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 2007 year model Tata LPT was previously for sale in Kwazulu Natal with an asking price of R 138,200. This low mileage bank repo Tata LPT for sale has 17,193km on the clock. The vehicle has a Manual transmission.