First Assurance Company Announces Auction of Honda Fit and Other Vehicles, Sets Bidding Deposit
First Assurance Company Limited, a leading Kenyan insurer with over 80 years of history, has announced an upcoming online auction of ten vehicles including a Honda Fit among other makes, giving the public a chance to purchase accident-damaged vehicles at competitive prices.
🔑 Key Takeaways
- Auction Date: Tuesday, August 19, 2025 (11:00 AM – 1:00 PM)
- Refundable Deposit Required: KSh 100,000
- 10 Vehicles Available including Honda Fit and Range Rover Evoque
- Vehicles sold “as is” in accident-damaged condition
- Winners must complete payment within 7 days
📋 Table of Contents
🚗 Join Our Insurance Community!
Stay updated with the latest insurance trends, auction news, and exclusive opportunities. Connect with like-minded individuals interested in insurance and vehicle auctions.
💬 Join WhatsApp GroupAuction Details & Timeline
The auction will be held on Tuesday, August 19, 2025, from 11:00 am to 1:00 pm, and will be conducted by Dalali Traders Auctioneers. Interested bidders are required to pay a refundable deposit of KSh 100,000 to participate in the bidding. No bids will be accepted without this deposit.
Vehicles Available for Auction
The auction features a diverse selection of vehicles from different manufacturers, each located at specific facilities across the region:
Bidding Conditions & Requirements
Bidders must adhere to specific conditions to ensure a smooth and transparent auction process:
- Cash transactions are prohibited on auction day; payments will be made to First Assurance Ltd.
- Winners must pay the remaining purchase price within seven days or forfeit the deposit.
- Vehicles are sold “as is” in their current accident-damaged condition.
- Buyers will be responsible for transfer payments and re-registration per National Transport and Safety Authority (NTSA) regulations.
- Dalali Traders Auctioneers can be contacted via phone or email for inquiries and viewing appointments.
Contact Information
For more information about insurance services, consultations, or quotes, please use the contact details below:
| 📞 Service | 📋 Details | 🔗 Action |
|---|---|---|
| 📝 Request Consultation | Professional insurance consultation | Contact Us |
| 📞 Phone Line 1 | +254 (0) 729 712 200 | Call Now |
| 📞 Phone Line 2 | +254 (0) 716 534 192 | Call Now |
| 0722 888 350 | Chat Now | |
| 💰 Get Quote | Instant insurance quote | Get Quote |
Conclusion & Opportunity
This auction presents an opportunity for buyers seeking quality vehicles at affordable prices while allowing First Assurance to efficiently manage and dispose of repossessed and insured salvage assets. The variety of vehicles available, from compact cars like the Honda Fit to luxury SUVs like the Range Rover Evoque, caters to different buyer preferences and budgets.
Investment Potential
Vehicle auctions of this nature often provide excellent value for money, particularly for buyers with mechanical expertise or those seeking vehicles for parts. The accident-damaged condition of these vehicles means they require assessment and potential repair work, but this also translates to significantly lower purchase prices compared to market rates for similar vehicles in good condition.
Important Considerations
Prospective bidders should carefully consider the terms and conditions, particularly the seven-day payment deadline and the “as is” condition of the vehicles. It’s advisable to inspect vehicles beforehand through Dalali Traders Auctioneers to make informed bidding decisions. The refundable deposit system ensures serious bidders while protecting the auction process integrity.
