On March 29, a representative of Minh Nhat Auction Partnership Company said that in early January enterprise has announced the 4th auction with 7 vehicles (including 6 car and 1 motorcycle) managed by the Office of the Police Investigation Agency of Ha Tinh Provincial Police.
As well as 3rd auction The management agency decided that the starting price for this lot of cars is more than 95 billion VND (a decrease of more than 1 billion VND compared to the first 2 times). But this auction still has no interested customers.
“We will continue to propose to reduce the starting price by another 20-30% to hopefully resolve this batch of cars” said a representative of the bidding company. Shared price.
As Dan Tri reported, the assets up for auction include 7 vehicle: yellow Volkwagens Beetle car manufactured in 1999 in Mexico; black Lexus LX 570 car, 5.7L capacity, manufactured in 2018 in Japan;
Black blue Land Rover brand car, Range Rover model number, 2.0L capacity, manufactured in 2016 in the UK; Land Rover brand car, white Range Rover, 2.0L capacity, manufactured in 2016 in the UK;
Car Hyundai White Santa Fe produced in year 2014 in China; black Kia Sportage car manufactured in 2005 in Korea;
Ducati Multistrada motorbike manufactured in 2017 in Italy with a capacity of 1,198cc.
Digital origin The above vehicle is property confiscated for state funds and has been established as ownership by the entire people.
From October 2023 to January 2024, Minh Nhat Auction Partnership Company announced the auction of the above property lot 4 times. The first two times the starting price of this car lot was 105 billion VND; The third and fourth times reduced it to more than 95 billion VND.
All 4 times were unsuccessful because customers thought the starting price was high.
According to an expert Auctioning a lot of 7 vehicles at a time usually only receives the attention of car dealers, but this group of customers believes that even if they win, it will hardly bring a profit. As for individuals, if they want to auction as a means of transportation, they will only buy 1-2 cars and cannot auction the whole lot at once like above.
Used luxury car models when auctioned The price also makes interested people consider carefully because it is difficult to accurately assess the condition of the vehicle, especially when they are not preserved in good conditions. That’s also the fact that the current luxury car market is not too vibrant with expensive cars picking on customers.
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