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 2012 year model Peugeot 308 was previously for sale in Eastern Cape with an asking price of R 156,400. This low mileage bank repossessed Peugeot 308 for sale has 46,744km on the clock. The vehicle primary colour is GREY. The vehicle has a Manual transmission. The vehicle has the following comfort features Power Windows,AM/FM Stereo,Central Locking,Power Steering,Radio,PDC Front,PDC Rear,Speakers,Power Steering,Air Conditioning.