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 2015 year model Mercedes Benz 116 was previously for sale in Western Cape with an asking price of R 220,700. This high mileage bank repo Mercedes Benz 116 for sale has 223,502km on the clock. The vehicle primary colour is Grey. The vehicle has an Automatic transmission. The vehicle has the following comfort features AirCon,Central Locking,Power Windows,Power Steering,Radio,Speakers,Sunroof/Moonroof,Xenon Headlights.