Cheap bank repo cars for sale, repo car auctions?

Thanks, good answer Georgia,
was looking for helpful information on bank repo cars for sale.

I would stay away from getting a repo car from a bank and this is why.  Sometimes a bank will reposess a car and sell it to someone else only for the first party who owned the car starts to pay the payments again and the bank gets payments from both parties for one car.  The bank will replace the repo car with an exact replica of the car back to the original owner making it look like it was the car that was repossessed.  It's a real rat business and banks are doing this a lot.  I know it happened to me.  Except it my case it was supposed to be a brand spanking new car.  The car was sold to two people myself and someone else.  The rest of this story is too long to go into but I eventually sold the car a year later and got a brand new car price trade in.  Banks are hurting right now and they will do most anything to stay in business especially credit unions.

I've experience buying repo vehicles at both offline and online auctions.

I agree offline auctions can be a risky business. You need to know very much what you're doing, or you may end up with a vehicle in bad condition and with a price not nearly as good as you could have gotten. Remember you'd be competing with professional car dealers with lots of experience.

Online auctions, on the other hand, are much safer for someone new, provided you take the necessary precautions. You should always get or ask for a full Autocheck - my favorite - Vehicle History Report ( not the one you get for free, sorry ). Ask any and all questions you may have, speek to other buyers and check the seller's rep. Don't forget also to find out how much similar cars have gone for in the past, and bid accordingly. There's a lot of money to be saved if you are smart.

Here's a pretty good article on repossessed car auctions .

Good luck!

You can contact your local bank to see if they have any inventory. 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.

You don't want to go to a auto auction , it would be easier to just go to a few car lots or look in paper - type auto auctions and your states name you wil find one really knowing how to check a used car would do you much better type in how to check used car wil save you time and money type auto auctions bank repo's goverment auctions state name.

ADD: I have visited the site Georgia sudgested and found it extremely helpful. thanks again for the thread.

Ta

Can you please tell me where and when are bank repo carstions and seized police cars auctions in Dallas, Texas?

ADD: After struggling for quite a long time to find the answers I was looking for, I have finally taken Georgia's advice and decided to pay for good service. I will never regret it, I got my answers in less than 20 minutes!! fantastic!

Thanks Georgia!!

Is it really possible to buy cheap impounded cars?

I see commercials about buying cars impounded by the police. Is this really possible?

You should try the cash for klunkers program.

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