Aucor Durban-KZN

What Aucor Durban-KZN does

Aucor Durban-KZN is a trading location of Aucor Group (Pty) Ltd, a privately-held South African auction house founded in 1968. Operating across KwaZulu-Natal, Western Cape, Eastern Cape, and Mpumalanga, the company conducts both live and timed online auctions focused on bank-repossessed vehicles, open-box merchandise, and vintage thrift goods. Physical auction venues are maintained in Durban, Cape Town (Bergvliet and Strand), and eMalahleni (Witbank), with auctions scheduled as themed events such as MFC Bank Repo Truck and Vehicle Auctions and Treasure Seeker open-box sales.

The business runs on the Auction Mobility LLC white-label auction technology platform, providing live webcast, timed-then-live hybrid bidding, and bidder registration accessible via web browser (live.aucor.com) and native iOS and Android mobile applications. This platform enables remote participation across the company's distributed geographic footprint. Aucor has implemented compliance with Section 45 of the South African Consumer Protection Act (No. 68 of 2008), the Financial Intelligence Centre Act (FICA No. 38 of 2001), and the Protection of Personal Information Act (POPI, 4 of 2013), alongside the EU-U.S. Privacy Shield certification held by the underlying technology provider.

Revenue is generated entirely through transaction-based fees: purchaser commissions on successful bids (inclusive of VAT), documentation fees per transaction, and refundable registration deposits collected from bidders. The customer base comprises financial institutions disposing of repossessed assets (with MFC Bank named explicitly), corporate sellers liquidating surplus inventory through open-box auctions, and individual consumers bidding on vehicles and merchandise. The company employs 1-10 staff, has no disclosed parent company, no external funding, and operates as a small, geographically distributed auction house.

Name

Aucor Durban-KZN

Legal name

Aucor Group (Pty) Ltd

Website

https://live.aucor.com

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

1–10 employees

Short description

Aucor Durban-KZN is a South African auction house operating live and timed online auctions across multiple provinces, serving financial institutions, corporate sellers, and individual bidders with repossessed vehicles and merchandise via a white-label technology platform.

Ownership category

akta.pro rank

akta.pro primary industry

Auction-based Generalist Marketplaces (CRAFAAAC)

akta.pro secondary industry

Wholesale Vehicle Auctions (Physical & Online) (TLABAKAA)

Keywords

• Online auction services
• Vehicle repossession auctions
• Open box auctions
• Live webcast bidding
• Timed online auctions

Headquarters

HQ city

Durban, KwaZulu-Natal

HQ country

South Africa

HQ region

Africa

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Purchaser Commission: The auction house charges purchaser commission on goods and lots sold, inclusive of applicable VAT. Commission is collected directly from each successful purchaser in addition to the purchase price bid on auction.
2. Documentation Fees: Documentation fees levied by the auction house on transactions, stated separately from the purchase price alongside VAT and purchaser commission.
3. Registration Deposits: Refundable deposits collected from bidders upon registration. Deposits are refunded if no purchases are made or if the bid was not confirmed by the seller.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Aucor Durban-KZN is the KwaZulu-Natal branch of Aucor Group (Pty) Ltd, a South African auction house operating live and timed online auctions for vehicles, general merchandise, open-box inventory, and vintage goods. The company conducts themed auction events including bank repossession vehicle auctions (e.g., MFC Bank Repo Truck & Vehicle Auctions), open box auctions (e.g., Treasure Seeker, Bergvliet Beat The Bids), and vintage thrift sales. Auction services are delivered through an online webcast bidding platform paired with iOS and Android mobile applications, supported by physical auction venues in Durban, Cape Town, and eMalahleni.

Product overview

Aucor is a South African auction house operating primarily as a web-based platform with mobile applications. The core offering is the Aucor Live Auction Platform, a consumer-facing bidding platform for live and timed auctions. The platform is powered by the Auction Mobility white-label technology and offers a dedicated mobile app for iOS and Android. Aucor conducts various auction types including timed-then-live vehicle auctions, open box auctions, and vintage thrift sales, primarily serving buyers in Durban (KZN) and Cape Town regions.

Differentiator

Problem solved

Functional benefit

Segments3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Auction Mobility LLCcoreTechnology or IntegrationAuction Mobility LLC provides the Auction Experience Management Platform technology powering Aucor's online auction site (live.aucor.com) and mobile applications. The platform is hosted on behalf of Aucor and enables online bidding, live auction monitoring, and transaction processing. Aucor Group (Pty) Ltd is the owner of information collected through the platform.

Recent moves5 records

Expansion highlights4 records

Direct peers

• Clear Asset Auctions: Clear Asset Auctions operates online vehicle and asset auctions in South Africa, focusing on bank repossessions and fleet disposals. Comparable to Aucor in both vehicle auction focus and use of online timed-then-live formats for South African bidders.
• Park Village Auctions: Park Village Auctions is a South African auction house running live and online auctions across multiple asset categories. Comparable to Aucor's generalist auction marketplace model, including mixed vehicle and general merchandise offerings.
• Webuycars: Webuycars is a major South African online vehicle remarketing platform that buys and sells cars through auctions to dealers and consumers. Comparable to Aucor in vehicle auction focus, online transaction model, and South African market presence.
• Auto Pedigree: Auto Pedigree is one of South Africa's largest vehicle auction houses, conducting live and online auctions of repossessed and used vehicles for banks and dealers. Directly comparable to Aucor's bank repo vehicle auction business across overlapping South African regions.
• SA Asset Auctioneers: SA Asset Auctioneers is a South African auction house running live and timed online auctions across vehicles, general merchandise, and corporate asset disposals. Comparable to Aucor's generalist auction model and South African regional coverage.

Broad incumbents

• Copart: Copart is a global online vehicle auction platform operating in the US and internationally, including online-only and live auction formats for salvage and used vehicles. Comparable to Aucor's online vehicle auction model but at significantly larger scale and geographic reach.
• IAA (Insurance Auto Auctions): IAA is a major US-headquartered online vehicle auction platform serving insurance, fleet, and dealer consignors globally. Comparable to Aucor's online auction technology model for vehicle dispositions, though with much broader asset categories and geographic footprint.
• Manheim (Cox Automotive South Africa): Manheim is a global vehicle remarketing leader operating auctions and digital platforms for dealer and consignor networks. Comparable to Aucor's vehicle auction business at scale, though it serves a broader dealer ecosystem and operates internationally.
• eBay (eBay Motors): eBay operates a global online marketplace including auction-style vehicle and merchandise listings. Comparable to Aucor's auction-based online marketplace model for vehicles and general merchandise, though it operates as a horizontal marketplace rather than a dedicated auction house.

Others

• BidX1: BidX1 is an online auction platform operating across multiple countries for property and asset sales. Comparable as a thematic peer using online timed-then-live auction formats with mobile bidding capability, though focused on property rather than vehicles and merchandise like Aucor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/aucor-durban-kzn

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aucor Durban-KZN