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 2015 year model Ford Transit is for sale in Gauteng with an asking price of R 287,600. This very high mileage bank repossessed Ford Transit for sale has 361,863km on the clock. The vehicle primary colour is White. The vehicle has a Manual transmission. The vehicle has the following comfort features AirCon,Bluetooth Connection,Central Locking,Leather Seats,Power Steering,Power Windows,Radio,Speakers.