Text and photos Chris Van Hoven
Car ownership has been made easier with the grand opening of HMR Auto Auctions last Saturday, December 3. Over 200 bidders attended the opening held at KM 21 East Service Road, South Superhighway, Sucat, Muntinlupa, which serves as the Philippines’ only purpose-built facility for live public auctions of passenger motor vehicles.
The auction event included the sale of 140 passenger vehicles and 100 motorbikes, all sold through live public auction. The vehicles up for auction consisted mostly of late model units, many of which are still under factory warranty. Each vehicle up for auction was driven through the auction lane, allowing bidders to see the car in person, generating a level of competitive excitement among the crowd.
The auctioneers present for the day, namely Garreth Domb, George Magtangob and Samuel Powell, skillfully entertained the crowd with lively banter and comical quips, creating a fun and enjoyable atmosphere.
Bidders are allowed to personally inspect the vehicles up for auction up to three days before the auction day. On the auction day itself, interested bidders need only to register and place an initial deposit – P5,000 for motorcycles, and P20,000 for vehicles – to join the bids for the day.
The HMR Group of companies plans to hold the Auto Auctions every month, starting February of 2017. And while the auction industry in the Philippines is still emerging, the HMR Auto Auctions provides the general public with an excellent opportunity to purchase a family car for a much lower price than through usual channels. HMR Auctions CEO, Samuel Powell, sees the potential for the auction industry in the Philippines.
“HMR Auto Auctions aims to meet the growing demand within the Philippine market for an efficient, transparent, and affordable method for car dealerships and the general public to purchase quality pre-owned motor vehicles,” he said.
HMR Auction schedules, catalogues and more can be found at their website, http://hmrauctions.com.ph and their Facebook page, hmrautoauction.