📝 Description
A VW PASSAT passenger car from 1997 is being sold via a primary auction with an initial price of 400 EUR. This vehicle has been in use but shows significant issues: it has corrosion and requires major investment for suspension and engine repairs. It offers potential as a parts source or restoration project.
The auction runs from 2025-05-05 09:00:00 to 2025-05-06 13:59:59. Participant registration is available from 2025-04-28 00:00:00 until 2025-04-29 23:59:59. Note the financial obligations: initial price of 400 EUR, registration fee of 20 EUR, and a deposit of 40 EUR. The deposit is 10 percent of the starting price.
The non-refundable registration fee is not included in the final sale price. Deposits are returned within 5 business days after the auction ends for unsuccessful bidders. The winning bidder must sign the protocol by the next business day and pay the full amount within 10 business days. Purchase agreement costs are paid by the winner upon completing payment.
The auction is organized by UAB ELEKTRENIŲ KOMUNALINIS ŪKIS (company code 181613656). Payments go to SEB bank, account LT807044060007928408.
The auction runs from 2025-05-05 09:00:00 to 2025-05-06 13:59:59. Participant registration is available from 2025-04-28 00:00:00 until 2025-04-29 23:59:59. Note the financial obligations: initial price of 400 EUR, registration fee of 20 EUR, and a deposit of 40 EUR. The deposit is 10 percent of the starting price.
The non-refundable registration fee is not included in the final sale price. Deposits are returned within 5 business days after the auction ends for unsuccessful bidders. The winning bidder must sign the protocol by the next business day and pay the full amount within 10 business days. Purchase agreement costs are paid by the winner upon completing payment.
The auction is organized by UAB ELEKTRENIŲ KOMUNALINIS ŪKIS (company code 181613656). Payments go to SEB bank, account LT807044060007928408.
❓ Frequently asked questions
What is the starting price for the VW PASSAT car?
The initial auction price is 400 EUR.
When does participant registration end?
Registration ends at 2025-04-29 23:59:59.
When will auction results be announced and when does the auction end?
The auction ends at 2025-05-06 13:59:59.
What additional fees must be paid besides the car price?
You need to pay a 20 EUR registration fee and a 40 EUR deposit. The deposit (40 EUR) is returned if you do not win the auction.
What are the main defects mentioned in the description?
The vehicle has corrosion and requires major investment for suspension and engine repairs.
How long is the payment period with the organizer?
The full property price must be paid within 10 business days from the auction execution date.