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Duly instructed by our principals, KENYA ORIENT INSURANCE LIMITED we shall sell by public auction the following motor vehicles ON WEDNESDAY THE 4TH DAY OF JULY 2018  from 11.00 A.M AT OUR OFFICES ON 5TH FLOOR, WESTERN HEIGHTS, KARUNA ROAD WESTLANDS, NAIROBI

NO.

REG. NO.

MAKE/MODEL

Y.O.M

LOCATION

1

KAW 987M

TOYOTA CARIB

1999

TOPVIEW

2

KBE 554Y

MERCEDES AXOR

2007

KYEVALUKI YARD

3

KBF 671U

TOYOTA CALDINA

2003

ACCIDENTAL AUTO GARAGE

4

KBF 747U

TOYOTA FIELDER

2003

KOIL ASSESSMENT CENTRE

5

KBH 215S

M BENZ PRIME MOVER-AXOR

2005

JOKE MOTORS-MAZERAS

6

KBP 819D

MERCEDES ACTROS

2004

CRYSTAL MOTORS

7

KBQ 383E

TOYOTA SURF

2004

CRYSTAL MOTORS

8

KBR 157S

PRIME MOVER

2006

HOME BOYZ GARAGE

9

KBR 580G

FAW-PRIME MOVER

2011

PORTREIZ-INSURED YARD

10

KBR 642A

VW-STATION WAGON

2004

KENYA ORIENT ASSESSMENT CENTRE - KAMPALA RD

11

KBV 104G

TOYOTA HILUX

2006

RACY GARAGE

12

KBZ 230B

ISUZU FTR

2007

KOIL ASSESSMENT CENTRE

13

KBZ 987M

MAZDA DEMIO

2007

KENYA ORIENT ASSESSMENT CENTRE - KAMPALA RD

14

KCC 347E

NISSAN NOTE

2008

RAGATI - KARATINA

15

KCD 740S

VOLKSWAGEN AUTO

2008

MURANGA MOTORS

16

KCE 327A

NISSAN TIIDA

2008

KENYA ORIENT ASSESSMENT CENTRE - KAMPALA RD

17

KCF 515E

FUSO FZ TIPPER

2015

KENYA ORIENT ASSESSMENT CENTRE - KAMPALA RD

18

KCF 790W

FAW –CAJ280

2015

TRANSAFRICA MOTORS LIMITED

19

KCJ 221W

NISSAN WINGROAD

2009

KENYA ORIENT ASSESSMENT CENTRE - KAMPALA RD

20

KCN 177H

SUBARU IMPREZA

2009

TJ & U GARAGE

21

KCN 246S

NISSAN TIIDA

2010

DUNJOS MOTORS

CONDITIONS OF SALE

  1. Viewing will be from 25.06.2018 to 03.07.2018 (during normal working hours) at their respective garages/yards.
  1. All amounts shall be deposited in Kenya Orient Insurance Limited Account No.06800000259 at Family Bank Limited, Fourways TowersNo cash shall be accepted in their offices.
  1. A refundable deposit of Kshs50,000 will be payable to Kenya Orient Insurance Ltd by prospective bidders through bank deposit as under 2 above, and receipt thereof issued in their offices.  We shall issue a catalogue and a bidding number to prospective bidder upon production of receipt from Kenya Orient Insurance Ltd. Please note that there shall be no bidding whatsoever without a bidding number. Further note that no bankers cheques or CASH will be accepted at the venue of the auction.
  1. Please note that each Kshs50,000 bidding deposit will be limited to purchasing a maximum of 1 (one) vehicle only. Any bidder intending to purchase more vehicles must pay the requisite amount of bidding deposits before the auction date.
  1. Unsuccessful bidders shall be refunded their deposits immediately after the auction.
  1. Successful bidders will pay 25% of the bid amount by close of business on the same day (amount includes deposit of Kshs50,000) failing which the deposit shall be forfeited and the salvage sold to the second highest bidder. The 75% balance shall be paid within 7 days after the auction through bank deposit as under 2 above. The buyer will forfeit any amounts paid, if he/she fails to pay either the deposit or the balance within the stipulated time-frame.
  1. Kenya Orient Insurance Ltd shall bear storage charges up to 7 days after date of auction. Any further accrued storage will be borne by the buyer.
  1. Sale will be subject to reasonable reserve prices and the full amount for all vehicles bided shall be paid before release of any other vehicles.
  1. Bidders who successfully bid for vehicles above Kshs 1million will have to pay Kshs 200,000 bidding deposit at the fall of the hammer.
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