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 2005 year model Kia Pregio Bus was previously for sale in Gauteng with an asking price of R 87,100. This bank repossessed Kia Pregio Bus for sale has unknown mileage. The vehicle has a Manual transmission.