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 Peugeot 308 was previously for sale in Kwazulu Natal with an asking price of R 146,500. This low mileage repossessed Peugeot 308 for sale has 47,134km on the clock. The vehicle primary colour is MAROON. The vehicle has a Manual transmission. The vehicle has the following comfort features Power Windows,AM/FM Stereo,Central Locking,Power Steering,Radio,Power Steering,Air Conditioning,Tools.