SBM Bank announces auction of used lorries and trucks, bids start from KSh 770k

SBM Bank announces auction of used lorries and trucks, bids start from KSh 770k

SBM Bank Announces Auction of Used Lorries and Trucks, Bids Start from KSh 770k

  • SBM Bank announced a public auction of eight lorries and trucks and a printer in a notice on Thursday, December 4, 2025
  • The financial institution explained the bidding process for interested buyers who must meet the conditions for the sale
  • The bank noted that successful individuals will be notified about the results of the action after two days of the date of opening

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TUKO.co.ke journalist Japhet Ruto has over eight years of experience in financial, business, and technology reporting, offering insights into Kenyan and global economic trends.

SBM Bank has announced a public auction of eight used lorries, trucks and a printer.

Lorries and trucks on a road.
SBM Bank is selling used lorries and trucks. Image for illustration. Photo: Kibaale Radio.
Source: UGC

The financial institution asked interested bidders to view the vehicles at various yards before placing bids.

What is the bidding process for SBM vehicles?

The lender said interested bidders should submit their bids to the bank’s Tender Committee by Thursday, December 11, 2025.

“Interested bidders are required to submit their bids in a sealed envelope marked “Tender for motor vehicle” addressed to: The Tender Committee, SBM Bank Kenya, P.O. BOX 34868-00100, Nairobi, and drop them at SBM Bank Kenya Riverside Mews, to reach the committee not later than Thursday, December 11, 2025.

For further details, contact us at: 0115-527-595 / 0701-115-010. Successful bidders will be contacted within two working days from the date of opening,” the notice in the Daily Nation on Thursday, December 4, stated.

Trucks on a Kenyan road.
SBM Bank is auctioning trucks and lorries. Photo: Ullaz Deliveries.
Source: Facebook

Which vehicles is SBM Bank auctioning?

Reg no

Make

Year of manufacture

Yard

Reserve price

1. KDJ 337X

Mitsubishi Fuso/lorry/truck

2021

Collinet Auctioneers Yard, Kisumu

KSh 2.8 million

2. KCF 409Y

Man TGX24.40

2008

Matriz Yard, Mombasa

KSh 800,000

3. KCF 418Y

Man TGX24.40

2008

Matriz Yard, Mombasa

KSh 800,000

4. ZF2646

Randon trailer

2015

Matriz Yard, Mombasa

KSh 1.17 million

5. 20″ UV benchtop flatbed printer

Roland

2015

Philips International Auctioneers, Kileleshwa

KSh 750,000

6. KDH 971J

Mercedes-Benz Actros

2015

Matriz Yard, Mombasa

KSh 2.73 million

7. KDD 207N

Isuzu NQR81

2021

Collinet Auctioneers Yard, Kisumu

KSh 770,000

8. KCP 435A

Isuzu NQR66

2017

Valley Auctioneers Yard, Membley

KSh 2.4 million

9. KCR 438W

Isuzu NQR66

2018

Valley Auctioneers Yard, Membley

KSh 2.5 million

Which other companies auctioned vehicles?

In other news, the Co-operative Bank of Kenya announced an auction of 19 vehicles, with bids starting from KSh 400,000.

The financial institution requested interested parties to submit their proposals via a notice on Wednesday, December 3, 2025.

The lender stated that applications must be submitted online via its platform and requested that bidders view the cars at several yards before placing a bid.

Elsewhere, NCBA Bank advertised the sale of 30 vehicles featuring several models and brands.

These include an Ashok Leyland cargo truck for KSh 4.5 million, a Ford Everest for KSh 7.98 million, an Isuzu D-Max double cab for KSh 8.57 million, and an Isuzu FRR truck for KSh 5.85 million.

Other models on sale are several Toyota brands (Voxy, Fielder and Auris), Subaru, Mitsubishi, Mazda, Nissan, and other brands.

Source: TUKO.co.ke

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