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 2012 year model Mercedes Benz SLK was previously for sale in Gauteng with an asking price of R 653,000. This low mileage repossessed Mercedes Benz SLK for sale has 50,431km on the clock. The vehicle primary colour is silver. The vehicle has a Manual transmission. The vehicle has the following comfort features Leather Seats,Power Passenger Seat,Power Driver Seat,Navigation System,Bluetooth Connection,Power Windows,AM/FM Stereo,Central Locking,Electric Seats,Power Steering,Radio,PDC Front,PDC Rear,Speakers,Power Steering,Air Conditioning. The vehicle has the following safety features Xenon Headlights.