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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Equipment General Goods Equipment was previously for sale in Gauteng with an asking price of TBA. This bank repossessed Equipment General Goods Equipment for sale has unknown mileage. The vehicle primary colour is GREY. The vehicle has a Manual transmission.