Auction of 26 Imported Cars at Cairo Airport Customs Yard on August 15
Highlighting brands such as BMW, Mercedes, Peugeot, Porsche, and Mitsubishi.
Cairo International Airport’s car customs division will host a public auction at noon on August 15th, selling 26 lots of imported cars. The event will be held in the Giza Sports Club Hall on Bahr Al-Azam Street, beneath Abbas Bridge.
The vehicles up for auction range from brand-new imports to those acquired through customs seizures, featuring an array of brands and models. Notably included are the BMW, Mercedes, Peugeot (models 605 and 504), Mazda, Jeep Grand Cherokee, Toyota Land Cruiser, Kia Shuma, Isuzu, Mitsubishi, Porsche, Land Rover Discovery, RAV4, Hyundai Elantra, Nissan, and Isuzu pickup. Additionally, various motorcycle brands and 8 different motors are also up for grabs.
Prospective bidders can purchase the auction guidebook for EGP 400 from the General Authority for Government Services. For those interested in inspecting the vehicles firsthand, they will be available for viewing at the car customs yard near Cairo Airport’s bus stand. This inspection can be done from 9 am to 2 pm on official business days leading up to the auction date.
Participants will need to present a valid national ID. Dealers, however, are required to produce a tax card to be eligible. Attendees can also bring experts for car inspection.
The auction will be conducted following the stipulations of Law No. 182 of 2018, which oversees contracts by public entities. This is further supported by the regulations of Resolution 692 from 2019. Note that acquiring the auction guidebook is mandatory for participation, and each car lot is auctioned individually, commission-free.
Bidders should be aware of the following:
- An entry deposit of EGP 10,000 is required, payable at the car customs treasury or during the auction.
- Should a bid not be successful, the deposit will be returned. However, if successful, the deposit will be deducted from the car’s final price.
- Bidders aiming for multiple lots need to place separate deposits for each.
- Winners are obliged to pay 30% of the total cost immediately after the auction. Failing to pay on the day means the deposit is retained by the administrative authority. The initial payment can be made in cash or through a certified bank check. The remaining amount should be settled within the next 15 days.
- Late payments attract a 1% storage fee per day, capped at one week.
