How It Works.
100% Online. 100% Hassle Free.
Here’s how you can sign up and start growing your collection in 6 simple steps.
Pay the refundable
deposit when registering
for the first time.
View the auction
collection at the Elso Cars
Place your bids online!
Winner announced and
invoice sent via email.
Payment is made to Elso
Cars via EFT.
Collect your vehicle from
the Elso Cars warehouse.
Important information for bidders:
- Elso Auctions does not conduct any live, on-site auctions. All auctions are conducted online.
- Registration Deposit: R5000 refundable deposit payable before auction starts.
- Administration Fee: R850 (excl VAT) per vehicle bought on auction.
- All vehicle prices on auction are inclusive of VAT.
- Buyers Commission:
1) No buyer’s commission on vehicles owned by Elso Cars – this will be specified on each vehicle.
2) Commission will be charged on consignement vehicles – this will be specified on each vehicle.
3) All commissions are determined by the selling price of the vehicle, inclusive of VAT. See scale below:
a. R0 – R200 000.00 = R2650 (EXCL VAT)
b. R200 000.01 – R350 000.00 = R3650 (EXCL VAT)
c. R350 000.01 – R500 000.00 = R4650 (EXCL VAT)
d. R500 000.01 < = R5650 (EXCL VAT)
- Any payments made to Elso Cars must reflect in Elso’s account before it will be taken into consideration.
Account Name: ELSO CARS
Branch Code: 632005
Account Number: 4098452366
- Vehicles will be available for on-site viewing and collection at the Elso Cars warehouse.
Unit 11, Pryde Park
86 Broadlands Road