Closed Envelope Auction for Used Cars Launches in Cairo This July
Al-Habashi Company for Expertise and Appraisal has announced a new closed-envelope auction on behalf of a major undisclosed corporation. The auction features a wide range of used vehicles and heavy equipment, with bids to be accepted until Saturday, July 11, without the physical presence of bidders. The sale and inspection session is scheduled for Sunday, July 12.
Vehicles Included in the Auction
The auction includes a diverse selection of vehicles such as truck tractors, cargo trucks, dump trucks, pickup trucks, minibuses, buses, and private passenger cars. Among the notable brands on offer are Volvo, Scania, Iveco, as well as Chevrolet, Lanos, and Isuzu vehicles. The list also extends to include Hyundai, Mercedes, Mazda, and Tata models, providing a broad spectrum for potential buyers in both commercial and private sectors.
Heavy Machinery and Spare Parts
Apart from vehicles, the auction will also feature heavy machinery including two Potain tower cranes, six loaders and winches, and compaction rollers from Group and Hitachi. Additionally, various spare parts for equipment will be up for bidding. This comprehensive mix makes the auction an attractive opportunity for companies in construction, logistics, and transportation looking to upgrade their fleets or acquire additional assets at competitive prices.
How to Participate and Obtain Terms
Interested parties can purchase the terms and specifications booklet from the company's office located at 3 Hassan Sadek Street, Heliopolis. All sales and inspections will be carried out according to the conditions outlined in the booklet. With the closed-envelope system, the auction ensures transparency and fairness for all bidders.
Related News
View All News
1618 Passenger Cars from 2023, 2024, and 2025 Models Exit Dealer Stocks, Appear in September Licenses
September zero-kilometer vehicle licenses recorded 1,618 passenger cars from the 2023, 2024, and 2025 model years, indicating dealers are clearing older inventory into the Egyptian market. The breakdown was 398…
Forthing Prepares to Produce First Electric Vehicle in Egypt by April 2027
Forthing is preparing to start local production of its first electric vehicle in Egypt by April 2027 through its local partner AVM. The Chinese brand is also studying making Egypt…
Official Reveals Who Is Exempt from Egypt's Latest Car Price Hikes
Montaser Zeitoun, a member of Egypt's General Division for Automobiles, confirmed that recent price hikes affected around 20 new car models with increases between EGP 5,000 and EGP 150,000. Buyers…
Golden Dragon Tops Egypt's Bus Sales in August
Bus sales in Egypt rose 35% in August to 1,652 vehicles, up from 1,224 units a year earlier, according to AMIC. Golden Dragon topped the brand rankings with 377 buses,…
Egypt Car Dealers Raise Prices Gradually to Test Market and Maintain Competition
Car dealers in Egypt have raised prices gradually even as the dollar neared EGP 54, aiming to test the market's ability to absorb hikes without losing market share. Distributor Helmy…