Bank repossessed cars offer a great way to buy a (relatively) new car for a vey god price. Bank repossessed cars are obviously not brand spanking new, but pretty close enough. Most of these vehicles fall in the category of demo vehicles, and some of them are even newer. The great thing is that these cars are available at greatly reduced prices; you can expect to pay anything from 10-40% off the market value of any bank repossessed car.