I've heard of that someone told me the bid kept increasing and she just couldn't keep up so she just stopped bidding jiki jiki she was awarded the car 🤔🤔🤔
Hi Nicolette when you get time please do a video on rent to own and recommended places where one can actually get a car that is rent to own with pros and cons.
Bought my 1st car at an auction in 2016,no problems still runs today. Do your research, take a mechanic if needed.. A car isn't necessarily an investment so theres no need to break the bank
I bought at SMD the one in Boksburg... You go on the viewing days all the cars are there, pick the ones you would like to bid on. Register.. And better to go with someone who knows about cars or even a trusted mechanic..
Check SMD webside, the cars are listed there as well.. Also you guys can check out other car Auction places ( nedbank has for repossessed cars, most of the dates are listed on the websites.)
The finance route is there to make your life easier, the more you're willing to pay, the easier and quicker your things will move. So I guess you were in a hurry to buy or just didn't have the heart to do homework. Congratulations by the way 😊😉
Kala Gift i just really thought my insecurities about buying a used car, I mean I really dont know a lot about cars so I decided to buy a new one maybe the second car will be from an auction 💃🏾 but listen im loving this TSI guys. DSG gear 🔥
Wow, literally everything you just shared now i have learnt about it while i was doing my 2nd year "Commercial Law-General Principles of contract" you are so spot on Sis wam. Thank you so much, i didn't know that voestoots clause is applicable to auction. I''m sharing this clip! Stay blessed my sister we love you. 😍 💕
Yes people, a car is a mode of transportation most of the time so always remember the purpose of buying a car, you're buying it to get to work not for people to see you have made.
Good information. Before you buy anything, ask yourself these three questions; Do you want it? Do you need it? Do you have to have it? I bought my cars at the auction
There is truth in your “I’m just joking” 😂🤔.... I appreciate you so much since Namibia financial dealing is not far from SA, and even exactly the same I some cases
If you have intention to buy, have a good mechanic with you. I bought a car at the auction last year and it was being sold as a runner. On the day of collection I realized that the car has had a problem, but I was like "this is a minor problem I'll take it to panel beaters" Long story short, took it for panel beating and guess what I ended up paying more than 50grand just to fix it but again it still has some other problems. When I bought the car it had less than 1000km in it.
Thank you for this, I have been planning to go this route next year because I learnt a lot from my first voetstoots plus I know plenty of people who have purchased a vehicle from an auction.🤞
Cars are just babies who really stress the heck out of us whenever they need some maintenance. I'm so glad we can choose which "baby" to buy and they don't just show. I love them so much though! They should keep coming my way coz I can do general service my self so the bill is lowerrrrrrrr
A friend bought a “quantum” at an auction only to find that it’s actually a panel van and can’t be used as public transport which is what he had intended to use it for
Thanks for this. My 2020 plan is to buy 2015 Jetta TDi or 2016 Polo TDi sedan from an auction. My budget is R100 000. After watching this video I feel like my 100k is more than enough.
Very insightful....I have never been to an auction nor do I know of any auction houses,,,Thank you for this video I am constantly learning in this channel
People who dislike this channel are probably the first listen to the gems dropped here and benefit from the channel. But they do not want other people to benefit from this wisdom.
I heard a rumor that rich people(Companies) go to Auctions first before everything is auctioned for the public and they buy them first at the cheapest price with great conditions. The day of Auction when normal people go to auction they get rejected things even though they look like a bargain.
Hi Nicolette, I hope you’re well. I would like to ask; •Is it possible for a bank e.g wesbank to finance a car that you buy at an auction? • Let’s say you buy a second hand car from a dealership, you paying the car via installments (the car is R200 000) and you’re paying for insurance, it still under warranty. After driving the car for few 2months a problem arises, engine related, when you take it to workshop for repairs they say its going to cost (R170 000) to fix the problem and the insurance doesn’t want to pay they say the issue was caused by your negligence. 1. What can you do? 2. Can you take the car back to the dealership before you can fix it? 3. Is it possible for such a problem to cost almost the same as the car price? 4. How can ombudsman help in this case? 5. According to Consumer Protection Act can you take the car back to the dealership and demand your refund if the 60days hasn’t passed? I’m asking lot of staff please bare with me
A car is not an investment if you only use it to take you from *point A to point B.* Auctions are good if you wanna safe cost and out 🆙 the car to help make you money. Now that's *investmt/asset* but be sure to know everything about the car.
