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 2004 year model Mercedes Benz E Class was previously for sale in Western Cape with an asking price of R 158,730. This bank repossessed Mercedes Benz E Class for sale has unknown mileage. The vehicle primary colour is GOLD. The vehicle has a Manual transmission. The vehicle has the following comfort features AM/FM Stereo,Radio,Speakers.