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 1996 year model Ford Escort was previously for sale in Kwazulu Natal with an asking price of R 15,500. This low mileage bank repossessed Ford Escort for sale has 20,110km on the clock. The vehicle primary colour is RED. The vehicle has a Manual transmission.