A car is also an investment if it just takes you from point A to point B, because taking you to point A to point B can be generating you money as well.
Nombuso Mdletshe she still does not qualify for it. Her advise is not the best I know a few people who listened to her so-called advise and are currently regretting
Thank you very much for this highly informative video. Where have you been all my life... Hawe Jesu weMa! Instead of focusing on the advice I'm busy getting lost in your eyes... 😊... I had to draw a map in order to find my way to finishing the video.
Hey Nicolette can you please make a video on the mileage and KM of the car are those km remaining Some of us will be the first one's to buy a car in our homes so we are not familiar with those things Thank you so much for your content
Hi Nicolette, haha watching this video for the 3rd time now. im just curious, if i want to go into buying cars at the auction and selling them, do i need to register a business immediately or can i buy and sell, also what happens with tax and all that? your response will be highly appreciated.
Hi Nicollet Your videos are so informative, for the purpose of attention (items of the eyes) when using one camera I suggest - not having your so close to the screen, I see straight into your eyelashes - add graphics e.g. highlight of the things you talking about - it's some how watching a face straight in front of you for 11mins. Also consider it for Smart TV TH-cam Viewing
Great work you r doing my beautiful Sister, give financial education to our folks, especially us previously excluded by the Capitalist parasitic system which always want to prey on our brothers and sisters! Great Work... keep up.
nicollete you are a boss hey, you are the illest. thank you so much. this video was clarity to me. i have been going to auctions and i was seeking validation but this is it.
Hii, off topic with this video/on topic with what your brand is about, can you pls make a video on what ABSA advantage(ABSA rewards) is all about and what are some of the things you'll be required to do, i wanted to participate in it mara when I did research on it, I could hardly find info about what will be required for me to do to earn the rewards
Hey which auction house did you buy from and how did you go about things on the viewing date? Like bringing a mechanic and stuff just to verify functionality of the car
@@vuyaniis9906 it was at Wesbank auction I went a day beforehand to 1st view and ask questions they'll tell everything about the cars before you make decision but if you wanna go with a mechanic as well its no problem
Hi Nicolette, I really am interested in selling my written off car. Initially I thought you would explain how much did the couple get for their written off car , Before acquiring a new car from the auction. Thanks for this though. I will research
You must also be carefully of ghost bidders - people who bid with no intend to buy but to push the price up. Usually people from the auction
this is actually useful information. thanks
I've heard of that someone told me the bid kept increasing and she just couldn't keep up so she just stopped bidding jiki jiki she was awarded the car 🤔🤔🤔
@Timothy Mphuthi that's true!
Once saw a Polo Vivo being sold for more than 100k at an auction.. That's excluding the auction fees.
50% of the attendees at auction are ghost
@@zamokuhlemncwabe2664 Why are are they ghosting if they are not gonna buy though?
Hi Nicolette when you get time please do a video on rent to own and recommended places where one can actually get a car that is rent to own with pros and cons.
Bought my 1st car at an auction in 2016,no problems still runs today. Do your research, take a mechanic if needed.. A car isn't necessarily an investment so theres no need to break the bank
Which auction did you buy it at?
And what car was it? I'm looking for a car and some light would help. Thank you
I pray I get this lucky! I don't want to pay the full price
I bought at SMD the one in Boksburg... You go on the viewing days all the cars are there, pick the ones you would like to bid on. Register.. And better to go with someone who knows about cars or even a trusted mechanic..
Check SMD webside, the cars are listed there as well.. Also you guys can check out other car Auction places ( nedbank has for repossessed cars, most of the dates are listed on the websites.)
Hi, At Aucor by Samrand you can just walk in and watch the auction which happens on Saturdays.
I just want to say thank you, thank you for all this knowledge that you share with us. I have become more financially savvy all because of you.
I'm really happy I came across this channel. This is just what I need. Thank you, Nicolette 🙏🏼
I bought my Ford Focus at an auction for R17k including commission n vat n I only had to buy a battery for it n everything is perfect.
GR_ Techz bruh what? Where you buy it?
@@begratefuleveryday5245 😂😂 Pretoria, I know these things
GR_ Techz you do? Dude please help me 😭
@@begratefuleveryday5245 where you based?
