AUCTION: Sale of Used Company Vehicles (Suzuki Alto, Cultus, WagonR, Swift, Bolan, VXL) Karachi

NOTE: This is an AUCTION/LEASE notice, not a procurement tender. Bidders pay the department to acquire ownership, lease, rental, or collection rights. Jubilee General Insurance Company Limited is conducting an open auction for the sale of its used company vehicles at its Karachi office. This auction presents an opportunity for interested buyers to acquire well-maintained vehicles from a reputable insurance company. The auction will be held at E-86, 4th Floor, Block 4, Clifton, Karachi, with vehicle inspection available on 01 and 02 October 2026 from 09:30 AM to 05:30 PM. Items being auctioned: - Suzuki Alto (CCS-072, Model 2025) - Suzuki Cultus (CAB-590, Model 2024) - Suzuki Cultus (CAM-484, Model 2024) - Suzuki WagonR VXL (BVN-581, Model 2021) - Suzuki Swift (CAE-029, Model 2024) - Suzuki Bolan (BVA-357, Model 2021) All vehicles are registered and maintained by the company, with models ranging from 2021 to 2025. Interested bidders must bring their original CNIC for participation. The auction will be conducted as per company policy, and successful bidders are required to deposit 10 percent of the bid amount as earnest money on the spot, with the remaining 90 percent payable within 7 days. Transfer of ownership will be processed after full payment. Vehicles are sold on an as-is-where-is basis, and no claims regarding condition will be entertained after the auction. A practical tip for bidders: Arrive early for inspection to thoroughly check the vehicles and review all available documents. This will help you make an informed bid and avoid surprises after purchase. For further details, contact the numbers provided in the notice. Participation is open to all interested parties, and the auction will be conducted transparently in accordance with the company's procedures.