I've heard of that someone told me the bid kept increasing and she just couldn't keep up so she just stopped bidding jiki jiki she was awarded the car 🤔🤔🤔
Hi Nicolette when you get time please do a video on rent to own and recommended places where one can actually get a car that is rent to own with pros and cons.
Bought my 1st car at an auction in 2016,no problems still runs today. Do your research, take a mechanic if needed.. A car isn't necessarily an investment so theres no need to break the bank
I bought at SMD the one in Boksburg... You go on the viewing days all the cars are there, pick the ones you would like to bid on. Register.. And better to go with someone who knows about cars or even a trusted mechanic..
Check SMD webside, the cars are listed there as well.. Also you guys can check out other car Auction places ( nedbank has for repossessed cars, most of the dates are listed on the websites.)
The finance route is there to make your life easier, the more you're willing to pay, the easier and quicker your things will move. So I guess you were in a hurry to buy or just didn't have the heart to do homework. Congratulations by the way 😊😉
Kala Gift i just really thought my insecurities about buying a used car, I mean I really dont know a lot about cars so I decided to buy a new one maybe the second car will be from an auction 💃🏾 but listen im loving this TSI guys. DSG gear 🔥
Thank you for this, I have been planning to go this route next year because I learnt a lot from my first voetstoots plus I know plenty of people who have purchased a vehicle from an auction.🤞
Yes people, a car is a mode of transportation most of the time so always remember the purpose of buying a car, you're buying it to get to work not for people to see you have made.
There is truth in your “I’m just joking” 😂🤔.... I appreciate you so much since Namibia financial dealing is not far from SA, and even exactly the same I some cases
Wow, literally everything you just shared now i have learnt about it while i was doing my 2nd year "Commercial Law-General Principles of contract" you are so spot on Sis wam. Thank you so much, i didn't know that voestoots clause is applicable to auction. I''m sharing this clip! Stay blessed my sister we love you. 😍 💕
Very insightful....I have never been to an auction nor do I know of any auction houses,,,Thank you for this video I am constantly learning in this channel
Good information. Before you buy anything, ask yourself these three questions; Do you want it? Do you need it? Do you have to have it? I bought my cars at the auction
If you have intention to buy, have a good mechanic with you. I bought a car at the auction last year and it was being sold as a runner. On the day of collection I realized that the car has had a problem, but I was like "this is a minor problem I'll take it to panel beaters" Long story short, took it for panel beating and guess what I ended up paying more than 50grand just to fix it but again it still has some other problems. When I bought the car it had less than 1000km in it.
Thank you very much for this highly informative video. Where have you been all my life... Hawe Jesu weMa! Instead of focusing on the advice I'm busy getting lost in your eyes... 😊... I had to draw a map in order to find my way to finishing the video.
Cars are just babies who really stress the heck out of us whenever they need some maintenance. I'm so glad we can choose which "baby" to buy and they don't just show. I love them so much though! They should keep coming my way coz I can do general service my self so the bill is lowerrrrrrrr
nicollete you are a boss hey, you are the illest. thank you so much. this video was clarity to me. i have been going to auctions and i was seeking validation but this is it.
Hi Nicolette, I hope you’re well. I would like to ask; •Is it possible for a bank e.g wesbank to finance a car that you buy at an auction? • Let’s say you buy a second hand car from a dealership, you paying the car via installments (the car is R200 000) and you’re paying for insurance, it still under warranty. After driving the car for few 2months a problem arises, engine related, when you take it to workshop for repairs they say its going to cost (R170 000) to fix the problem and the insurance doesn’t want to pay they say the issue was caused by your negligence. 1. What can you do? 2. Can you take the car back to the dealership before you can fix it? 3. Is it possible for such a problem to cost almost the same as the car price? 4. How can ombudsman help in this case? 5. According to Consumer Protection Act can you take the car back to the dealership and demand your refund if the 60days hasn’t passed? I’m asking lot of staff please bare with me
A friend bought a “quantum” at an auction only to find that it’s actually a panel van and can’t be used as public transport which is what he had intended to use it for
Hi Nicollet Your videos are so informative, for the purpose of attention (items of the eyes) when using one camera I suggest - not having your so close to the screen, I see straight into your eyelashes - add graphics e.g. highlight of the things you talking about - it's some how watching a face straight in front of you for 11mins. Also consider it for Smart TV CZcams Viewing
I heard a rumor that rich people(Companies) go to Auctions first before everything is auctioned for the public and they buy them first at the cheapest price with great conditions. The day of Auction when normal people go to auction they get rejected things even though they look like a bargain.
