18 Years of IBID: A Celebration of New Strength, Precision, and Excellence

Thursday, 3 April 2025, marked a special occasion for Balai Lelang Serasi (IBID) as it celebrated its 18th anniversary.  This milestone signifies maturity in its operations and serves as a reflection of a lengthy journey characterized by challenges, learning, and innovation. Embracing the theme ‘Stronger, More Meticulous, and Superior,’ IBID reaffirms its commitment to be a trusted auction house in Indonesia consistently.

Since its establishment in 2007, IBID has evolved into a key player in both the domestic automotive and non-automotive auction sectors. IBID not only offers transparent and easily accessible auction services but also consistently innovates to adapt to the dynamic demands of the market.

This 18-year trajectory has not been without its hurdles. However, they drive IBID’s growth to be more resilient and adaptable. With the help of digital technology, online platform development, and collaborations with various strategic partners, IBID has successfully delivered a secure, swift, and efficient auction experience for the public.

Furthermore, the company consistently prioritizes accuracy in every stage, from vehicle inspections and pricing to transaction systems. All these processes are executed meticulously to ensure that customer trust and satisfaction remain the foremost priority.

Underlying all these accomplishments, there’s a highly dedicated IBID team alongside customers who consistently entrust their trust. This synergistic combination propels the company forward with renewed vigor—delivering auction services that are increasingly superior, informative, and accessible to a broader audience.

Looking ahead, IBID will not only concentrate on fortifying its vehicle auction services but also broaden its reach into other sectors, such as auctions for lifestyle products and industrial goods. With an agile and customer-centric approach, the company stands ready to meet the evolving demands of the market.

This 18-year milestone marks a pivotal point for further strengthening our foundations while simultaneously embarking on a new chapter in IBID’s journey. We firmly trust that through the power of collaboration, precision in our processes, and the drive for continuous excellence, IBID will consistently become the public’s primary choice for conducting transactions through auction.

We extend our sincere gratitude to all our customers, partners, and the entire IBID team across Indonesia. Your contribution is an integral part of this success.

Let’s continue to move forward together with new strength, precision, and excellence.