Friday, August 22, 2025
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SBM Bank announces auction of motor vehicles for as low as Sh280k

SBM Bank has announced public auction of motor vehicles in Nairobi, Mombasa and Kisumu cities.

In an advert on the Daily Nation on Friday, August 22, the lender invited interested buyers to submit their bids before Friday, August 29.

The vehicles listed for sale include Mercedes Benz, Isuzu, Mitsubishi, Isuzu, and Mazda brands, stationed in various yards across the country.

Co-Op post

The cheapest vehicle set for disposal is a 1995 Range Rover which is set to be disposed for Sh280,000. The vehicle is stationed at Greysport yard in Nairobi.

On the other hand, the most priced vehicle in the list is a 2016 Mercedes hybrid priced at Sh5.86 million. The vehicle is stationed at Philips Yard, Nairobi.

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NCBA

Also in the list is a 2015 Mercedes-Benz Actros (3.48 million), 2021 Isuzu NQR81 (Sh1.15 million), 2017 BMW 318 I Series (Sh1.94 million), 2023 Isuzu FVR90 (Sh5.4 million), Mitsubishi Fuso (Sh3.12 million), and a Mazda CX5 (Sh1.88 million).

The vehicles are available for viewing at Matrix Yard Mombasa, Collinet Yard Kisumu, Philips Yard Nairobi, Startruck Yard Mombasa, Collinet Yard Kisumu, Phillips Yard Nairobi, respectively.

Prospective buyers are urged to submit their applications to the tender committee not later than Friday, August 29.

“Interested bidders are required to submit their bid in a sealed envelope marked “Tender for motor vehicle” addressed to the Tender Committee, SBM Bank Kenya, P.O. Box 34886-00100, Nairobi. Drop the bid at SBM Bank Kenya Riverside Mews, to reach the committee not later than Friday, August 29,” the lender stated.

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