SB Finance, an affiliate of Security Bank, is set to host its second ‘Tambike sa SB Finance’ event, putting repo motorbikes up for bidding. This time around, the company is holding a one-day sealed bidding event on Saturday, September 14, 2024, at its repo warehouse in Bagumbayan, Quezon City. Motorcycle enthusiasts and buyers will have the opportunity to bid on premium repossessed motorbikes, including top models such as the NMAX, Click 125, Click 160, PCX 160 CBS, and Raider R 150 FI, all at highly competitive prices. As an added bonus, successful bidders will receive a free motorcycle helmet with their purchase.
Around 40 Class A repossessed motorcycles will be available for sealed bidding, with starting bids at below retail price. Interested buyers can submit their bids online via the official bid form or a closed ballot system. A reimbursable PhP1,000 security deposit via GCash is required for each motorcycle unit upon bidding (PhP1,000 per motorcycle unit). This will serve as an advance/security payment for the winning bidder (to be deducted from the total bid price), while reimbursements will be done for the losing bidders.
“Tambike sa SB Finance is a fantastic opportunity for motorcycle enthusiasts and buyers to acquire top-quality repossessed motorbikes at attractive prices,” said Lovely Galang, Head of Sales and Distribution for Auto Finance at SB Finance. “Our goal is to offer unbeatable value, create a fun and engaging experience, and make the bidding process accessible for all participants.”
The event will kick off at 8:30 AM, with the actual bidding starting at 9:00 AM, and will close at 4:00 PM. Winners will be notified on the same day, and they must complete their payments by September 16, 2024, either in person or through bank deposit. Failure to pay within the specified time frame will result in the motorcycle being offered to the next highest bidder.
In addition to the bidding, attendees can look forward to a variety of perks, including a same-day raffle draw for motorcycle gear, complimentary food and beverages, and additional fun activities with exciting prizes.
For those who wish to explore the available repo motorcycles before the event, the SB Finance Motorcycle Repo Warehouse, located at #8 Mercury Avenue, Bagumbayan, Quezon City, is open to visitors from Monday to Saturday, 8:30 AM to 5:30 PM (excluding holidays). Regular updates are also available on the SB Finance official Facebook page, and its official website www.sbfinance.com.ph.
Don’t miss out on the chance to hit the road in style. Inquire today, and turn your motorcycle dreams into reality with SB Finance.