Jun
26
I am trying to find out where to buy vehicles such as motorcycles that were repossessed by banks or government. How do you usually find out about this stuff? Thanks!
Tags:
Government Car Auction
Government/Police/Public Car Auction
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June 26th, 2009 at 2:17 am
Banks and finance companies either directly sell repossessed vehicles themselves, or hire an auction company to sell the vehicles. You can call the banks or auctions companies that the banks use. Here's more about it:
http://www.leaseguide.com/Articles/repoauctions.htm
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June 26th, 2009 at 2:17 am
Check your local phone book for repossession companies. Most cars have to go to certified auctions and dealers get the deals. But a lot of smaller banks and Credit Unions will have the repo company sell them. Some Credit unions sell their own repo's as well, so they are a good source to call as well.