Posted by james 2 years ago In:

repossessed cars for sale, impounded cars for sale, bank repo cars, repo cars for sale, repo car sales, cheap repo car sales, buy repo cars, repo car auction, buy a repossessed car

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 sale?

Have you ever bought a repo car, were there problems? Did you get a good price?

thanks

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10 Answers

Order by: Oldest to Newest; Newest to Oldest; Votes

Howard Answered:

Bargins can be had, however, as Lisa said in her answer, the majority of repo vehicles are purchased by dealers due to the extra profit they can make. I am a regular eBay seller and buyer and you always see many vehicles that are repo's being offered by dealers. You find this out by using the Carfax reports. Dealers usually buy the newer vehicles at the major auction outlets and on the east coast, the one in Penna. comes to mind. Dealers also send cars and trucks that they have taken in trade to auctions if they sit on their lots for several months with no buyer and they also send those vehicles which may not be mechanically up to standards and older/high mileage vehicles. There are local auctions in most states that sell abandonded, impound vehicles. Generally those vehicles used by Government have been well taken care of maintenance wise. Impound, seized vehicles are probably the most risky buy.

If you decide to go this route, be careful! Remember you are dealing with professionals in the business and are bidding against those with much experience in this process.

Posted 2 years ago

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serena Answered:

Thanks Lisa and Howard,
that's great advice on how to buy repo cars - appreciated!

Posted 2 years ago

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estella Answered:

there is no "real" list for government seized cars - banks do not sell reposesed cars or homes , they are all turned over to either a car wholesaler or a realtor company If you have a certain car or house in mind then contact the bank -they may or may not tell you

Now and then-if you catch the bank at just the right time -and ask -they may offer you the car or home at what is owed on it

Posted 2 years ago

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liam Answered:

Car sales on bank repo cars / vehicles?

I really need a cheap car and don't have much money - I'm thinking of a car that has been repo or seized because they are so inexpensive and I am pretty desperate...

ADD: Lisa, fantastic site!! Thanks for the thread.

Ta

Posted 2 years ago

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incuz Answered:

You must consider these guidelines http://ekikrat.in/Buy-Used-Cars before you buy a repo/used car.

Posted 2 years ago

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john Answered:

How to buy government seized cars?

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

ADD: After struggling for quite a long time to find the answers I was looking for, I have finally taken Lisa'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 Lisa great thread!!