NCBA Bank Auctions 34 Repossessed Vehicles Including Premium 2024 Toyota Land Cruiser

NCBA Bank announces an auction of 34 repossessed vehicles, with bids starting from KSh 480k up to KSh 20.8m for a 2024 Land Cruiser. Deadline April 14.

By: AXL Media

Published: Apr 11, 2026, 4:32 AM EDT

Source: Information for this report was sourced from TUKO.

Strategic Asset Liquidation by NCBA

In a major move to clear repossessed assets, NCBA Bank has invited the public to bid on a diverse fleet of 34 motor vehicles currently held in several car yards nationwide. On April 11, 2026, the lender publicized the auction, which includes a mix of luxury personal vehicles and heavy duty commercial machinery. The sale represents a significant opportunity for both individual buyers and business entities to acquire relatively new models, such as a 2024 Toyota Land Cruiser 300, at competitive reserve prices.

Diverse Inventory from Saloons to Heavy Trucks

The auction inventory spans a wide spectrum of the automotive market, catering to various budget levels. The most accessible entry in the catalog is a 2014 Nissan Sylphy with a reserve price of KSh 480,000. For commercial operators, the bank is offering high value units including Mercedes-Benz Actros prime movers, FAW tippers, and several Isuzu models ranging from the FRR to the heavy duty FVZ series. Premium passenger options are also available, including Audi Q5 and Toyota Prado models manufactured between 2015 and 2018.

Standard Auction Terms and Inspection Protocol

Prospective buyers are advised that all 34 vehicles will be sold on an "As is, Where is" basis, a standard industry practice for bank auctions. This means the buyer accepts the vehicle in its current condition at the time of sale. NCBA has encouraged interested parties to conduct physical inspections at the specified storage locations, which include sites in Nairobi, Mombasa, Kisumu, Eldoret, and Meru. These inspections are crucial for assessing the mechanical and aesthetic state of the assets before submitting formal bids.