Number of cars sold at auctions increased


July 7, Fineko/ In the 1st half of this year, the State Service for Property Issues under the Ministry of Economy held 24 auctions for the sale of transport vehicles.

ABC.AZ reports that 384 vehicles have been put up for auction and 319 of them have already been sold (3.7-fold more against 1st half of 2021).

Over Jan-Jun 2022, the total starting price for the sale of vehicles was 1,269,425 manats, but as a result of a competitive auction it amounted to 1,620,911 manats. In other words, the offer exceeded the starting sale price by 351,486 manats.