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 BMW 7 Series was previously for sale in Eastern Cape with an asking price of R 216,500. This average mileage bank repo BMW 7 Series for sale has 131,006km on the clock. The vehicle primary colour is SILVER. The vehicle has a Manual transmission.