from your internet provider, and may run the
risk of your bid not being placed in time.
If a bid is received a few minutes before an auction closes, the auction will be
extended for a further 2 minutes.
This Vehicle is SOLD ‘AS IS’ with NO WARRANTIES /GUARANTEES and although it may be
advertised as a ‘RUNNER’, this simply means that the engine starts. Furthermore NO
WARRANTEE / GUARANTEE is provided regarding any functional components.
What is a Bank Repossessed Car?
Bank repossessed cars are assets that a financial institution has taken back from a client who has
failed to pay for it. This financial institution can then decide to either keep the vehicles for
compensation or sell the cars to recuperate costs and does this via means of bank repossessed
auctions.
Here are some benefits when buying a repossessed car on auction:
When buying a new car, the value of the car falls as soon as you drive it off the showroom floor. With repossessed cars, that value has already taken the plunge and it loses value more slowly.
Depending on the brand, you save a lot of money on a repossessed car. Some brands lose value faster than other brands.
If you are looking for a specific car and keeping a thorough eye on the MyCars website, it is bound to make its appearance. Create an email alert and get notified when it is on auction.
Repossessed cars are often sold for much less than they are worth, giving you great value for money.
Create Similar Mail Alert
Used BMW 1 Series I12 I8 Coupe
This 2015 year model BMW 1 Series was previously for sale in Western Cape with an asking price of R 1,450,000. This low mileage bank repo BMW 1 Series for sale has 1,790km on the clock. The vehicle primary colour is SILVER. The vehicle has a Manual transmission. The vehicle has the following comfort features Leather Seats,Power Passenger Seat,Power Driver Seat,Navigation System,Bluetooth Connection,Power Windows,AM/FM Stereo,Central Locking,Electric Seats,Power Steering,Radio,PDC Front,PDC Rear,Speakers,Power Steering,Air Conditioning. The vehicle has the following safety features Xenon Headlights.
By creating an AutoBid, the minimum viable bid will be entered in the auction as soon as the auction commences and our auction system will place bids on your behalf up to your AutoBid amount.
You require a deposit to bid on this car.
If you currently have the highest bid on another vehicle, we require an additional deposit.
Please follow this link to add a deposit.