If you’re on the lookout for an affordable and reliable second hand car, then you better suit up and be ready to roll this weekend. Why so? HMR will hold its Auto Auction tomorrow, February 11, 2017, at Km. 21 East Service Road, South Superhighway in Sucat, Muntinlupa City.
The HMR Auto Auctions will have 330 vehicles, ranging from subcompact hatchbacks to SUVs. You can expect the following cars at the auction: Hyundai Eon, Kia Picanto, Ford Fiesta, Kia Rio, Mitsubishi Mirage G4, Mazda 2, Toyota Innova, Ford EcoSport, Mitsubishi Montero Sport, among others. To get an idea of the cars listed in the HMR Auto Auction, click this link.
The cars are either retired fleet vehicles, repossessed or consigned vehicles with relatively low mileage. The vehicles listed in HMR Auto Auction can be viewed until 6 p.m. today, February 10, 2017 at Km. 21 East Service Road, South Superhighway in Sucat, Muntinlupa City. However, test drives are not allowed.
To make things more interesting, the vehicles listed on HMR’s Auto Auction have a hammer price of about 20% to 30% less as compared to online classifieds.
Organizers are requiring interested individuals (bidders) to make a bid deposit of P20,000. Of note, the said amount is refundable if the bidder doesn’t win any vehicle.
In case you’re wondering, acquiring a vehicle from an auction is different from the typical used car dealer. The most obvious point is you have to fight for your preferred vehicle – this means that you need to win the bidding process. On the other hand, vehicles listed at auctions have low starting price. With this, there is a possibility to drive home a vehicle with a relatively lower price tag as compared to conventional car dealerships.
The HMR Auto Auction will start at 10 a.m. tomorrow, February 11, 2017 at Km. 21 East Service Road, South Superhighway in Sucat, Muntinlupa City. The starting bid will be announced at the beginning of the live auction.