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Banco Ciudad Sets Online Auctions: Congress Fleet on Dec. 5, Phones Nov. 27, Tools Nov. 28

Bidders must register on the bank’s platform with a refundable guarantee deposit to participate.

Overview

  • On December 5 from 12:00 to 17:00, Banco Ciudad will auction 20 vehicles from the Chamber of Deputies, ranging from sedans to pickups and a minibus, with base prices from $3.5 million to $16 million and most units reporting valid inspections except one Bora listed as not functioning.
  • Vehicle previews are open in Buenos Aires on November 26 for lots 1–18 at Av. Rivadavia 1841 and on November 27 for lots 19–20 at Pasco 650, both from 10:00 to 14:00.
  • Participation requires creating an account at subastas.bancociudad.com.ar, subscribing to the event up to 48 business hours before start, and posting a guarantee equal to about 10% of the base price, which is refunded within seven business days if not awarded; bids are irrevocable and the site extends closing time for last-minute offers.
  • On November 27 from 11:00 to 15:55, ARCA-held cell phone lots go online with bases starting at $75,000, and purchases are subject to 21% VAT plus a 10.5% internal tax.
  • On November 28 from 12:00 to 12:55, the bank will auction 231 construction tools with starting prices around $120,000–$125,000, no shipping is offered, and in-person viewing took place November 19–20 at Pedro de Mendoza 3825.