See Photos as Banky W’s Car was auctioned for N2.3 million

With the end of 2018 gradually approaching, Carsbazr, Nigeria’s foremost car retail service selling verified locally used cars powered by Cars45 held its 26th live auction in Lagos at Circle Mall, Lekki. With a recorded success of over 20 cars auctioned at gobsmacking prices.

“Our goal is to ensure that every week we are creating and bringing value to the society as we provide a channel where verified locally used cars are sold at great market prices. If you are looking to get a great deal, Carsbazr is the place to be.  Through our live auctions, we are creating an environment where everyone in Nigeria can comfortably own a car.” John Egwu, Head of Operations, Carsbazr.

Among the cars auctioned this past weekend was Nigeria’s renowned R&B star Banky W’s 2008 Range Rover Sport. This car is a key part of Nigeria’s pop culture history as it has appeared in more music videos and movies than any other vehicle in Nigeria. The bid for the Range Rover started at N750,000 and it was a keenly contested fight till it successfully closed at N2.3 Million naira. Aimed at raising awareness for two charities of his choice, all proceeds from the car will go to The Pink Oak Cancer Trust and the Vocational School for the Blind.

Bidders responded with so much enthusiasm and excitement and every car put into the auction was sold but not without a tough bidding fight with some cars generating as much as 20 contesting bids. The atmosphere was quite fun and competitive!

After winning this Honda Crosstour at  2.4 million, the crowd went wild and registration numbers increased. Observers couldn’t believe that right in front of them, the third high profile car had been won at such an affordable price. The Cars45 & Carsbazr partnership aims at transforming the Nigerian automobile industry. The objective of the Live Auction is to ensure that every Nigerian with the hopes of buying a car can get one at an  affordable price along with a detailed inspection and background check.

“Overtime, we’ve always been about creating value in the automotive industry, making it easier for people to buy cars. From the success of today’s event, it is obvious that people enjoyed the experience, the transparency in the auction and of course the price as well.  To show our continued commitment to giving back, we will also be adding the sum of N500,000 to the N2.3M successfully raised for the charities.” Etop Ikpe, CEO, Cars45 said at the Auction.

Subsequent auctions  will hold at Amuwo Lot (Saturday, December 15th) and Surulere Lot (Saturday, December 22nd). Interested participants can follow @carsbazr on Instagram or visit www.carsbazr.ng for more information. You can also visit our lots across Lagos, Port Harcourt and Abuja to enjoy discounts worth up to 30% on all cars.