Sell them for very cheap prices.
Many banks will have a list of repossessed vehicles at their branch offices. They may also have a list of these vehicles on their website. Some banks auction off cars that are repossessed and they wind up at used car lots.
yes, if it's being repossessed, it is the banks property.
Yes some repossessed vechicles are sold in auctions. There are some that the banks own, but they try to recover their moneys lost as soon as possible.
These entities regularly auction off repossessed cars. Places and times vary by bank and region, so call the banks in your area to get started.
Your local car auction can provide you with a great selection of repossessed cars and trucks. You can contact banks and lending istituions for a list of cars tey have for sale most cars are sold at auction.
There may be more to it. Call the banks legal department and ask them for cause.
It is necessary for banks to repossess mobile homes if the owners cannot pay the mortgage. Often banks will sell these repossessed homes for a cheaper price because they need to get rid of it fast.
Several sites specialize in sales of Harley Davidsons, including: Buy That Harley, HD Motorcycles for Sale, and HD4Sale. Alternatively, one could check the local Craigslist and newspaper classified ads, or even see if any repossessed motorcycles have appeared at a nearby auction house.
A vehicle can be repossessed any time of the day, and generally any day of the week. Some banks limit certain holidays.
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
Repossessed cars can be purchased directly from Banks and Credit Unions. Many larger Banks and Credit Unions will simply send the vehicles off to "dealer only" auctions, but most of the smaller Banks and Credit Unions will offer these vehicles for sale on their websites to the general public. If you view the "related links" section on this page there is a website which is a free repo finder tool that lists direct links to Credit Union repossession across America. You can browse local repossessions in your area and then contact the individual Banks and Credit Unions about purchasing the vehicles.
There is not a national repossession list available. Many banks do have lists of vehicles that have been repossessed. These lists are made with the hopes of reselling these vehicles.?æ