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 2013 year model Hyundai Mighty was previously for sale in Western Cape with an asking price of R 370,000. This low mileage bank repossessed Hyundai Mighty for sale has 7,494km on the clock. The vehicle primary colour is purple/ white. The vehicle has a Manual transmission. The vehicle has the following comfort features Power Windows,Central Locking,Power Steering,Power Steering,Tools. The vehicle has the following safety features Immobilizer.