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 Caterpillar Yellow Goods 428E was previously for sale in Eastern Cape with an asking price of R 330,000. This low mileage bank repossessed Caterpillar Yellow Goods 428E for sale has 6,858km on the clock. The vehicle primary colour is BLACK & YELL. The vehicle has a Manual transmission.