AUCTION NEWS
Bag yourself a supercar bargain
Lerato Matebese witnessed a number of repossessed supercars go up for auction
Have you ever wondered what goes on at a vehicle auction house and the sort of exotic machinery you can expect to find ? To take a closer look at this, we were recently invited to attend an auction at Park Village Auctions and it turned out to be quite an interesting experience. Vehicle auctions are nothing new, but what truly piqued our interest were some of the exotics that were scheduled to be auctioned off. These included a 2013 Ferrari 458 Italia resplendent in its Rosso Red hue and a 2012 McLaren MP4-12C. There was also a 2014 Audi R8 V8 and a 2015 BMW i8. These are high-end models at relatively bargain prices should you be in the market. For instance, a new Ferrari 458 Italia could easily set you back well over R4.5m, but this 2013 model with a meagre 13,000km on the clock was sold for R3.3m and the bidders were not dilly-dallying, as a deposit of R100,000 needing to be paid by the highest bidder was lodged within five minutes of successfully bidding. The McLaren with 18,072k...
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