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 2009 year model Renault Koleos was previously for sale in Gauteng with an asking price of R 135,500. This high mileage bank repossessed Renault Koleos for sale has 250,792km on the clock. The vehicle primary colour is Silver. The vehicle has a Manual transmission. The vehicle has the following comfort features AirCon,Central Locking,Electric Seats,Leather Seats,PDC Rear,Power Steering,Power Windows,Radio,Speakers.