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 2006 year model Mercedes Benz CLK was previously for sale in Gauteng with an asking price of R 268,400. This average mileage repossessed Mercedes Benz CLK for sale has 126,660km on the clock. The vehicle has a Manual transmission.