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 2014 year model BMW 1 Series is for sale in Gauteng with an asking price of R 163,000. This high mileage bank repossessed BMW 1 Series for sale has 240,986km on the clock. The vehicle primary colour is Black. The vehicle has an Automatic transmission. The vehicle has the following comfort features AirCon,Central Locking,Leather Seats,PDC Rear,Power Steering,Power Windows,Radio,Speakers,Sunroof/Moonroof.