Car auctions represent an alternative tool when buying a car. The advantage over other options is that it is commonly the offers are very tempting and are usually below the market reference value.
Now, the banking entity will auction on August 22 a 2007 Hummer H3 from a base offer of $ 15.000.000; a ridiculous figure considering that the market value of this vehicle is around $100,000,000.
The auction will begin at 11 a.m. and will be held online through its web platform (subastas.bancociudad.com.ar).
One thing to keep in mind is that the vehicle is located in Mar del Plata and that interested parties will have the possibility of seeing it in person until tomorrow (August 7) at the Astor Piazzolla Airport (Route 2 km. 398.5) in that city. .
The cheap…
The Hummer is the 4×4 par excellence from General Motors, today converted into electric. In addition to its off-road capabilities (it was conceived as a military vehicle), its prices have always meant opulence.
In the lot references, Banco Ciudad details that the vehicle is in good general condition. However, it clarifies that its operation has not been controlled; It also does not have an ignition key, the battery does not work, the right rear tire is flat and the left rear window is low. The mileage, on the other hand, is not detailed.
That much could be details, considering the initial value of the auction. The real complication is that the vehicle lacks free movement in the national territory; In short, you have to get him out of the country.
Banco Ciudad explains that the vehicle is located in Paraguay, and that “the buyer will have no other obligation other than to extract it from the customs territory within a period of no more than 90 days. The country of destination will depend on the procedures carried out by the buyer in accordance with the customs regulations of the country to which entry is intended.”
Although it is not specified, most 2007 Hummer H3s have a 3.7-liter gasoline engine that delivers 245 horsepower and is associated with a five-speed manual gearbox.
The process is simple. Those interested must generate a username and password on the Banco Ciudad auction site.
The second step will be to pay an offer guarantee, which in this specific case is $ 3.002.460 (corresponding to 20% of the offer value). This will allow you to participate in the auction.
One thing to keep in mind is that the final sale price Does not include commission or taxes corresponding (10% plus VAT), which must also be paid by whoever wins the certification.
Of course, if you do not win, you will automatically will return the offer guarantee within the deadlines established in the conditions of sale.