People who dislike this channel are probably the first listen to the gems dropped here and benefit from the channel. But they do not want other people to benefit from this wisdom.
Hi Nicolette, I really am interested in selling my written off car. Initially I thought you would explain how much did the couple get for their written off car , Before acquiring a new car from the auction. Thanks for this though. I will research
Hi Nicolette, haha watching this video for the 3rd time now. im just curious, if i want to go into buying cars at the auction and selling them, do i need to register a business immediately or can i buy and sell, also what happens with tax and all that? your response will be highly appreciated.
Great work you r doing my beautiful Sister, give financial education to our folks, especially us previously excluded by the Capitalist parasitic system which always want to prey on our brothers and sisters! Great Work... keep up.
Thanks for this. My 2020 plan is to buy 2015 Jetta TDi or 2016 Polo TDi sedan from an auction. My budget is R100 000. After watching this video I feel like my 100k is more than enough.
Hey Nicolette can you please make a video on the mileage and KM of the car are those km remaining Some of us will be the first one's to buy a car in our homes so we are not familiar with those things Thank you so much for your content
Nicolette can you please advise my cousin on what to do.She paid a R5000 deposit for an accident damaged car which she intended to buy then she did her research than decided it wasn't a good deal.She told them she wanted to cancel but was told the car is already being fixed so she will get her deposit once someone buys the car.When the car was bought they kept telling her she will get the money but ended up being told she will not get it.She paid the money into the company's account she has proof of the payment which now the owner denies receiving.The Ombudsman was not able to help her😥😥😥😥
A car is not an investment if you only use it to take you from *point A to point B.* Auctions are good if you wanna safe cost and out 🆙 the car to help make you money. Now that's *investmt/asset* but be sure to know everything about the car.
A car is also an investment if it just takes you from point A to point B, because taking you to point A to point B can be generating you money as well.
You must also be carefully of ghost bidders - people who bid with no intend to buy but to push the price up. Usually people from the auction
this is actually useful information. thanks
I've heard of that someone told me the bid kept increasing and she just couldn't keep up so she just stopped bidding jiki jiki she was awarded the car 🤔🤔🤔
@Timothy Mphuthi that's true!
Once saw a Polo Vivo being sold for more than 100k at an auction.. That's excluding the auction fees.
50% of the attendees at auction are ghost
@@zamokuhlemncwabe2664 Why are are they ghosting if they are not gonna buy though?
Hi Nicolette when you get time please do a video on rent to own and recommended places where one can actually get a car that is rent to own with pros and cons.
Bought my 1st car at an auction in 2016,no problems still runs today. Do your research, take a mechanic if needed.. A car isn't necessarily an investment so theres no need to break the bank
Which auction did you buy it at?
And what car was it? I'm looking for a car and some light would help. Thank you
I pray I get this lucky! I don't want to pay the full price
I bought at SMD the one in Boksburg... You go on the viewing days all the cars are there, pick the ones you would like to bid on. Register.. And better to go with someone who knows about cars or even a trusted mechanic..
Check SMD webside, the cars are listed there as well.. Also you guys can check out other car Auction places ( nedbank has for repossessed cars, most of the dates are listed on the websites.)
