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The supply of auction transport equipment arising from bank repossessions and liquidations has increased as the business climate gets tougher.
But the good news is that demand for these assets matches the inflow, says Park Village Auctions.
This sets the scene for next week's auction of trucks, tractors, trailers, freight carriers, LDVs and earth moving equipment.
The sale takes place at the Nasrec showgrounds, (Gate 16) Landbou Street, Johannesburg, on October 23 at 10.30am.
"These are genuine bank repossessions and liquidations, a large proportion of which are in good condition and present real opportunities for bidders from the hauliers sector, fleet operators, small businesses and civil engineering operations," says LeRoy Augustyn of Park Village Auctions.
The sale includes a wide selection of assorted inventory, including leading brand names such as Mercedes-Benz, Isuzu, Nissan, Volvo, Toyota, Iveco, Tata, Scania, Ford, Hendred Freuhauf and Unitrailer.
For further information, call 011-440-6797 or visit www.pvaproperty.co.za.