Repossessed cars offer a great deal of opportunity for the car shopper who is looking to score a great vehicle for a low price. If you're wondering where to find those repossessed cars, keep reading to learn where to look.
Instructions
- 1
Watch your local newspaper; repossessed car auctions are frequently announced publicly. Once you have the time and date of a repossessed care sale or auction, it's just a matter of showing up and making bids.
2Keep an eye out; public car auctions frequently happen in what seems the most happenstance areas and times. They are not always well announced, but if you watch vacant car lots there will often be signs such as "Repossessed Car Sale Saturday 3PM". The next step upon seeing a sign like this would be to call the contact number for a list of the repossessed cars being sold so that you can do research on the makes and models (to ensure a quality purchase).
3Contact local credit unions and banks and ask them for a list of repo cars. They will be one of the first agencies to know that a car is being repossessed, so it makes sense to tap into their resources of you're looking to buy a repossessed car.
4Look for repossessed cars online for the most comprehensive listings. When you go online it's also easy to find car repossessions that are out of your area-sometimes extending your search radius can improve the buying options available to you.
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