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 2014 year model Mercedes Benz E Class was previously for sale in Eastern Cape with an asking price of R 273,700. This low mileage bank repo Mercedes Benz E Class for sale has 51,992km on the clock. The vehicle primary colour is Silver. The vehicle has an Automatic transmission. The vehicle has the following comfort features AirCon,Central Locking,Leather Seats,PDC Front,PDC Rear,Power Steering,Power Windows,Radio.