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AUCTION: Used Vehicles (Suzuki Alto, Suzuki Cultus, Suzuki WagonR, Toyota Corolla, Honda Civic, Honda City) Disposal

Expired Tender
Closing Date:
2026-04-03

Tender Description

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 disposal of used vehicles at its Karachi office. This auction presents an opportunity for interested buyers to acquire well-maintained company vehicles, each with a clear registration and model year. The auction will be held at Jubilee Insurance House, I.I. Chundrigar Road, Karachi, and is open to all eligible participants who fulfill the terms and conditions outlined by the company. Items being auctioned: - Suzuki Alto (Reg. No. CAP-199, Model 2024) - Suzuki Cultus (Reg. No. CAA-368, Model 2024) - Suzuki WagonR (Reg. No. CCQ-031, Model 2025) - Toyota Corolla (Reg. No. BXE-879, Model 2022) - Honda Civic (Reg. No. BSK-897, Model 2020) - Honda City (Reg. No. LW-0540, Model 2020) All vehicles are available for inspection at the company premises. The technical scope includes the sale of each vehicle on an as-is-where-is basis, with no warranties provided by the company. Interested bidders must bring original CNIC and submit a pay order or CDR equivalent to 10 percent of the reserve price as earnest money to participate in the auction. Successful bidders are required to deposit 20 percent of the bid amount immediately after the auction, with the balance payable within the stipulated period. The auction will commence at 09:30 AM on 2026-04-03. Vehicles can be inspected from 31 March to 2 April 2026, between 10:00 AM and 05:30 PM. Bids must be submitted in person at the auction venue. For further details, contact the undersigned at the numbers provided below. Tip: Arrive early on the inspection days to thoroughly check the vehicles and verify all documents before the auction begins. This will help you make an informed bid and avoid last-minute surprises.
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