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 Jeep Grand Cherokee was previously for sale in Western Cape with an asking price of R 149,600. This average mileage bank repossessed Jeep Grand Cherokee for sale has 186,623km on the clock. The vehicle primary colour is Silver. The vehicle has an Automatic transmission. The vehicle has the following comfort features AirCon,Central Locking,Electric Seats,Leather Seats,PDC Front,PDC Rear,Power Steering,Power Windows,Radio,Speakers.