Bank repossessed cars

03 Apr 2010

There are various forms of bank repossessed cars. The sellers of this type of automobile want to sell it as quickly as possible. This is due to the fact that these banks and institutions have to pay maintenance on these cars themselves (properties which they don’t use in any case). The fact that bank repossessed cars are sold so eagerly means that they are a great investment opportunity for potential buyers, being sold for an average of 20% below the market price, without necessarily entailing a car of lower quality.