More than 40 vehicles belonging to construction firm McGill & Co will go up for auction this week.
Former employees said locals can “grab a bargain” when the fleet goes under the hammer following the company’s collapse into administration earlier this month.
Administrator KPMG laid off 374 workers in Dundee, Edinburgh and Glasgow with immediate effect on February 1, after attempts to bail out the company failed.
About 55 staff have been retained during the administration process as some of the company’s assets are sold off.
However, this morning it was revealed that a buyer for the firm may have been found.
One former McGill employee said redundant workers had to return company cars and vans just days after the devastating announcement at Dundee’s Apex Hotel.
The ex-worker said: “Getting a company vehicle or a van was certainly one of the perks of working at McGill.
“Some staff had to buy vehicles following the announcement which has been a pain and no doubt left some folk out of pocket.
“It was a sad day having to hand them in, no doubt someone will grab a bargain.”
Morris Leslie Auctions will be selling off some of the vehicles at Errol Airfield just before lunchtime on Wednesday. Auctioneer Gregor Leslie said McGill vans were “quality vehicles” being sold at a “very good price”.
He added: “Wednesday will be one of our busiest light commercial vehicle auctions yet. The sad closure of McGill will bring a lot of attention to the auction and provide buyers with a real opportunity to get quality vehicles at a very good price.
“Their fleet was made up of Renault Trafics, Masters, Kangoos, and Trafic nine-seat minibuses, all in white, aged between 2013-2017.”
Vehicles will be auctioned off alongside Scottish council, Scottish Water and government body vans.
An announcement from Morris Leslie confirmed more vehicles from the “sizable fleet” will be sold next month.
McGill was established in 1981 as a specialist building contractor and provided services in the residential, commercial and industrial sectors.
KPMG had blamed “challenging trading conditions in the construction sector” for the company’s collapse, as well as delays in payment for a number of significant projects.