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Co-op Bank announces sale of used vehicles from Sh100,000

The Co-operative Bank of Kenya (Co-op Bank) has announced the sale of used motor vehicles through a public auction.

In a notice on Wednesday, April 22, the lender invited Kenyans to submit bids for the 23 vehicles featuring various brands and models.

According to the list, the cheapest vehicle a Toyota Lite will go for Sh100,000, while the most expensive is Isuzu FVZ at Sh6.48 million.

Co-Op post

Also in the list is Daihatsu Mira (Sh580,000), Toyota Probox (Sh600,000), Nissan Dayz (Sh650,000), Mazda Demio (Sh890,000), Mazda Demio (Sh940,000), Nissan Note (Sh940,000), Peugeot (Sh1 million), Mazda Demio (Sh1.08 million), and Toyota Vitz (Sh1.14 million).

Others are Nissan Juke (Sh1.16 million), Nissan Sylphy (Sh1.22 million), Isuzu NPR (Sh1.7 million), Nissan X-Trail (Sh1.89 million), Toyota Harrier (Sh2.18 million), Isuzu FRR (Sh2.5 million), Proton X70 (Sh2.9 million) and Isuzu FTR33 (Sh3.02 million).

The lender is also seeking to dispose Isuzu NMR85HK (Sh3.18 million), Isuzu NQR (Sh3.53 million), Isuzu FTR (Sh3.76 million), and Porsche Cayenne (Sh4.76 million).

The vehicles are stationed in various yards in Nairobi, Mombasa, Eldoret, Embu and Thika. They includeTop of Form Lmaya Storage Yard, Startruck Investments Yard, Eldoret Supermax, Kefa Auto Bazaar Motors, Embu, Ekemwanya Auction Yard, and Purple Royal.

Others are SK Dhahabu Motors Limited, Mount Kenya Storage Yard, Grey Post Ltd, Kiambu Road, Open Road Enterprises, Nairobi, Capitol Diamond Storage, Thika, Razor Sharp Storage Yard, Blackbird Storage Yard, and Tumbo Auction Centre, Mombasa.

How to participate in Co-op Bank’s vehicle auction

Interested buyers are required to submit bids online through Co-op Bank’s vehicle platform by May 6, 2026. Bidders are required to pay a non-refundable bidding fee of Sh3,000.

“An offer letter shall be issued to successful bidders subject to payment of a non-refundable fee of Sh3,000 (bidding fee). A successful bidder will be required to pay the bid amount in a lump sum within 24 hours after receipt of the letter of offer on a first-come, first-served basis,” the bank stated in a notice in the Daily Nation.

Also Read: NCBA taps Kenya’s self-build trend with structured financing solution

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