₦airaland Forum

[quote]Describing it as corrective, the Lagos State government, last week, auctioned vehicles impounded by the state’s task force for flouting traffic regulations, especially driving against traffic.

The offenders were earlier charged to a mobile court and their vehicles forfeited to the government.

On Wednesday, the state’s Ministry of Justice and the Lagos State Task Force offered the over 100 vehicles to highest bidders. One of the exotic cars up for auction, a red Toyota Corolla car, went for N6.5 million as the stake kept rising against the determined car owner’s decision to have his prized vehicle back, which The Guardian learnt belonged to a company.

From an opening bid of N750,000, the bid kept jerking up as the crowd of auctioneers, agents, buyers and the car owner tried to outwit one another as the highest bidder before the bid closed at N6.5 million, more than double the market price of a used vehicle of the make.

However, a woman was lucky as she repurchased her forfeited car with N140,000, after relentlessly appealing to all present to let her alone bid for the vehicle. But luck ran out for another woman too, as she stared blankly after all efforts to bid for her car within her reach failed. Her Toyota Camry car was auctioned for N1,150,000.

Other vehicles auctioned included a Nissan Murano at N1 million, Cabster cabin truck for N1,930,000, a Toyota Corolla for N660,000, a Mack truck went for N2.7 million and a commercial bus for N400,000.

The Guardian learnt some of those who gathered at the task force junk yard in Alausa were there to trade as licensed auctioneers, who would win bids for the cars and later resell to original owners with some extra money added. Many of the over 100 cars up for auction were commercial buses, popularly called Danfo, trucks, vans and regular private cars.

Once a bid was concluded, winners were expected to make a down payment of non-refundable 40 per cent with the balance to be paid two days later, else the bid would be cancelled.

The Lagos task force chairman, Shola Jejeloye, said the process was all about a corrective action for Lagosians to comply with the traffic offences and avoid the task force confiscating their vehicles and charging them to court.

“Even for us, it is not an easy process. It is corrective rather than punitive measure and the process is fair and transparent from the point of arrest to the court and now to auction. We urge motorists to be abreast of the laws of the state, and particularly avoid driving against traffic.”

The coordinator of Mobile Courts at the Ministry of Justice, Mrs Arinola Ogbara Banjoko, said victims are allowed to defend themselves in court and if they provide genuine evidence and the court is satisfied, they would be let go but if found guilty beyond reasonable doubt, the cars would be forfeited to the state.

“Our aim is not to trade in cars, but for citizens to obey the laws and stop plying prohibited routes,” she added.

https://m.guardian.ng/news/lagos-auctions-forfeited-vehicles-sells-toyota-corolla-for-n6-5m/

If you bid for seized cars in Nigeria, pray that owners of such cars do not belong to criminal gangs . Your life may go for it.

Dat Dirty Corolla For N6m?
I For Beta Buy 3 New Nissan Micra Take Do Taxi For Ibadan.
Smh...

Govt agents increasing their audio bid to cashout high.
Tueh

this approach should not near portharcourt or else problem go dey.

,

I'm quite sure they fixed auctioneers there to inflate the prices so the owner will bid at higher price in an attempt to win back his or her vehicle

The penalty is inhumane.

Na brand new ..

is either the people in charge of the bidding use juju for the bidder or na game plan to discourage the owner

Just be careful while dealing with such sales.

For your NORD VPN check my signature...

Scammers.
Modified: after reading some comments here, I concluded that some people only read but they don’t understand. You all kept shouting 6.5m is too much for the car like it was the initial label.
Here’s it. That car was auctioned for a very subsidized price but there are lots of competitors struggling to get that exact car and therefore the price keep adding up just to scare people away till it reached 6.5m. That’s just it. If the competition for that same car increase, then the price may as well be inflated to 7m till someone get it or people stop struggling for it.

See gobe

Another man's sweat. oga o

How could that red corolla go for 6.5 millicent?

LMS1:
Dat Dirty Corolla For N6m?
I For Beta Buy 3 New Nissan Micra Take Do Taxi For Ibadan.
Smh...

See Ibadan pesin mentality!

Owuya.

Ndi iberibe.

Simply say they just didn't want the owner to reclaim his car and outwitted him, because nobody wey head correct go buy that car for that amount.

Who ever bought for such amount was high on drugs.

The wickedness in this Nigeria is too much

If it were your brother or sister will you auction his vehicle like that to the highest bidder

This is pure Evil


I HOPE I MADE SENSE

Corola na gold

#6.5 million naira for corolla as auction?. Una dey mad well well

Lagos Bazaar

Daylight robb ery. Vehicles like this should be subsidized