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 2015 year model Honda CBR 600RR was previously for sale in Gauteng with an asking price of R 145,800. This low mileage bank repossessed Honda CBR 600RR for sale has 30,120km on the clock. The vehicle primary colour is White. The vehicle has a Manual transmission.