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 2010 year model Mercedes Benz S Class is for sale in Gauteng with an asking price of R 244,400. This high mileage repossessed Mercedes Benz S Class for sale has 207,100km on the clock. The vehicle primary colour is Silver. The vehicle has a Manual transmission. The vehicle has the following comfort features AirCon,Bluetooth Connection,Central Locking,Electric Seats,Leather Seats,Navigation System,PDC Front,PDC Rear,Power Steering,Power Windows,Radio,Speakers,Sunroof/Moonroof.