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 2014 year model Peugeot 107 is for sale in Gauteng with an asking price of R 86,100. This average mileage bank repossessed Peugeot 107 for sale has 124,053km on the clock. The vehicle primary colour is Other. The vehicle has a Manual transmission. The vehicle has the following comfort features AirCon,Power Steering,Radio,Speakers.