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What is the difference between a normal boat and a repossessed boat?
Wiki User
∙ 12y ago
A repossessed boat is a boat that the bank or company has taken back from you because you neglected or were unable to make payments to legally own the boat. A normal boat would be a boat that's owned by a person who's either making the payments on time or already has it paid off.
Wiki User
∙ 12y ago
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