The first batch of laid-off vehicles in Yichang City was auctioned in Taohualing Hotel on March 30, which was sold up to 902,220 dollars with 100 vehicles at the auction.

The vehicles at the Auction, attracting over 1000 bidders, involved many brands in various types, including cars, business vehicles, cross-country vehicles and trucks of Honda, Volkswagen, Toyota, etc. The reference price ranged from 1,390 dollars to 13,900 dollars.

These laid-off government vehicles were estimated to be sold 480,600 dollars; however the final volume of transaction reached 902,220 dollars after a four-hour fierce bidding, with a premium of 88% and none of them left. No.92 Toyota Pardo won the highest price of 32,136 dollars among these vehicles.

It’s learned from Government Vehicle Reform Office of Yichang that other public auctions would be held in batches in public, and the enterprises and individuals who were interested could continuously pay attention to the follow-up auctions. (Reporter Tian Dongming, Correspondent Si Wuju)