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 2007 year model Lexus IS was previously for sale in Gauteng with an asking price of R 588,500. This low mileage bank repo Lexus IS for sale has 84,150km on the clock. The vehicle primary colour is RED. The vehicle has a Manual transmission.