We're loading the full news article for you. This includes the article content, images, author information, and related articles.
NCBA Bank puts 53 vehicles under the hammer in an online auction, with salvage units starting at KSh 35,000, offering bargains for buyers and parts dealers alike.

Deal hunters and mechanics, start your engines. NCBA Bank has announced a massive public auction of 53 vehicles, with reserve prices for some salvage units reportedly starting as low as KSh 35,000.
The auction, set to take place via the bank’s online bidding platform, features a diverse fleet ranging from high-end luxury SUVs to heavy-duty commercial trucks. The move to dispose of these assets highlights the bank’s aggressive recovery strategy on non-performing loans, but for the savvy buyer, it presents a golden opportunity.
The inventory is scattered across yards in Nairobi, Mombasa, Nakuru, and Eldoret. Key highlights include:
Gone are the days of shouting matches in a dusty yard. NCBA has digitized the process. Prospective bidders must register on the bank’s portal, view the catalogue, and submit their offers online. The bank emphasizes that all vehicles are sold on an "as-is, where-is" basis, meaning there are no warranties. Buyers are strongly advised to physically inspect the cars before clicking "submit."
While an auction is good news for buyers, it is a lagging indicator of economic distress. The volume of repossessed vehicles suggests that many borrowers are still struggling to service loans despite the improving macroeconomic outlook. For the 53 previous owners of these cars, the hammer falling is a tragic end; for 53 new owners, it’s a bargain beginning.
Keep the conversation in one place—threads here stay linked to the story and in the forums.
Sign in to start a discussion
Start a conversation about this story and keep it linked here.
Other hot threads
E-sports and Gaming Community in Kenya
Active 9 months ago
The Role of Technology in Modern Agriculture (AgriTech)
Active 9 months ago
Popular Recreational Activities Across Counties
Active 9 months ago
Investing in Youth Sports Development Programs
Active 9 months ago