How Can I Buy A Custom Auction Vehicle?

[huaweihonorsevenc]

Assalaamualaikum Everyone

How can i buy a custom auction vehicle ? Where can i get the list of the vehicles being auctioned ? Is it available for the public? what is the process ? I would appreciate if someone takes the time out and explain the whole thing to me.
Ive seen the vehicles in Khi catching rust. Should i take other cities into consideration for auctioned vehicles ?

[naveedyu]

I would also be interested to know same. And also schedule or information about army auction in near future.

[nagar1]

https://www.facebook.com/AlviAuctioneers
see this page they share details of auctions being held

[tariqazama]

Its very easy. Go to auction and give ur bid

[anon35615524]

But I think, they are only limited to Islamabad city only.

[anon35615524]

Procedure to buy Customs auction vehicles:

As far as I know, and based on my personal experience of witnessing Customs Auctions In Customs Warehouse, G-12, Islamabad, following is the procedure to buy vehicles via Customs auction:

1. All the items which Customs department intends to auction (like vehicles, other stuff, etc.), their details are uploaded on the official website: https://www.fbr.gov.pk/auctions

2. You can visit their places, location, yards, depots, warehouses, etc. where vehicles are parked, and inspect.

3. Inspection is open for general public during working hours, and you can inspect them thoroughly, however, you may not start the engine, or take test drive, etc. So, some risks can be involved. Then sometimes, some vehicles are Open, and some are closed. You can only see their inside from outside, but may not open the car, check inside, open diggi, or bonnet to see engine bay, etc.

4. Inspection is allowed till the day before auction. On auction day, they do not allow inspection, and close the yard / area via "Tambu Qanadein"

5. Lists of vehicles / items to be auctioned are displayed on the walls, main gate of the warehouse, and also available there. You may get one copy.

6. Bidding starts from some min. price, and starts going up, and when it meets / exceeds the price calculated by the Customs Department, it gets sold. If no one is interested in buying a particukar vehicle, or no bid is there, then that vehicle is left as such, and is ripe for auction in next schedule, and will be placed in "left over stock".

7. After succesful bid, the bidder have to pay 25% of the amount immediately and on spot, and remaining in 7 days. Along with it, 10% / 20% of the bid amount has to be deposited as Advance tax for Filers / Non-Filers respectively.

8. When all payments are cleared, they hand over the vehicle and available documents, and then the vehicle can be registered from the Excise and Taxation department.

I hope, all above helps. Thank you.

[saad.ikram.5688]

I am curious and had a few questions.

1. How do you which cars is being auction off because it completed its life for them or its useless to them and which of them are smuggled and caught vehicles or which were stolen and reclaimed
2. If a car was stolen and recovered but never reclaimed and is being auctioned off is there any issue of legal and paperwork of the work
3. If it was a smuggles car then does the new owner have to pay complete duty on that car
4. If the vehicle is already registered so does it get a new registration or is it legally transferred

[anon35615524]

Sometimes, the rules and regulations are slightly different, e.g. recently, I come to know about auctions in Quetta, Gaddani, Panjgar, and there, bidders are reqd. to deposit 25,000 PKR as call deposit (I did not observe any such thing last year in Customs Warehouse, G-12, Islamabad. Anyone can simply walk there and participate in the bidding).

Then Quetta requires 25% of the highest bid as earnest money to be deposited in the form of pay order. Gaddani, Islamabad, etc. require depositing the amount in cash, and on spot.

[nagar1]

They may provide references in other cities also....wese to ap ne baad main kafi detsiled reple krdia ha

[anon35615524]

How do you which cars is being auction off

Complete details of all such vehicles are available on https://www.fbr.gov.pk/auctions , as well as in their warehouses. One can go there, and check / physically inspect the vehicles.

it completed its life for them or its useless to them

Nope. Its not the case. They might have completed their life for the potential buyer / end user, like 80s, or 90s, etc. model, but for them its not the case. Similarly, they are not useless for them either.

