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 2016 year model BMW 1 Series is for sale in Gauteng with an asking price of R 361,590. This low mileage bank repossessed BMW 1 Series for sale has 70,248km on the clock. The vehicle primary colour is Blue. The vehicle has a Manual transmission. The vehicle has the following comfort features AirCon,Bluetooth Connection,Central Locking,Leather Seats,PDC Front,PDC Rear,Power Windows,Radio,Speakers,Sunroof/Moonroof.