Bank repossessed cars are assets that a financial institution has taken back from a client who has failed to pay for it. This financial institution can then decide to either keep the vehicles for compensation or sell the cars to recuperate costs and does this via means of bank repossessed auctions.
Here are some benefits when buying a repossessed car on auction:
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This 2011 year model Chevrolet Lumina was previously for sale in Western Cape with an asking price of R 234,900. This low mileage repossessed Chevrolet Lumina for sale has 46,335km on the clock. The vehicle primary colour is RED. The vehicle has a Manual transmission. The vehicle has the following comfort features Leather Seats,Power Windows,AM/FM Stereo,Central Locking,Power Steering,Radio,Speakers,Spot Lights,Power Steering,Air Conditioning,Tools. The vehicle has the following safety features Immobilizer,Air Bags.