[anon35615524]

which of them are smuggled and caught vehicles or which were stolen and reclaimed

I think, irrespective of old / new vehicle, useless for Customs department, smuggled vehicles, etc., the main thing, or their process of suspecting and confiscating a vehicle is, when the vehicle's record is not found in Customs record, their ledgers, WEBOC System ( https://www.weboc.gov.pk ), etc. and lastly, with Excise Departments too.

If a vehicle is registered in the Excise Department, there can still be a possibility that its record is not available in Customs Department, and such vehicle can also be confiscated (such cases have been there, and yahan bohat kuj hota hai, but let's leave this topic / discussion for some other time).

For Customs Department, any vehicle whose record is not found in their system, is suspicious and prone to confiscation, irrespective old / new, or even registered, etc. They confiscate it and then auction it. Money obtained via auctioning is the property of Govt. of Pakistan.

The vehicles which finally get auctioned are free from any legalities.

Once, it happened, and I personally witnessed it, that a Corolla car was up for auction, but just at the time of auctioning / bidding, some stay order, or similar sort of notice came, and it was not auctioned. It was pulled off.

[anon35615524]

If a car was stolen and recovered but never reclaimed and is being auctioned off is there any issue of legal and paperwork of the work

Brother I do not know about it.

If it was a smuggles car then does the new owner have to pay complete duty on that car

I think, the buyer does not have to pay anything else; any additional duty, or tax. etc.

Just bid price, and 10% / 20% advance tax for filers / non-filers, and car is yours.

If the vehicle is already registered so does it get a new registration or is it legally transferred

I think it gets new registration.

[anon35615524]

Following 02 Pakwheels videos very well explain about NCP cars, and how customs department catches them:

and

These videos answer a lot of questions, and may be watched by all interested.

[anon35615524]

Well... as per my experience of observing auctioning of cars by Customs Department, I have some suspicions / doubts:

1. I happened to witness it almost 3-4 times, and was surprised to see almost the same people there every time. Same faces, and some having gold chains around their necks, etc. Pardon, I do not mean to be racist, or discuss shakal o surat, but those gentlemen did not seem that gentle. They might be smugglers, or NCP dealers, or part of some mafia, but something did not seem right.

2. I was surprised to see that "market ki cars" despite being extremely bet up, and in extremely bad conditions, were bid at exuberantly high prices. Just to give an example, if you can buy a good condition, old model Corolla in 13 lac PKR, then the very same model of Corolla in bad shape and condition got auctioned somewhere around 17-18 lac PKR.

3. Once it happened that a BMW (I think it was some 7 series) was ripe for auction for the 3rd time, when bids started, the starting price was somewhere around 10-15 lac PKR, and initially none was interested. Then, some participated, and bid amount reached somewhere around 17-19 lac PKR. The bid was about to be finalized, when 02 parties suddenly came, competed with each other, and took the bid price to almost 55-65 lac PKR, and then one of them bought it. It may be noted that if I can recall correctly, they hadn't initially participated and suddenly jumped it.

4. You cannot start the engine, take test drive of vehicle, and check its different functions, so lots of risk factors are involved, and if someone has limited resources, or is not good enough to judge a car's condition, may not participate in such auctions. Otherwise, if car proves to be bad later, then it can prove a nightmare to the buyer.

[anon35615524]

Such things, and many other things, make one suspicious and sceptical, as to what is happening?

Why people buy market ki cars, in bad conditions, at high prices, when similar makes and models in good condition, are easily available in the markets at less prices, then they buy from auction.

Unless / until someone from Customs Department comes forward, and clarifies such issues, concerns will remain, and I would request that if someone from Customs Department is reading the posts, he may come forward and explain.

I hope, all above helps all concerned. Thank you.

[huaweihonorsevenc]

Thank you so much basitali87. That helped a lot.

[2cool4u]

i guess auctions aren't for a ordinary buyer, also have you ever seen any car getting auctioned for less than market price?

[anon35615524]

Yes. You are right. These doesn't seem right for genuine buyers.

Yes. Very few cars sold for less than the market price, but all such cars were off-market cars and in bad conditions.

[huaweihonorsevenc]

I have seen some auction vehicles that were surprisingly in good condition.

[anon35615524]

YES. I did not say that all the cars are in bad shape and bet up.

Some are in good condition too, especially the ones in fresh lot.