Bank of Egypt Auction Offers 41 Passenger Cars for Sale on June 30

Banque Misr has announced a public auction for the sale of 41 used passenger cars, scheduled to take place on Tuesday, June 30, 2026. The auction session will begin at 12:00 PM, with expectations of strong interest from buyers seeking competitive prices. The bank has not yet disclosed the auction venue, but confirmed that all details regarding the location and vehicle inspection are available in the terms and conditions booklet.

Key Vehicles on Offer

The auction features a diverse range of vehicles, with model years spanning from 2014 to 2022. Notable models include the Toyota Corolla, Hyundai Elantra HD, Opel Insignia, Nissan Sunny, and Nissan Sentra. The list also includes the Chevrolet Cruze, BMW 320i, and MG 360.

How to Obtain the Terms Booklet

Banque Misr stated that the terms and conditions booklet contains all necessary information, including the required insurance deposit for participation, the auction venue, and inspection schedules. Interested buyers can obtain the booklet from the office of accredited appraiser Ibrahim Aref, located at 2 Sherif Amarat El-Lewa Street in Bab El-Louk, where they can also review the required documentation.

Bank-organised vehicle auctions in Egypt are known for attracting significant attention, as the cars on offer are typically in good condition and undergo prior technical inspection, giving buyers greater confidence in their purchase. Experts recommend that participants inspect the vehicles in person before the auction date and carefully review the terms booklet to ensure a successful buying experience.