He city ​​Bank announced a online auction of subway carswhich by order of Subterráneos de Buenos Aires SE (SBASE), will go up for auction on June 14 starting at 10.

These are 14 units of the General Electric brand, of national origin, manufactured in 1964, and which in 2020 were withdrawn from service within the framework of the network’s Rolling Stock Renewal Plan. The units circulated in the different subway lines of the City of Buenos Aires from its commissioning, until the year 2020. Participation in the auction requires prior registration and can be consulted at https://subastas.bancociudad.com.ar

Each of these units, which will go up for auction with a base price of $680,000, was manufactured in the country, in the province of Córdoba, by the state company Fabricaciones Militares. All lots offered are in virtually their original condition, with few post-manufacture modifications. They have a weight of 25 tons and their body measures 17 meters long by 2.6 meters wide and 2.52 meters high.

The cars are for passenger transport, without motor. They have eight doors for ascent and descent, two doors for communication between wagons, seats, handrails and windows; and have capacity for 42 seated passengers. For rolling they have two bogies, with four wheels each. With respect to the general condition of the wagons, they are well preserved, but they show some deterioration as a result of use, in addition to the lack of their motor components, which were removed from all the units that are presented in this auction.

Subterráneos de Buenos Aires ordered the cessation of circulation of these wagons because their age and technical limitations mean that they are not compatible with the current standards of the local network. The money raised in the auction will be invested in different Subterraneos de Buenos Aires projects.

One of the points that arouses the greatest interest among individuals and companies in this type of auction, are the destination options that can be given to the structures of subway cars withdrawn from service. Among the most common uses are turning them into homes, atelier, restaurant, tourist accommodation or country houses. There are also fans who seek them for their private collections. This wagon auction, which is presented on a very competitive basis for entrepreneurs, is an excellent opportunity for this type of project.

display of lots

It is by prior registration. The formations will be presented from Monday, June 5 to Friday, June 9, on business days, from 9 a.m. to 2 p.m.

Lots from 1 to 11: Mariano Acosta workshops, at Av. Mariano Acosta 2497, CABA

Lot 12: Corrales warehouse, at Calle Corrales 1455 CABA Lots 13 and 14: Dellepiane Sur 3670 – CABA.

The withdrawal, for those who have purchased at auction, will be coordinated in accordance with the indications of SBASE, in the exhibition places detailed above. All lots pay 21% VAT.

Pre-registration to participate in the auction

Those interested in making offers must register within 48 hours. business days prior to the start of the auction. Participation requires a guarantee deposit corresponding to 10% of the base value of the lot that you wish to acquire (amount that will be returned in full if you do not bid or if the offer is not winning, within 7 business days after the auction).

In addition, an address in the Autonomous City of Buenos Aires and an email must be provided, which will be valid indistinctly for all legal effects derived from this auction.

Electronic bid through the online auction portal

On the date and time indicated, the application for offers will begin through the portal ().

Bids must be made through the auction site only.

Each bidder may make the number of bids he deems necessary until he is awarded or is exceeded, during the duration of the public auction.

The same bidder may make more than one offer for the same good, always prevailing the one with the highest value. All offers made are irrevocable and irretractable. Bids cannot be annulled and/or canceled under any circumstances, being rejected only when they are outbid by another bidder. During the procedure, bidders will be able to observe in real time the evolution of the offers made, in amount and position.

Each offer made during the bid must exceed the previous offer, be it its own or that of another bidder.

Award

Then, within the 48 business hours following the auction (immediately at the end of the auction, the winner receives an email with the notification of the award of the lot), the payment of 20% of the sale price must be made, and a 10 % corresponding to the commission plus VAT. The remaining 80% must be paid once the auction has been approved by the selling entity.

Once the same is received, the funds secured as guarantee are returned.

Steps to participate

  1. Those interested must have an electronic device such as a tablet, notebook, PC, smartphone or similar with a WIFI connection.
  2. Registration as a user in in “Login” (the credentials are the same as Self-management).
  3. Entry to the Auction of interest in
  4. Read Conditions of Sale.
  5. Make the transfer of the security amount that enables you to participate. This percentage depends on the specific conditions of each auction.
  6. Receipt of the authorization email to be able to bid.

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