Public Auction: Alexandria Customs to Sell Used Passenger Cars on October 7

Chevrolet, Porsche, BMW, Chrysler, Mitsubishi, Land Rover, and Mercedes vehicles are among the lots up for grabs at a major public auction organized by the General Authority for Government Services under the Ministry of Finance. The numbers are clear. A 50,000 EGP security deposit and a 400 EGP conditions booklet are required, with the auction session set for Saturday, October 7 at noon at Al-Hadarat Sports Club hall on Salah Salem Street, facing Ain El-Sira traffic department in Cairo.

What Cars Are Offered at the Alexandria Customs Auction?

The auction features diverse lots of used passenger cars that have been seized, neglected, or abandoned at Alexandria seaport customs. Brands include Chevrolet, Porsche, BMW, Chrysler, Mitsubishi, Land Rover, and Mercedes. Specific models and model years aren't detailed in the official announcement. Vehicles are available for inspection until the session day. Buyers may bring a technician to examine lots before bidding.

Conditions and Fees for Participation

Those wishing to participate must purchase the conditions and specifications booklet for 400 EGP from the authority's headquarters at the Ministry of Finance towers, Tower 2, Ramses Street extension. Paying the security deposit is mandatory one day before the session — 50,000 EGP. Individuals participate with a valid national ID card, while corporate entities must present a tax card. The sale is commission-free, and inspection is the basis of the purchase.

Inspection and Storage Locations

Inspection is available at several yards and warehouses in Alexandria customs. These include the Picasso yard facing Gate 22, Al-Khaleej Club yard, Al-Dekheila customs Al-Sania warehouse, and Hassan Yassin warehouse No. 3. Inspection continues until the session date. On-site examination is a crucial step before submitting a bid.

Payment Procedures After Winning the Bid

The winning bidder pays 30% of the lot value immediately after the session ends. The remainder is due within a maximum of 15 days. The supervising committee confirms the sale is commission-free and that inspection forms the basis of the purchase. This means the buyer bears responsibility for examining the vehicle before bidding. The auction offers a chance to buy used cars at potentially below-market prices, especially given the variety of brands on offer.