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Auction Ended 2022-06-23T12:25:00Z

Bank Repossessed Mazda CX-5 2.0 Active A/T (2020)

Retail Value
R 403,300
Location
Gauteng
Year
2020
Kilometers
32,726 km
Transmission
Automatic
Colour
Other
Stock No
MC2202140000
Comfort
AirCon ,
Bluetooth Connection ,
Central Locking ,
Power Steering ,
Power Windows ,
Radio ,
Speakers
Miscellaneous
Key ,
Owners Manual ,
Service Book ,
Spare Key

Notes
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.


Standard Bank Terms and Conditions


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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.
  • When buying a relatively "new" repossessed car, the factory warranty may still be active.
  • 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 Mazda CX-5 2.0 Active A/T

This 2020 year model Mazda CX-5 was previously for sale in Gauteng with an asking price of R 403,300. This low mileage bank repossessed Mazda CX-5 for sale has 32,726km on the clock. The vehicle primary colour is Other. The vehicle has an Automatic transmission. The vehicle has the following comfort features AirCon,Bluetooth Connection,Central Locking,Power Steering,Power Windows,Radio,Speakers.

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