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 2008 year model Mitsubishi Lancer was previously for sale in Gauteng with an asking price of R 66,600. This bank repossessed Mitsubishi Lancer for sale has unknown mileage. The vehicle primary colour is Blue. The vehicle has a Manual transmission. The vehicle has the following comfort features AirCon,Power Steering,Power Windows,Radio,Speakers.