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most major banks sell their repos thru dealer only auctions,i have repoed many cars for banks in 13 states ,most end up in dealer only auctions
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∙ 14y ago
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You want to buy reposessed land from the bank?
It is possible to buy repossessed land from the bank. Most banks hold monthly auctions where they sell repossessed land, houses, cars, etc. The prices of these items are usually considerably lower than retail cost, so it is a good investment.
Do you have to pay for a car if it is repossessed?
The bank will sell yours at auction. Whatever they do not recoup, you owe the difference.
How do you buy repossessed tractor trailers?
Repossessed tractor trailers can be purchased from some tractor trailer dealers. If the rig was previously financed by a bank, the bank repossessing it will try to sell the tractor trailer to a dealer before selling it to the public.
When you vehicle is reposed are you financially responsible to pay the bank anything?
When your car is repossessed from the bank, the bank will sell it, usually at an auction. You are responsible for the difference of the selling price and what you owe on the car.
Can a dealer sell your car if you still have the title?
yes if you car was repossessed in Maryland and the dealer has a security intrest on the tittle they can apply for a repossession tittle and sell the cars as soon as they have a tittle
How can you find out where a bank will sell your repossessed vehicle?
It will most likely go to a wholesale auction where only licensed dealers are allowed to bid.
Does Bank of America buy and sell Iraqi Dinar?
no they bys and sell prostiutes
What happens if a car is repossessed?
Unless you contact the bank and work out a solution, they will sell the car. You will then be liable for the difference in what the car sells for and the balance on the note.
The bank repossessed your motorcycle what will you still have to pay?
the bank will sell the motorcycle normally at auction what ever it sells for is taken of what is owed and you pay that balance if it makes more then is owed a refund is payed
Does Chevrolet sell or manufacture cars?
"Yes, Chevrolet sell's and manufacture's cars. They have been in business since the early 1900's and they are one of America's top brands that are still made in America."
When did bank of America sell their corporate trust business?
1996
Where are cheap Skoda cars available for sale?
In order to find a cheap Skoda car, the best place to look is for used car dealership. Because these cars have been previously used, you will get a much greater deal than by simply buying it new. Else You can go with RepoFinder.com for list of bank and credit unions across America that sell repossessed vehicles and real estate to the public, this website will you to find majority of good vehicles which available near by to your locality.
