Lisabank Repossession Warehouse's History
Lisabank Repossession Warehouse's Dealer Principal, Valentina Noitcheva was previously General Manager at Burchmores Sandton.
Burchmores, one of Gauteng's Auction Houses employed Valentina Noitcheva as a used car Sales Executive on the 1st of March 1999.
Valentina was highly successful during the next six years resulting in a promotion to General Sales Manager of Burchmores Sandton during 2005.
As a General Manager for Burchmores, she won numerous awards, primarily as a result of leading a used car sales team that achieved sales of 300 retail units per month at Burchmores Sandton.
Lisabank Management was for many years the largest supplier of used cars to Burchmores Sandton with the exception of repossessions from the major banks.
Burchmores directors on the 24th of February 2009 decided to cease accepting consignment stock from companies affiliated to Lisabank.
Not having any other choice, Lisabank Repossession Warehouse's management examined the Burchmores business model and decided to provide clients attending bank repossession auctions in Gauteng with a better deal, namely (More Car for less money!).
Thus, on the 13th of January 2010 Lisabank Repossession Warehouse CC. was born.
Valentina Noitcheva joined Lisabank Repossession Warehouse on the 13th of January 2011, after Burchmores retrenched her in December 2010.
From humble beginnings in January 2010 Lisabank management have grown the company to two branches (Wynberg and Fourways) with a used car stock holding in excess of 150 cars.
Lisabank commit themselves to providing the used car buying public with More Car for less money!!
We source our vehicles from a variety of suppliers including Bank repossession auctions, corporate entities, leasing companies and the general public.
Valentina cordially invites all the clients she met during her 12 years at Burchmores for a cup of tea and a chat.