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

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

Hi, At Aucor by Samrand you can just walk in and watch the auction which happens on Saturdays.

Clicked fast af cos I’m actually looking for a car!!!! Nicolette you are a God sent. 😘

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.

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.

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.

Concise, Informative & Elaborative! 👌 Rea leboga Nicolette 🙇‍♂️ You went straight for polo drivers unprovoked!!😂😂🔥

Financial education is a must-have...thank you for always coming through for us

Bought my car on auction in 2015. Till now 2021 it's never given me an engine problem. Still rolling.

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.

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.🤞

Thank You, May GOD continue to bless you. I'm love that you not bias or try to advocate for a brand.

Wow thank you for this valuable info. I was planning to buy my car at the auction, I needed this info.

You deserve way more subscribers. I can't believe we are getting this info for free. Thank you so much.

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. 😍 💕

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

Liked this so quick because I been looking for a brief regarding car buying at an auction. Thank colettd

To think I was literally just researching now. You read my mind, thank 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

I had to like and comment and watch later. I know it's going to be valuable information 🤗

Yooh! I wish you were my mentor. You delivered a very clear explanation of an auction process. Thank you so much. Amazing 👏

This is the kind of content I've been looking for😁🔥

This information is even relevant today..... Thanks Nkosazana.

Great tips. Young professionals can definitely benefit from this.

useful info. thanks for informing us and keep up this info

Thank you for your advise Nicolette

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.

The registration fee is fully refundable if you’re unsuccessful. Roadworthy tests are at the buyers costs and they need to arrange such

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

Great video, will be sharing with some peeps

Thank you for covering this topic

Thank u, I will buy my first car at an Auction. Something to travel from & to work😝

My fave❤thankyou for the information it's always worth it

Hey always looking forward to u video am inspired so far .

Nice video, I like all the videos of Nicolette were she speaks from her knowledge.. unlike video that are pre- rehearsed

Informative and entertaining, love your energy 👌

This is a much needed video 🙌🏽

Thank you for this information.

Thank you so much for the overall information🌺🌺

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

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 ♥️

The extra costs factor is very helpful

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

Information I've always needed

very informative especially for me as im working on starting my own business of buying and selling cars

Hi Nicolette cn u pls kindly do a video abt pros & cons of buying vs leasing a car.

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 dunno who this lady is, but she is actually spot on. Love it!

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

I enjoyed this video... 😊 informative & still entertained

I aspire to be you❤❤Thank you for educating us

As always meaning information when we need it as if you can read our minds🙌🙌🙌

I have been checking out auction site a lot... Thank you for this nicollet❤️

Thank you ❤💕

Thank you.

Daaaaaaamn! I like your new hairstyle!!! Sweet 21!

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

Nicolete, you're the best!

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.

You are very well-spoken

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 KZfaq Viewing

Good useful video.

Please share links of credible auctions if you know any. Valuable information, thanks.

😂😂😂😂 Yes sometimes you are buying someone’s tears at an auction. Informative video as always. Thank you 🙏

😅😅😅😅that of polo ,🙆gal it got me big, mara why vele😅😅😅, thank you Nicollet 😍

I’m here already 💓💓

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.

You make so much sense

Good information ✈️✈️✈️

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.

I'm sorry but i really like the energy put into the video

wow thank you nicollete

thank u for the info :-)

😂😂😂😂 i like this video because you have really made me happy

😂😂u not giving these polo guys a break neh

❤❤love this video

The way you say Carh!

Nicolette, please tell me about how to buy a used car from SA and shipping it to Uganda, what processes do I go through?

EY THE POLO GUYS LOL, why did you go to the auction heeehhh

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.

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

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.

What's the name of that app to use so I find the actual value of a car?

Love the content please improve the audio quality... There is an echo...

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.

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.

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.

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😥😥😥😥

How much is their commission, is it a % or a fixed amount?

Smart woman.

Am new here. Damn am glad I found this channel💪🔥🐐👏🇿🇦 your gold. I love you. Oh and am still a student lol

true car dealerships buy cars there. its insane

an african Goddess with BRAINz.....we need more of you in our COW-ntree,keep on preaching gudthings

thanks mam,i want to know ,what is the prosses of diposite money for auction

You're 100% correct. Buying a car at the action is a risk. I once did that and regret.

How do you spot a legit auction house?