When it comes to needing to buy a repo car-your opportunities to purchase are close to limitless. There are many reasons a car can be repo'd, from abandoned cars to cars confiscated by the police or other government agency. And repo cars seem like one of the best deals going. This article will illustrate how to buy one.
Instructions
- 1
Check all nearby police jurisdictions close to you to locate and buy repo cars. Typically these repo cars are sold in the form of an auction at specified intervals, but assuming you live nearby several towns and jurisdictions-repo car auctions are usually handled seperately by these authorities.
2Locate federal agencies that also offer repo cars. Generally federal government facilities will contract out to online sites. So you will easily be able to register and participate in this ebay type of auction. Pay attention to all the rules in terms of payment and pick up.
3Inquire at smaller banks in regards to how they sell their repo cars. At smaller financial institutions you may be able to buy repo cars from them directly.
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