Clicked fast af cos I’m actually looking for a car!!!! Nicolette you are a God sent. 😘
hi Boitumelo, did you find one? and where? looking for a car as well
Dude I ended up going finance route, bought a TSI 2019 Auto. Its greeeeeeat 💃🏾💯💯💯
The finance route is there to make your life easier, the more you're willing to pay, the easier and quicker your things will move. So I guess you were in a hurry to buy or just didn't have the heart to do homework.
Congratulations by the way 😊😉
Kala Gift i just really thought my insecurities about buying a used car, I mean I really dont know a lot about cars so I decided to buy a new one maybe the second car will be from an auction 💃🏾 but listen im loving this TSI guys. DSG gear 🔥
Hi, At Aucor by Samrand you can just walk in and watch the auction which happens on Saturdays.
I just want to say thank you, thank you for all this knowledge that you share with us. I have become more financially savvy all because of you.
Financial education is a must-have...thank you for always coming through for us
You deserve way more subscribers. I can't believe we are getting this info for free. Thank you so much.
Concise, Informative & Elaborative! 👌
Rea leboga Nicolette 🙇♂️
You went straight for polo drivers unprovoked!!😂😂🔥
Thank You, May GOD continue to bless you.
I'm love that you not bias or try to advocate for a brand.
Thank you Nicolette, a lot us will be emancipated from debts because of the wisdom you keep spreading. May the Lord bless you more
Was planning to buy at an auction next year. Thank you for this.
Wow thank you for this valuable info. I was planning to buy my car at the auction, I needed this info.
Thank you for this, I have been planning to go this route next year because I learnt a lot from my first voetstoots plus I know plenty of people who have purchased a vehicle from an auction.🤞
To think I was literally just researching now.
You read my mind, thank you ❤️
TY Very informative 🌝
Liked this so quick because I been looking for a brief regarding car buying at an auction. Thank colettd
I bought my Ford Focus at an auction for R17k including commission n vat n I only had to buy a battery for it n everything is perfect.
GR_ Techz bruh what? Where you buy it?
@@begratefuleveryday5245 😂😂 Pretoria, I know these things
GR_ Techz you do? Dude please help me 😭
@@begratefuleveryday5245 where you based?
GR_ Techz I work in PTA
Yes people, a car is a mode of transportation most of the time so always remember the purpose of buying a car, you're buying it to get to work not for people to see you have made.
There is truth in your “I’m just joking” 😂🤔.... I appreciate you so much since Namibia financial dealing is not far from SA, and even exactly the same I some cases
Wow, literally everything you just shared now i have learnt about it while i was doing my 2nd year "Commercial Law-General Principles of contract" you are so spot on Sis wam. Thank you so much, i didn't know that voestoots clause is applicable to auction. I''m sharing this clip! Stay blessed my sister we love you. 😍 💕
This is the kind of content I've been looking for😁🔥
I had to like and comment and watch later. I know it's going to be valuable information 🤗
Very insightful....I have never been to an auction nor do I know of any auction houses,,,Thank you for this video I am constantly learning in this channel
Yooh! I wish you were my mentor. You delivered a very clear explanation of an auction process. Thank you so much. Amazing 👏
Bought my car on auction in 2015. Till now 2021 it's never given me an engine problem. Still rolling.
Which auction did you buy from?
@@zoeyxoxo1482 SMD
My fave❤thankyou for the information it's always worth it
Hey always looking forward to u video am inspired so far .
This information is even relevant today..... Thanks Nkosazana.
useful info. thanks for informing us and keep up this info
This is a much needed video 🙌🏽
Great video, will be sharing with some peeps
Informative and entertaining, love your energy 👌
Thank you. I was actually planning on buying my second car at an auction next month and you brought some insights I hadn’t thought of ♥️
Hey Nonkululeko.
Did you end up buying at the auction? How did it go? I'm looking to buy
I can not thank you enough for this video. Thank God my previous bit didn't go through. I will try again this time with knowledge
Thank you for covering this topic
Thank you for your advise Nicolette
Thank you so much for the overall information🌺🌺
Nice video, I like all the videos of Nicolette were she speaks from her knowledge.. unlike video that are pre- rehearsed
I have been checking out auction site a lot...
