Duly instructed by our principals, KENYA ORIENT INSURANCE LIMITED we shall sell by public auction the following motor vehicles ON WEDNESDAY THE 4TH DAY OF JULY 2018 from 11.00 A.M AT OUR OFFICES ON 5TH FLOOR, WESTERN HEIGHTS, KARUNA ROAD WESTLANDS, NAIROBI
|
NO. |
REG. NO. |
MAKE/MODEL |
Y.O.M |
LOCATION |
|
1 |
KAW 987M |
TOYOTA CARIB |
1999 |
TOPVIEW |
|
2 |
KBE 554Y |
MERCEDES AXOR |
2007 |
KYEVALUKI YARD |
|
3 |
KBF 671U |
TOYOTA CALDINA |
2003 |
ACCIDENTAL AUTO GARAGE |
|
4 |
KBF 747U |
TOYOTA FIELDER |
2003 |
KOIL ASSESSMENT CENTRE |
|
5 |
KBH 215S |
M BENZ PRIME MOVER-AXOR |
2005 |
JOKE MOTORS-MAZERAS |
|
6 |
KBP 819D |
MERCEDES ACTROS |
2004 |
CRYSTAL MOTORS |
|
7 |
KBQ 383E |
TOYOTA SURF |
2004 |
CRYSTAL MOTORS |
|
8 |
KBR 157S |
PRIME MOVER |
2006 |
HOME BOYZ GARAGE |
|
9 |
KBR 580G |
FAW-PRIME MOVER |
2011 |
PORTREIZ-INSURED YARD |
|
10 |
KBR 642A |
VW-STATION WAGON |
2004 |
KENYA ORIENT ASSESSMENT CENTRE - KAMPALA RD |
|
11 |
KBV 104G |
TOYOTA HILUX |
2006 |
RACY GARAGE |
|
12 |
KBZ 230B |
ISUZU FTR |
2007 |
KOIL ASSESSMENT CENTRE |
|
13 |
KBZ 987M |
MAZDA DEMIO |
2007 |
KENYA ORIENT ASSESSMENT CENTRE - KAMPALA RD |
|
14 |
KCC 347E |
NISSAN NOTE |
2008 |
RAGATI - KARATINA |
|
15 |
KCD 740S |
VOLKSWAGEN AUTO |
2008 |
MURANGA MOTORS |
|
16 |
KCE 327A |
NISSAN TIIDA |
2008 |
KENYA ORIENT ASSESSMENT CENTRE - KAMPALA RD |
|
17 |
KCF 515E |
FUSO FZ TIPPER |
2015 |
KENYA ORIENT ASSESSMENT CENTRE - KAMPALA RD |
|
18 |
KCF 790W |
FAW –CAJ280 |
2015 |
TRANSAFRICA MOTORS LIMITED |
|
19 |
KCJ 221W |
NISSAN WINGROAD |
2009 |
KENYA ORIENT ASSESSMENT CENTRE - KAMPALA RD |
|
20 |
KCN 177H |
SUBARU IMPREZA |
2009 |
TJ & U GARAGE |
|
21 |
KCN 246S |
NISSAN TIIDA |
2010 |
DUNJOS MOTORS |
CONDITIONS OF SALE
- Viewing will be from 25.06.2018 to 03.07.2018 (during normal working hours) at their respective garages/yards.
- All amounts shall be deposited in Kenya Orient Insurance Limited Account No.06800000259 at Family Bank Limited, Fourways Towers. No cash shall be accepted in their offices.
- A refundable deposit of Kshs50,000 will be payable to Kenya Orient Insurance Ltd by prospective bidders through bank deposit as under 2 above, and receipt thereof issued in their offices. We shall issue a catalogue and a bidding number to prospective bidder upon production of receipt from Kenya Orient Insurance Ltd. Please note that there shall be no bidding whatsoever without a bidding number. Further note that no bankers cheques or CASH will be accepted at the venue of the auction.
- Please note that each Kshs50,000 bidding deposit will be limited to purchasing a maximum of 1 (one) vehicle only. Any bidder intending to purchase more vehicles must pay the requisite amount of bidding deposits before the auction date.
- Unsuccessful bidders shall be refunded their deposits immediately after the auction.
- Successful bidders will pay 25% of the bid amount by close of business on the same day (amount includes deposit of Kshs50,000) failing which the deposit shall be forfeited and the salvage sold to the second highest bidder. The 75% balance shall be paid within 7 days after the auction through bank deposit as under 2 above. The buyer will forfeit any amounts paid, if he/she fails to pay either the deposit or the balance within the stipulated time-frame.
- Kenya Orient Insurance Ltd shall bear storage charges up to 7 days after date of auction. Any further accrued storage will be borne by the buyer.
- Sale will be subject to reasonable reserve prices and the full amount for all vehicles bided shall be paid before release of any other vehicles.
- Bidders who successfully bid for vehicles above Kshs 1million will have to pay Kshs 200,000 bidding deposit at the fall of the hammer.
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