Bank repossessed cars are a very smart option if you’re looking to buy a car; especially so if you’re not a millionaire and can’t afford a brand new car. Overall bank repossessed cars are usually in great condition, but are sold for much less than the market value. Many second hand car dealerships try to buy bank repossessed cars wherever they can, and then sell these for a greater amount in order to make profit. Fortunately bank repossessed cars aren’t limited to private and dealership buyers, the banks and financial institutions in question will be more than happy to sell to the public as well.