AUCTION: Embassy Cars Including Toyota Corolla and Suzuki Cultus

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. This public auction notice invites interested bidders to participate in the auction of embassy vehicles, which will be held at Alvi Auctioneers Warehouse, Service Road South G-12/4, Islamabad. The auction is scheduled for 8 September 2024 at 2:30 PM. The vehicles available for auction include: - Toyota Corolla 2.0D Saloon, Model 2009 (White, 2KD 4x4) - Suzuki Cultus, Model 2013 (White, 3 units) All vehicles are embassy-owned and will be available for inspection on 7 September 2024 from 10:30 AM to 6:00 PM at the auction warehouse. Interested parties are encouraged to inspect the vehicles thoroughly before the auction date to assess their condition and value. To participate in the auction, bidders must deposit a refundable Earnest Money of 50,000 PKR per vehicle. Successful bidders are required to pay 10% of the bid amount immediately after the auction, with the remaining 90% due within 7 days. Failure to pay the balance within the stipulated time will result in forfeiture of the Earnest Money. All applicable taxes and transfer fees will be the responsibility of the successful bidder. Bidders should bring their original CNIC and proof of Earnest Money deposit on the auction day. The auctioneer reserves the right to accept or reject any bid without assigning any reason. For further details, contact the numbers provided below. Tip: Arrive early on the inspection day to carefully check each vehicle's documents and physical condition, as this can help you make a more informed bid and avoid surprises after purchase.