GR_ Techz I work in PTA
Clicked fast af cos I’m actually looking for a car!!!! Nicolette you are a God sent. 😘
hi Boitumelo, did you find one? and where? looking for a car as well
Dude I ended up going finance route, bought a TSI 2019 Auto. Its greeeeeeat 💃🏾💯💯💯
The finance route is there to make your life easier, the more you're willing to pay, the easier and quicker your things will move. So I guess you were in a hurry to buy or just didn't have the heart to do homework.
Congratulations by the way 😊😉
Kala Gift i just really thought my insecurities about buying a used car, I mean I really dont know a lot about cars so I decided to buy a new one maybe the second car will be from an auction 💃🏾 but listen im loving this TSI guys. DSG gear 🔥
Thank you Nicolette, a lot us will be emancipated from debts because of the wisdom you keep spreading. May the Lord bless you more
Wow, literally everything you just shared now i have learnt about it while i was doing my 2nd year "Commercial Law-General Principles of contract" you are so spot on Sis wam. Thank you so much, i didn't know that voestoots clause is applicable to auction. I''m sharing this clip! Stay blessed my sister we love you. 😍 💕
Bought my car on auction in 2015. Till now 2021 it's never given me an engine problem. Still rolling.
Which auction did you buy from?
@@zoeyxoxo1482 SMD
Yes people, a car is a mode of transportation most of the time so always remember the purpose of buying a car, you're buying it to get to work not for people to see you have made.
Good information. Before you buy anything, ask yourself these three questions;
Do you want it?
Do you need it?
Do you have to have it?
I bought my cars at the auction
Oh nice would like someone to guide me through this process of buying from the auction, would you please assist.
how did you pay for it? cash or loan?
Hey which auction house did you buy from and for how long have you had the car?
What did you do on viewing day.
Financial education is a must-have...thank you for always coming through for us
There is truth in your “I’m just joking” 😂🤔.... I appreciate you so much since Namibia financial dealing is not far from SA, and even exactly the same I some cases
Concise, Informative & Elaborative! 👌
Rea leboga Nicolette 🙇♂️
You went straight for polo drivers unprovoked!!😂😂🔥
This information is even relevant today..... Thanks Nkosazana.
You deserve way more subscribers. I can't believe we are getting this info for free. Thank you so much.
If you have intention to buy, have a good mechanic with you.
I bought a car at the auction last year and it was being sold as a runner. On the day of collection I realized that the car has had a problem, but I was like "this is a minor problem I'll take it to panel beaters"
Long story short, took it for panel beating and guess what I ended up paying more than 50grand just to fix it but again it still has some other problems.
When I bought the car it had less than 1000km in it.
Was planning to buy at an auction next year. Thank you for this.
The registration fee is fully refundable if you’re unsuccessful. Roadworthy tests are at the buyers costs and they need to arrange such
To think I was literally just researching now.
You read my mind, thank you ❤️
TY Very informative 🌝
😅😅😅😅that of polo ,🙆gal it got me big, mara why vele😅😅😅, thank you Nicollet 😍
Lol cause nithanda ama Polo
I dunno who this lady is, but she is actually spot on. Love it!
Thank you for this, I have been planning to go this route next year because I learnt a lot from my first voetstoots plus I know plenty of people who have purchased a vehicle from an auction.🤞
Thank You, May GOD continue to bless you.
I'm love that you not bias or try to advocate for a brand.
Hi Nicolette cn u pls kindly do a video abt pros & cons of buying vs leasing a car.
Thank u, I will buy my first car at an Auction. Something to travel from & to work😝
I can not thank you enough for this video. Thank God my previous bit didn't go through. I will try again this time with knowledge
Cars are just babies who really stress the heck out of us whenever they need some maintenance. I'm so glad we can choose which "baby" to buy and they don't just show. I love them so much though! They should keep coming my way coz I can do general service my self so the bill is lowerrrrrrrr
Yooh! I wish you were my mentor. You delivered a very clear explanation of an auction process. Thank you so much. Amazing 👏
Nice video, I like all the videos of Nicolette were she speaks from her knowledge.. unlike video that are pre- rehearsed
Wow thank you for this valuable info. I was planning to buy my car at the auction, I needed this info.
