Can you purchase a car that's been repossessed?

Andrea, it is NOT impossible, just VERY difficult to buy a home after a repo. MORE DP and HIGHER interest rates are common. Same with a car. You may not get exactly what you want cause the lender and seller knows you are not in the best shape financially. Balance due on the repoed car?? Well, the lender will get a judgement, ask you to pay again then get serious with the collection efforts. This includes garnishment of your wages, attachment of other valuable property you may have. Get ready to sweat for whatever you get. Good Luck