NBR BMW on Trade Me with $1 reserve
It's all in a good cause as the NZICA takes its good luck, and pays it forward.
It's all in a good cause as the NZICA takes its good luck, and pays it forward.
On February 25, NBR revealed the result of its latest subscriber draw.
The New Zealand Institute of Chartered Accountants was the lucky winner of the BMW 3 series 320d edition.
The institute decided to take its good luck, and pay it forward.
This morning, at 10am, the BMW was placed on Trade Me, with a $1 reserve.
All proceeds from the auction (minus GST) will go to Christchurch earthquake relief efforts, NZICA Chief Executive Terry McLaughlin said.
Just 90 minutes after the auction began, bidding had already passed $45,000, with bids increasing at $1000 a minute (follow the auction here.)
BMW has come to the party, too, offering the auction winner - technically, a second-hand buyer - the same two-year manufacturer's warranty and a three-year BMW service plan that a new buyer would receive.
“We saw that a rock from the Christchurch earthquake can raise $60,000 or more on Trade Me, so I’m hopeful that the BMW will attract some good bids. I know what I’d rather have in the driveway,” McLaughlin said.