“Know Your Pockets”: Repossessed X6 Sold for R160k at Auction, Mzansi Responds

• A TikTok user shared that an X6 was sold for R160,000 at an auction after it was repossessed from its owner
• The silver BMW was sold at Burchmore's after the owner could no longer afford the instalments
• Social media users in the video's comment section stated that one could not blame the dealership for the repossession

Car auctions may be fun, but being the previous owner of a vehicle sold to the public soon after can hurt.

TikTokker @usizilomuntuomnyama shared that this happened to a person who once owned a BMW X6 (although the post mistakenly calls the car an X4). In their TikTok post, the app user uploaded a screenshot of the vehicle being sold at auction.

"The disheartening truth is that the dealership will sell you a car even if you can't afford it. Then, six months down the line, the instalment will become unaffordable, and you'll surrender the car."

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The TikTokker added:

"The same dealership will go to the auction at Burchmore's, buy it, and sell it to another customer. Then the cycle continues."

@usizilomuntuomnyama also added a few words of advice in their caption:

"We can beat the system by learning how to live within our means."

Take a look at the post in the picture below:

Netizens share their thoughts on repossessed car

The TikTok video, which received over half a million views, had hundreds taking to the comment section to share advice and personal experiences about purchasing a car.

@1dr4znonly shared their thoughts:

"You can’t blame the dealership. You should know your affordability."

@hlabane_m told the online community:

"Unfortunately, that's business. Know your pockets, and do research before buying a car."

@mpholetsoalo1 laid down a harsh truth:

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"The dealership doesn't sell you a car you can't afford. You are the one who's buying the car that you can't afford."

@bryantrudolph advised internet users:

"Don't live beyond your means. No one cares what car you drive. If they do, they aren't the people you should be around."

Motorist pays R37k for Polo at auction

In a related article, Briefly News reported about a TikTokker who showed the internet that a Volkswagen Polo was sold at an auction for an affordable price.

While the venue was packed with hopeful buyers and those interested in the vehicles on display, the auctioneer knocked the gavel on the block when an unknown motorist bid R37,000 on the car, which usually retails between R350,000 and R550,000.

Source: Briefly News