Thank you for this nicollet❤️
Me last night!! My top1 car was there at some really good mileage 🙆🏽♀️
Hey Which auction site are you checking out?
The registration fee is fully refundable if you’re unsuccessful. Roadworthy tests are at the buyers costs and they need to arrange such
Thank you for this information.
Thank u, I will buy my first car at an Auction. Something to travel from & to work😝
Good information. Before you buy anything, ask yourself these three questions;
Do you want it?
Do you need it?
Do you have to have it?
I bought my cars at the auction
Oh nice would like someone to guide me through this process of buying from the auction, would you please assist.
how did you pay for it? cash or loan?
Hey which auction house did you buy from and for how long have you had the car?
What did you do on viewing day.
Great tips. Young professionals can definitely benefit from this.
If you have intention to buy, have a good mechanic with you.
I bought a car at the auction last year and it was being sold as a runner. On the day of collection I realized that the car has had a problem, but I was like "this is a minor problem I'll take it to panel beaters"
Long story short, took it for panel beating and guess what I ended up paying more than 50grand just to fix it but again it still has some other problems.
When I bought the car it had less than 1000km in it.
Thank you very much for this highly informative video. Where have you been all my life... Hawe Jesu weMa! Instead of focusing on the advice I'm busy getting lost in your eyes... 😊... I had to draw a map in order to find my way to finishing the video.
I enjoyed this video... 😊 informative & still entertained
very informative especially for me as im working on starting my own business of buying and selling cars
I aspire to be you❤❤Thank you for educating us
Information I've always needed
Daaaaaaamn! I like your new hairstyle!!! Sweet 21!
Hi Nicolette cn u pls kindly do a video abt pros & cons of buying vs leasing a car.
As always meaning information when we need it as if you can read our minds🙌🙌🙌
The extra costs factor is very helpful
Cars are just babies who really stress the heck out of us whenever they need some maintenance. I'm so glad we can choose which "baby" to buy and they don't just show. I love them so much though! They should keep coming my way coz I can do general service my self so the bill is lowerrrrrrrr
nicollete you are a boss hey, you are the illest. thank you so much. this video was clarity to me. i have been going to auctions and i was seeking validation but this is it.
Nicolete, you're the best!
Hi Nicolette,
I hope you’re well.
I would like to ask;
•Is it possible for a bank e.g wesbank to finance a car that you buy at an auction?
• Let’s say you buy a second hand car from a dealership, you paying the car via installments (the car is R200 000) and you’re paying for insurance, it still under warranty. After driving the car for few 2months a problem arises, engine related, when you take it to workshop for repairs they say its going to cost (R170 000) to fix the problem and the insurance doesn’t want to pay they say the issue was caused by your negligence.
1. What can you do?
2. Can you take the car back to the dealership before you can fix it?
3. Is it possible for such a problem to cost almost the same as the car price?
4. How can ombudsman help in this case?
5. According to Consumer Protection Act can you take the car back to the dealership and demand your refund if the 60days hasn’t passed?
I’m asking lot of staff please bare with me
I dunno who this lady is, but she is actually spot on. Love it!
A friend bought a “quantum” at an auction only to find that it’s actually a panel van and can’t be used as public transport which is what he had intended to use it for
Thank you ❤💕
You are very well-spoken
Good useful video.
😂😂😂😂 Yes sometimes you are buying someone’s tears at an auction. Informative video as always. Thank you 🙏
🙏🏾🙏🏾🙏🏾
I think 90% if not 💯 of the time, it definitely is someone's tears. 🤣🤣😂
😅😅😅😅that of polo ,🙆gal it got me big, mara why vele😅😅😅, thank you Nicollet 😍
Lol cause nithanda ama Polo
Hi Nicollet
Your videos are so informative, for the purpose of attention (items of the eyes) when using one camera I suggest
- not having your so close to the screen, I see straight into your eyelashes
- add graphics e.g. highlight of the things you talking about
- it's some how watching a face straight in front of you for 11mins.
