Auction of Used Vehicles at Pakistan Marine Academy Karachi

This auction notice from Pakistan Marine Academy Karachi invites interested parties to bid on a selection of used vehicles including Suzuki Baleno 1300cc (2005), Suzuki Jeep 970cc (1985), Mitsubishi Ambulance 2200cc (1985), and a 70cc Motorcycle (2009). The auction will be held on the 9th of March 2026 at 1100 hours at the Academy premises located on Hawksbay Road Mauripur, Karachi. This event offers a unique opportunity to acquire vehicles on an 'AS IS WHERE IS' basis, ideal for buyers looking for cost-effective transportation or parts. The vehicles can be inspected daily from 0900 to 1300 hours before the auction date, excluding holidays, allowing bidders to assess the condition firsthand. The auction process requires successful bidders to immediately deposit 25% of the total bid amount at the cash counter on site, with the remaining 75% payable within seven days via pay order in favor of the Commandant, Pakistan Marine Academy. All government taxes applicable must be paid by the winning bidders as per regulations. Bidders should ensure compliance with all procedural requirements and be aware of the financial year 2025-26 tax obligations. While no PEC category applies, participants must be prepared for the standard auction formalities and documentation. It is advisable to verify the authenticity of the auction notice and maintain a Call Deposit Receipt (CDR) or Earnest Money as per auction rules. The submission deadline coincides with the auction date on **09-03-2026** at **1100 hours**. The venue for submission and auction is the Pakistan Marine Academy, Hawksbay Road Mauripur, Karachi. Interested parties should arrive early to complete registration and inspection formalities. Pro-Tip: Make sure to check the newspaper advertisement for any specific stamp duty or tax requirements which are often overlooked during vehicle auctions, ensuring smooth ownership transfer post-auction.