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Old 29th August 2016, 16:57   #16
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Re: Car Auctions in India (Customs, Banks etc.)

Quote:
Originally Posted by GTO View Post
Just realised we don't have a dedicated car auctions thread! Moved vinay kamath's post and other helpful ones into this new thread.

Posting details of another auction taking place. Thanks to Naveen Dagar for sharing!
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.
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Old 29th August 2016, 20:02   #17
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Re: Car Auctions in India (Customs, Banks etc.)

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Originally Posted by Tanveer_2558 View Post
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
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Old 30th August 2016, 17:18   #18
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Re: Car Auctions in India (Customs, Banks etc.)

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Originally Posted by dish View Post
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
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Old 1st September 2016, 14:39   #19
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Re: Car Auctions in India (Customs, Banks etc.)

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.
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Old 4th July 2018, 17:19   #20
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Re: Car Auctions in India (Customs, Banks etc.)

SBI puts up a Maserati Quattroporte on auction.

Car Auctions in India (Customs, Banks etc.)-dhqff40waae9sxh.jpg
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Old 3rd August 2018, 15:57   #21
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Re: Car Auctions in India (Customs, Banks etc.)

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.
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Old 3rd August 2018, 16:05   #22
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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.
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Old 13th August 2019, 22:52   #23
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Re: Car Auctions in India (Customs, Banks etc.)

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
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Old 30th August 2019, 12:24   #24
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Re: Car Auctions in India (Customs, Banks etc.)

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

Quote:
I just received a WhatsApp forward mentioning that Mahindra Chakan and Nashik plants are auctioning vehicles at low prices. I'm not sure if the news is genuine or not but since I couldn't find a thread related to it, I'm sharing the file I received.
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Old 30th August 2019, 13:24   #25
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Re: Car Auctions in India (Customs, Banks etc.)

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Originally Posted by ChiragM View Post
Thanks to BHPian VR/46_Chet for sending this information in.
Excellent information - hope folks make use of this

Wonder if Tata also auctions vehicles like this ? Been looking for Telcoline
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Old 1st September 2019, 00:58   #26
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Quote:
Originally Posted by ChiragM View Post
Thanks to BHPian VR/46_Chet for sending this information in. Heartfelt gratitude for sharing it with other enthusiasts via this Team-BHP page!


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

Last edited by moralfibre : 1st September 2019 at 08:11. Reason: Trimming quoted post.
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Old 1st September 2019, 14:47   #27
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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.
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Old 25th August 2022, 21:55   #28
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Re: Car Auctions in India (Customs, Banks etc.)

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.
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Old 25th August 2022, 22:00   #29
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Re: Car Auctions in India (Customs, Banks etc.)

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Originally Posted by motorworks View Post
I really doubt this! Why would Mahindra auction XUV300?
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)
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Old 25th August 2022, 22:35   #30
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Re: Car Auctions in India (Customs, Banks etc.)

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Originally Posted by StarryFurry View Post
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.
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.
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