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The MSTC link i don't think will work directly, We will have to search the auction number and then get the details, Possibility of getting the auction number? I Am very interested since i already have a firm registered on MSTC and i am looking around to buy the upgrade from the jetta.

Try this - http://www.mstcindia.co.in/ > Upcoming Events > Category wise item view > Used Vehicles

This page is worth a dekko
http://www.mstcindia.co.in/CalenderV...m_Details.aspx

One got to see the MERC's, AUDI's, VOLVO's, LEXUS's, BENTLEY's posted there. Best thing all exotics are posted with PHOTOS.

Regards-Sonu

Further update on PACL auction:

http://wap.business-standard.com/art...3100403_1.html

Around 30 of 47 cars could find owners, re auction for balance soon.

SBI puts up a Maserati Quattroporte on auction.

Any links to such auctions? I hear that there are some steal deals in such auctions. Although I am looking for cars like the Cruze, Jetta, Laura types.

Its more of advertisement on local newspapers for banks. The way it works is, they will have auction every month where minimum price is fixed. You have minimum increment for each bid and its not an e-auction. They generally do not reduce the price for 6 months if unsold.

I know of atleast one Mini and a Porche up for grabs in bangalore with sbi. For the mini, price quoted is 36 lakh.

I have been looking for a 207, and found one listed in Karnataka govt auction. But looks like one has to go through channels. Any one have any contacts with listed agencies who can bid on these ? Any help appreicated

Thanks to BHPian VR/46_Chet for sending this information in. Heartfelt gratitude for sharing it with other enthusiasts via this Team-BHP page!

Excellent information - hope folks make use of this

Wonder if Tata also auctions vehicles like this ? Been looking for Telcoline

How can one take part in this or bid? Where can we get more details?

I really doubt this! Why would Mahindra auction XUV300? While i can understand cars like Nuvosport and even a few commercial vehicles that have been discontinued, I cannot believe Mahindra needs to auction the newer cars.

How is the car transferred to the buyer's name in bank auctions if the buyer is from different state? Basically what I am asking is that if I participate in a bank's car auction in different state and I end up winning it then how can I get the car transferred to my name?
I am very much confused and unfortunately internet also doesn't have any concrete info regarding this.

May be a test vehicle that is in decent enough condition to not be scrapped ? Only a check of the vehicle can tell us

(I know it's a 3 year old post)

I haven't tried anythink like that, but I presume once you win the bid the bank transfers the car in your name. Will give you NOC of loan(there are 2 forms) and some sale letter as the car is hypothecated to bank so bank is the owner. Then the usual transfer process of car to your name through RTO and after that NOC for road tax.