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 2012 year model Lexus IS is for sale in Gauteng with an asking price of R 168,200. This bank repossessed Lexus IS for sale has unknown mileage. The vehicle primary colour is White. The vehicle has an Automatic transmission. The vehicle has the following comfort features AirCon,Bluetooth Connection,Central Locking,Electric Seats,Leather Seats,PDC Front,PDC Rear,Power Steering,Power Windows,Radio,Speakers,Sunroof/Moonroof.