A friend bought a “quantum” at an auction only to find that it’s actually a panel van and can’t be used as public transport which is what he had intended to use it for
Thank you. I was actually planning on buying my second car at an auction next month and you brought some insights I hadn’t thought of ♥️
Hey Nonkululeko.
Did you end up buying at the auction? How did it go? I'm looking to buy
I enjoyed this video... 😊 informative & still entertained
Thanks for this. My 2020 plan is to buy 2015 Jetta TDi or 2016 Polo TDi sedan from an auction. My budget is R100 000. After watching this video I feel like my 100k is more than enough.
Hey Siya. I'm interested in knowing how this went?
Was your budget sufficient? Any problems with the car? Did you get the car you were looking for?
Hey always looking forward to u video am inspired so far .
I have been checking out auction site a lot...
Thank you for this nicollet❤️
Me last night!! My top1 car was there at some really good mileage 🙆🏽♀️
Hey Which auction site are you checking out?
I had to like and comment and watch later. I know it's going to be valuable information 🤗
Liked this so quick because I been looking for a brief regarding car buying at an auction. Thank colettd
Great tips. Young professionals can definitely benefit from this.
Very insightful....I have never been to an auction nor do I know of any auction houses,,,Thank you for this video I am constantly learning in this channel
People who dislike this channel are probably the first listen to the gems dropped here and benefit from the channel. But they do not want other people to benefit from this wisdom.
I heard a rumor that rich people(Companies) go to Auctions first before everything is auctioned for the public and they buy them first at the cheapest price with great conditions. The day of Auction when normal people go to auction they get rejected things even though they look like a bargain.
I wouldn’t put this past people with money
This is the kind of content I've been looking for😁🔥
Hi Nicolette,
I hope you’re well.
I would like to ask;
•Is it possible for a bank e.g wesbank to finance a car that you buy at an auction?
• Let’s say you buy a second hand car from a dealership, you paying the car via installments (the car is R200 000) and you’re paying for insurance, it still under warranty. After driving the car for few 2months a problem arises, engine related, when you take it to workshop for repairs they say its going to cost (R170 000) to fix the problem and the insurance doesn’t want to pay they say the issue was caused by your negligence.
1. What can you do?
2. Can you take the car back to the dealership before you can fix it?
3. Is it possible for such a problem to cost almost the same as the car price?
4. How can ombudsman help in this case?
5. According to Consumer Protection Act can you take the car back to the dealership and demand your refund if the 60days hasn’t passed?
I’m asking lot of staff please bare with me
A car is not an investment if you only use it to take you from *point A to point B.* Auctions are good if you wanna safe cost and out 🆙 the car to help make you money. Now that's *investmt/asset* but be sure to know everything about the car.
A car is also an investment if it just takes you from point A to point B, because taking you to point A to point B can be generating you money as well.
😂😂😂😂 Yes sometimes you are buying someone’s tears at an auction. Informative video as always. Thank you 🙏
🙏🏾🙏🏾🙏🏾
I think 90% if not 💯 of the time, it definitely is someone's tears. 🤣🤣😂
Thank you so much for the overall information🌺🌺
very informative especially for me as im working on starting my own business of buying and selling cars
Informative and entertaining, love your energy 👌
Daaaaaaamn! I like your new hairstyle!!! Sweet 21!
As always meaning information when we need it as if you can read our minds🙌🙌🙌
Someone should give you an honorary fsp licence.
Louxid Blaxk 😂😂
She doesn’t qualify for that
@@releM15 hence the honorary 👀
Nombuso Mdletshe she still does not qualify for it. Her advise is not the best I know a few people who listened to her so-called advise and are currently regretting
@@releM15 okay
You're 100% correct. Buying a car at the action is a risk. I once did that and regret.
What happened? if you dont mind sharing?
You are very well-spoken
Thank you for your advise Nicolette
Great video, will be sharing with some peeps
I aspire to be you❤❤Thank you for educating us
The extra costs factor is very helpful
Thank you very much for this highly informative video. Where have you been all my life... Hawe Jesu weMa! Instead of focusing on the advice I'm busy getting lost in your eyes... 😊... I had to draw a map in order to find my way to finishing the video.
