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 2002 year model Alfa Romeo 156 was previously for sale in Western Cape with an asking price of R 33,600. This high mileage bank repossessed Alfa Romeo 156 for sale has 231,904km on the clock. The vehicle primary colour is grey. The vehicle has a Manual transmission.