Repossessed Cars

Repo cars are cars that were offered as collateral against a defaulted loan, or have been repossessed
by government organizations or banks due to non payment of instalments. Repo cars are more often
than not well used, and should be treated as second hand cars. In fact, the reason why repossessed
cars are so competitively priced at government car auctions is because they have been used by the
owner in some cases for a few years.