• Answers
  • Web

Bank repo cars for sale, cheap repo car sales?



Bank repo cars for sale, cheap repo car sales?



How can I buy cheap bank repo cars for sale from government auctions?

What have your experiences been with repossessed cars for sale, were there any problems? Did you find any cheap repo car sales?
Appreciate it.

 

-----------

 

ADD:

 

OK - I suggest you visit my other Yedda question on cheap bank repo cars , where there is an excellent answer by Georgia,
who suggests Gov & bank repo cars and auctions ,

 

Check it out.

 

Hope that helps someone...

 



Share Send to a friend Watch Report
 
 

8 Posted Answers
Order by

 

I work for a local bank and they can hold it for up to 14 days to verify that it is a real check drawn from a real bank where funds are truely available to cover the check. Also to make sure you are not directly or indirectly involved in a money scam or in money laundering. For these reasons, I would be glad to wait it out.

Posted 2009-08-27T15:14:48Z
 
1 helpful answer

Thanks, good link Lisa,
was looking for great info on bank repo cars for sale.

Posted 2009-09-02T09:23:07Z
 

You can contact your local bank - but most banks send their cars directly to dealer auctions so they don't keep them around long.

Public auctions are always high risk for finding a reliable car but you have to give up something to get a great price.

Posted 2009-10-07T07:58:23Z
 

Whats the cheapest way to get government or bank repo cars or seized or used government vehicles?


Looking for a cheap repo car that still functions really well.

Posted 2009-10-13T10:07:25Z
 
2 helpful answers

What can you tell me about buying government seized cars?

Looking for really nice cars for like $1500. Is it viable and legit to buy seized cars? What should I avoid or be cautious of?

Posted 2009-10-23T09:55:18Z
 
2 helpful answers

Where do you find cars impounded in crackdown?

Posted 2009-11-01T11:24:27Z
 
1 helpful answer

Gov. auction cars are nothing but repo cars in whose original purchase there was an involvement of a gov contract of some sort. My experience with them is good, but you do have to know what you're doing.

If you go the offline route, you should try to find as many auctions as possible in your local area. Go early, see what's available, who other attendees might be ( particularly dealers ) and how many of them there are. Study the rules, as they do tend to change a bit from one particular auction to the next. Always check the car and ask for the vehicle's VIN. Get a full Vehicle history report  at Autocheck or any other place you trust ( sometimes provided by the seller ). Know how much you can afford to bid ( including additional costs ) and don't go beyond that.

Here are some more tips on how to buy repossessed cars on sale where to purchase government auction cars .

Good luck.

 

Posted 2009-11-25T20:56:57Z

Sign in to participate

Got an answer for lisa? Would you like to comment on the posted answers, or vote for the one which you think is the best?

Sign up for a free account, or sign in (if you're already a member).

Explore Related Questions

Other people asked questions on similar topics, check out the answers they received:


Q:

Buy repo cars for sale, Impounded cars for sale?

Buy repo cars for sale, Impounded cars for sale? Is it possible to find bargains? What's the best way to buy repo cars for ...
Submitted by james   3 months ago.
  • viewed 1244 times
Last answer posted 25 days ago by jane


Q:

Bank repo cars, government repossessed cars?

Bank repo cars, government repossessed cars? Any advice, it possible to find deals? Have you ever purchased any seized ...
Submitted by bill   3 months ago.
  • viewed 324 times
Last answer posted 25 days ago by jane


Q:

Cheap repo car sales, bank repo cars for sale

Cheap repo car sales, bank repo cars for sale? How to find cheap repo bargains at auctions? Have you ever bought ...
Submitted by lisa   3 months ago.
  • viewed 1249 times
Last answer posted 1 day ago by ines



» More...

Explore Related Posts in Forums

What's the most expensive car to be repossessed?

Question - who the hell finances cars like these?Quote: , originally posted by mynameisphunk » Paris if they took his veyron, he leant a car to lil kim that no one was making payments on and it was repoed Former NY Met Lenny Dykstra is bankrupt and TMZ was there to shoot pics of his $400k Phantom getting repossesed: $590k SLR...

Westlake Financial Complaint - I Do Not Understand, Car Loan

He said he was a repo guy I asked what he was doing there he said to take car I was like thats out to see if car was gone it wasn't it was being blocked by two cars so after a while it was towed it and then some. I guarantee she knew that car was not going to be retrievable once it was repossessed

C4C: $24000 per car?

For Clunkers program, officially known as the Car Allowance Rebate System (CARS), but Edmunds.com analysts... indicate that only 125,000 of the sales were incremental. The rest of the sales would have happened that will have a negative affect on sales in the following months. And just watch how many of those cars get...
» More...
Powered by
Feed - Subscribe to changes to this Q&A Blog
ADVERTISEMENT
  • Answers
  • Web
Copyright © 2006-2009, Yedda Inc. and respective copyright owners · CC License