If you are looking to buy a car, but have not been able to find one at a relatively lesser cost, then you may be in luck.
The Ministry of Interior has announced that it will hold an auction of impounded vehicles of all types in the Industrial Area starting on Sunday, reported The Peninsula.
The vehicles that are set to be auctioned have all completed the mandatory legal timeframe in the impounded area for whatever violation they were impounded for.
The vehicles that are up for auction were all seized for traffic violations, with their owners not turning up to claim them after paying fines.
General Directorate of Traffic announces public auction for the sale of detained vehicles in Industrial Area. #Qatar #MoI_Qatar pic.twitter.com/zuhfFOfBnu
The General Directorate of Traffic tweeted that the auction will take place at Street 52, Vehicle Detention Area, Industrial Area from 3:30pm to 9pm beginning on Sunday, and will last till all vehicles are sold. Auctions will not be held on official holidays and the weekend.
In order to participate in the auction, one has to obtain an auction card, which is available at the site from the first day of auction by paying a refundable deposit of QR3,000.
All vehicles are deleted from the record of the General Directorate of traffic and there are no legal or financial obligations.
On winning an auction, the bidder will have to pay 20% of the sale value or QR5,000, whichever is higher, as nonrefundable advance payment. The rest of the amount should be settled in full the next day. The bid winner can also pay the whole amount upfront.
If the buyer does not pay the whole amount within 24 hours, authorities have the right to re-auction the vehicle and the bidder will lose his downpayment.
The buyer should finish all procedures and move the purchased vehicle out of the auction area within 24 hours after payment.
More Articles
%20(1).png&w=1007&q=75)





