Connect with us

Car Buying Tips

Where is a Good Place to Find Car Repos for Sale?

Published

on

If you’re looking for a great deal on the next used vehicle that you purchase, it may be a good idea to consider buying a repo car. You can find great deals on car repos for sale but there are really only two places that you can go to buy them. The first place that you can go to buy a car repos for sale is to a public auction. Public auctions are open to everyone who has enough cash to buy a used repo car. Besides live auctions, there are also silent auctions, and there are even a few legitimate sources for online auctions. The reason why so many people are interested in auto repos for sale is because it is a great way to save 30 to 40% on the next car that you buy.

If you don’t want to worry about the hassle of going to an auction, and having to outbid everyone there, another way that you can do this is to call up local credit unions and find out if they have any repossessed cars they would be willing to sell. Chances are you can save a few thousand dollars just by buying a repossessed car from a credit union. The credit union will be happy because it is less risky for them to sell the car to you, then to wait and see what they can get for it at an auction. And you will be happy with the purchase because you will be able to save some money.

The downside of trying to deal directly with the bank or credit union is that sometimes they can take a couple of weeks to get an offer of proof. The author sometimes has to be approved on all levels before they will be allowed to sell you the car. Sometimes, you’ll run into banks and credit unions that don’t even want to bother with trying to find a buyer for their car. They would rather sell it to a used car dealer or sell it at an auction.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Copyright © 2017-2022 Autosaa.com. All rights reserved.

Autosaa - an online guide for automobile reviews and tips including Auto Care, Repairs, Accessories, Buying Selling, Rentals etc. This site is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide website owners to earn advertising fees by advertising and linking to amazon.com and any other website that may be affiliated with this Program.