My fave❤thankyou for the information it's always worth it
useful info. thanks for informing us and keep up this info
Hey Nicolette can you please make a video on the mileage and KM of the car are those km remaining
Some of us will be the first one's to buy a car in our homes so we are not familiar with those things
Thank you so much for your content
What must I do to register an auction
Hi Nicolette, haha watching this video for the 3rd time now. im just curious, if i want to go into buying cars at the auction and selling them, do i need to register a business immediately or can i buy and sell, also what happens with tax and all that? your response will be highly appreciated.
Hi Nicollet
Your videos are so informative, for the purpose of attention (items of the eyes) when using one camera I suggest
- not having your so close to the screen, I see straight into your eyelashes
- add graphics e.g. highlight of the things you talking about
- it's some how watching a face straight in front of you for 11mins.
Also consider it for Smart TV TH-cam Viewing
This is a much needed video 🙌🏽
Please share links of credible auctions if you know any. Valuable information, thanks.
thanks mam,i want to know ,what is the prosses of diposite money for auction
Great work you r doing my beautiful Sister, give financial education to our folks, especially us previously excluded by the Capitalist parasitic system which always want to prey on our brothers and sisters! Great Work... keep up.
Nicolette, please tell me about how to buy a used car from SA and shipping it to Uganda, what processes do I go through?
You have great knowledge. Thanks. But next time, observe your pace.
nicollete you are a boss hey, you are the illest. thank you so much. this video was clarity to me. i have been going to auctions and i was seeking validation but this is it.
Hii, off topic with this video/on topic with what your brand is about, can you pls make a video on what ABSA advantage(ABSA rewards) is all about and what are some of the things you'll be required to do, i wanted to participate in it mara when I did research on it, I could hardly find info about what will be required for me to do to earn the rewards
Bought my first car at an auction, it was a great decision and I drove it for 3 years problem free
Hi
Really? Having such a tough time deciding on this, auction or just regular second hand dealer
Hi Boitumelo. Which auction did you buy it from and what car was it? Your help will be much appreciated :)
It was at Auction Operation, you can check them on insta. It was a corsa lite with 13000km for 45k.
@@boitumelochauke1953 thank you for your reply! Oh and what year model is your Corsa Lite?
(May I add - this was a BARGAIN)
It was a bargain. I honestly don't remember the year model its quite a couple of years back
Thank you for covering this topic
😂😂u not giving these polo guys a break neh
I'm sorry but i really like the energy put into the video
Nicolete, you're the best!
Helo. You missed the most important part. How do you pay for it. they want cash sameday or you can go and take a loan at the bank to pay for that car?
A bank loan pays the money to them. Get a preapproval. Terms and conditions obviously
an african Goddess with BRAINz.....we need more of you in our COW-ntree,keep on preaching gudthings
What's the name of that app to use so I find the actual value of a car?
where can we check the book value of the car again? preferably a website..
Autotrader
Love the content please improve the audio quality... There is an echo...
Thank you for this information.
🤣uyakhuluma shame abakuyeke lol I'm glad though cz ur enlightening isizwe sakini😘 yekele ukudelela iPolo mf2 😭
Someone once told me he bought a vivo for only R16 000 at an auction in Durban
Lol I'm sure that Vivo came with someone who's going to push it
How much is their commission, is it a % or a fixed amount?
I've been to car auctions and yes, it's crazy how polo's and BMW bids go at retail price. The bidding competition is just senseless on those cars.
true car dealerships buy cars there. its insane
Where does one check the vehicle's book value?
AA
AA in full please Nic
@@nqobilentshangase1899
Automobile Association
Thanks
😂😂😂😂 i like this video because you have really made me happy
New cars today are way overpriced that's why auction or pre-owned got a range evoque and GTI
Hey which auction house did you buy from and how did you go about things on the viewing date? Like bringing a mechanic and stuff just to verify functionality of the car
@@vuyaniis9906 it was at Wesbank auction I went a day beforehand to 1st view and ask questions they'll tell everything about the cars before you make decision but if you wanna go with a mechanic as well its no problem
Information I've always needed
Thank you ❤💕
How do you spot a legit auction house?
Hi Nicolette, I really am interested in selling my written off car. Initially I thought you would explain how much did the couple get for their written off car , Before acquiring a new car from the auction. Thanks for this though. I will research
EY THE POLO GUYS LOL, why did you go to the auction heeehhh