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Luxury vehicles among assets going under hammer

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his 2024 Omoda C5 1.5T Luxury S10 will also be sold by public auction. (R) Among the cars going under the hammer is this 2024 Toyota Urban Cruiser 1.5XR AT.
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MBABANE – Several luxury and late-model vehicles will go under the hammer today when Rexy’s Investments conducts a public auction on behalf of Standard Bank Eswatini.

The auction, scheduled for today, at the Standard Bank Warehouse in Matsapha, will feature a range of vehicles, truck tractors, trailers and heavy-duty machinery that are set to attract interest from both individual buyers and businesses.

The auction will also include several commercial trucks, including two Scania G460 truck tractors, a 2021 Powerstar 2646T sleeper truck, a 2021 Mercedes-Benz Actros 2645LS and a 2021 Hino 300 714 dropside truck.

For companies operating in the transport and logistics sectors, a number of side tipper trailers will be available, while the heavy equipment section features machinery such as a 2021 Bell Skogger loader, a 2018 Dezzi DS120T 4×4 cable skidder and a 2022 Dezzi DL36B three-wheel logger.

According to the auction notice, the sale will commence at 10:30am at the Standard Bank Warehouse located below Ruchi Wholesalers next to USave Supermarket in Matsapha.

Prospective bidders are required to pay a refundable registration deposit of E10 000 on the day of the auction. Payments will be accepted through EFT or eWallet services, while a five percent buyer’s premium will apply to all successful purchases.

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Written by
Nhlanganiso Mkhonta

Nhlanganiso Mkhonta serves as Business Editor at the Times of Eswatini. He reports on business, economics, finance, investment, entrepreneurship and public policy, producing insightful coverage and analysis of the issues driving Eswatini’s economy and the wider African business environment.

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