Kenyans looking to own a car at a much lower cost have received a boost after MOGO Auto Limited announced a public auction of repossessed vehicles, with prices starting as low as KSh 150,000.
In a notice published online, the asset financing firm revealed plans to auction 24 used vehicles as part of its ongoing efforts to recover financed assets. MOGO invited interested buyers to submit competitive bids for the cars, which are currently available at its yards across different parts of the country.
According to the announcement, potential buyers can physically inspect the vehicles at MOGO car yards located in Nairobi, Kisumu and Meru counties.
The company emphasised that all vehicles will be sold on an “as-is, where-is” basis, urging bidders to inspect the units carefully before placing their offers.
The auction list includes several popular and commonly sought-after models, among them Toyota Axio, Toyota Vitz, Toyota Prius, Nissan Note, Nissan X-Trail, Nissan Tiida and Mazda Premacy.
The most affordable vehicle on offer is a Nissan Wingroad, which has a forced sale value of KSh 150,000, making it the cheapest option available in the auction. Other vehicles are priced between KSh 230,000 and KSh 1.3 million, depending on factors such as model, year of manufacture and overall condition.
MOGO explained that interested bidders should submit their offers via email to [cars.sales@mogo.co.ke](mailto:cars.sales@mogo.co.ke), clearly indicating their bid amount and including a valid mobile phone number for follow-up communication.
Alternatively, bids can be submitted in sealed envelopes clearly labelled “Tender for Motor Vehicle” and delivered to the company’s Nairobi office.
The announcement comes at a time when many Kenyans are actively searching for more affordable options amid the rising cost of living and steadily increasing vehicle prices.
Similar auctions by financial institutions have recently attracted strong interest, as buyers seek quality vehicles at prices significantly lower than prevailing market rates.
MOGO has advised all interested participants to strictly follow the outlined bidding process to ensure their submissions are considered during the auction exercise.
