For the second time, the Da Nang Department of Finance held an auction of 39 cars left over from agencies, with a total starting value of VND 5,773 billion.
Mr. Nguyen Van Phung, Director of Da Nang Department of Finance, said that these 39 cars are redundant public property after the city rearranged the standards, allowing each agency to only use one shared vehicle, according to regulations. government. The city has decided to recall the car in April 2021, switching to auction for public funds.
This is the second time the Da Nang Department of Finance has held an auction of this used car lot. “The last time took place in March but there were no participants, maybe because the guests thought the price was too high, so we reorganized,” Mr. Phung said.
This time, Da Nang Department of Finance still keeps the starting price as before, excluding value added tax. All costs related to the transportation, relocation of the property from the place of storage, costs of title transfer, transfer of ownership and related costs shall be borne by the winning customer.
Customers will go directly to the Hoang Gia Partnership Auction Company (Da Nang branch) at 9 Tran Thi Ly Street, Hai Chau District, to register for participation. Pre-order is 580 million VND.
Time to sell documents from May 6 to the end of 16h30 on May 20; The auction took place on the afternoon of May 23, at the Hoang Gia Auction Company. Customers will directly pay the price, in the form of bid up.
In November 2019, Da Nang Department of Finance held an auction of a Mercedes Benz E300 (originated in Vietnam, manufactured in 2010) with a starting price of VND 940 million; two Toyota Landcruiser VX cars (made in Japan, manufactured in 2011) with a starting price of VND 1,465 billion/unit. The selling price after the auction is nearly double the starting price, because many giants want to own luxury cars.
These are 3 cars donated by businesses, arranged for use by the city’s agencies, but were later withdrawn according to the February 2018 decision of the City People’s Committee. Due to the value of three vehicles exceeding the prescribed limit, the city liquidated and confiscated public funds.
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