Santander Brazil´s Online Auction Features Repossessed Vehicles

RIO DE JANEIRO, BRAZIL – The 10th edition of the auction of repossessed cars by Santander bank will be held next Tuesday, November 17th, at 10 AM. The event, organized by Sato Auctions, offers cars, motorcycles and SUVs, with bids starting at R$5,000 (US$925).

Among the lots are a Dodge Journey R T 2011/2011, with bids starting from R$16,500, and a Jeep Cherokee LTD 3.7 2012/2012, with an initial bid of R$21,000. According to the FIPE (Institute of Economic Research Foundation) table, the value for the 2012 Journey model is R$48,000 and about R$60,000 for the Cherokee.

For those looking for utility vehicles, there is a Fiat Ducato Multi Revesc 2013/2013 and a Renault Master MBUS L3H2 2014/2015, with bids starting from R$31,000 and R$44,000  respectively.

In the motorcycles category a Honda XRE 300 2016/2016 is available, with bids starting from R$6,500. Among the popular cars, there is a Volkswagen UP Take MCV 2017/2018, with initial bids from R$14,000.

In this edition consumers may choose to receive the asset acquired at home, through the Car Delivery system. Moreover, the lots can be viewed at the auction house patio, located in the city of Ribeirão Pires/SP, between November 13th and 16th, from 9 AM to 11:30 AM and from 1:30 PM to 4 PM.

The auction will be streamed online, on the website and the auction house channel on YouTube.

Source: Exame

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