Also consider it for Smart TV CZcams Viewing
Thank you.
Please share links of credible auctions if you know any. Valuable information, thanks.
I'm sorry but i really like the energy put into the video
Good information ✈️✈️✈️
I heard a rumor that rich people(Companies) go to Auctions first before everything is auctioned for the public and they buy them first at the cheapest price with great conditions. The day of Auction when normal people go to auction they get rejected things even though they look like a bargain.
I wouldn’t put this past people with money
😂😂😂😂 i like this video because you have really made me happy
You make so much sense
😂😂u not giving these polo guys a break neh
People who dislike this channel are probably the first listen to the gems dropped here and benefit from the channel. But they do not want other people to benefit from this wisdom.
Nicolette, please tell me about how to buy a used car from SA and shipping it to Uganda, what processes do I go through?
Hi Nicolette, I really am interested in selling my written off car. Initially I thought you would explain how much did the couple get for their written off car , Before acquiring a new car from the auction. Thanks for this though. I will research
I’m here already 💓💓
Am new here. Damn am glad I found this channel💪🔥🐐👏🇿🇦 your gold. I love you.
Oh and am still a student lol
Hi Nicolette, haha watching this video for the 3rd time now. im just curious, if i want to go into buying cars at the auction and selling them, do i need to register a business immediately or can i buy and sell, also what happens with tax and all that? your response will be highly appreciated.
wow thank you nicollete
thank u for the info :-)
Great work you r doing my beautiful Sister, give financial education to our folks, especially us previously excluded by the Capitalist parasitic system which always want to prey on our brothers and sisters! Great Work... keep up.
Thanks for this. My 2020 plan is to buy 2015 Jetta TDi or 2016 Polo TDi sedan from an auction. My budget is R100 000. After watching this video I feel like my 100k is more than enough.
Hey Siya. I'm interested in knowing how this went?
Was your budget sufficient? Any problems with the car? Did you get the car you were looking for?
EY THE POLO GUYS LOL, why did you go to the auction heeehhh
What's the name of that app to use so I find the actual value of a car?
❤❤love this video
How much is their commission, is it a % or a fixed amount?
Hey Nicolette can you please make a video on the mileage and KM of the car are those km remaining
Some of us will be the first one's to buy a car in our homes so we are not familiar with those things
Thank you so much for your content
Love the content please improve the audio quality... There is an echo...
Nicolette can you please advise my cousin on what to do.She paid a R5000 deposit for an accident damaged car which she intended to buy then she did her research than decided it wasn't a good deal.She told them she wanted to cancel but was told the car is already being fixed so she will get her deposit once someone buys the car.When the car was bought they kept telling her she will get the money but ended up being told she will not get it.She paid the money into the company's account she has proof of the payment which now the owner denies receiving.The Ombudsman was not able to help her😥😥😥😥
The way you say Carh!
A car is not an investment if you only use it to take you from *point A to point B.* Auctions are good if you wanna safe cost and out 🆙 the car to help make you money. Now that's *investmt/asset* but be sure to know everything about the car.
A car is also an investment if it just takes you from point A to point B, because taking you to point A to point B can be generating you money as well.
I downloaded an app that belongs to one off these auction houses and you can view past sales and upcoming lots to be sold
Can you please share the name of the app
@@lazarusthubakgale4486 Aucorlive
Thanks for the advice beautiful lady😙
where can we check the book value of the car again? preferably a website..
Autotrader
thanks mam,i want to know ,what is the prosses of diposite money for auction
I've been to car auctions and yes, it's crazy how polo's and BMW bids go at retail price. The bidding competition is just senseless on those cars.
How do you spot a legit auction house?
Helo. You missed the most important part. How do you pay for it. they want cash sameday or you can go and take a loan at the bank to pay for that car?
A bank loan pays the money to them. Get a preapproval. Terms and conditions obviously