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 2013 year model Lexus LS was previously for sale in Gauteng with an asking price of R 439,700. This low mileage bank repo Lexus LS for sale has 78,544km on the clock. The vehicle primary colour is Other. The vehicle has an Automatic transmission.