Businessman Announces Mass Auction Of Cars For Debts As Low As Ksh 68K

    All owners were, therefore, issued with 30 days timeline starting from May 26 to repay the debt or lose their cars.

    Select motorists across the country face vehicle repossession if they fail to pay storage debts ranging from Ksh60,260 to Ksh348,070.

    In a statement dated Friday, June 2, auctioneers chosen to lead the auction notified all owners of the vehicles of the impending auction.

    Some of the vehicles on auction include Toyota Corolla (Ksh348,070), Nissan Navara (Ksh171,300), Toyota Succeed (Ksh141,560), Mitsubishi L200 (Ksh136,950), Mazda Demio (Ksh132,310), Toyota Hiace (Ksh204,752), Subaru Legacy (Ksh127,960), Mazda Demio (Ksh125,930), Toyota Probox (Ksh123,610), D.Mira (Ksh97,800), Mazda Demio (Ksh87,810), Mitsubishi Fuso (Ksh104,296), Toyota Succeed (Ksh87,650).

    Others were Nissan X-Trail (Ksh77,630), Mitsubishi (Ksh76,470), Nissan March (Ksh74,730), Honda Fit (Ksh71,830), Honda Partner (Ksh71,670), and Daihatsu Mira (Ksh68,350). 

    The vehicles are stored in Nairobi along Kuguru Loop road off Enterprise Road Industrial Area.

    All owners were, therefore, issued with 30 days timeline starting from May 26 to repay the debt or lose their cars.