Are you interested in buying a repossession from a bank or lender? This is a great option because you can buy directly from the source, saving money and possibly qualifying for a more attractive loan. While there are many banks that sell repos, Bank of America is one of the best options. Bank of America […]
If you’re considering buying a repossession, it’s a good idea to familiarize yourself with Kelley Blue Book (KBB) values. Given a history of over 90 years and millions of unique visitors logging onto the site each month, KBB is one of the most popular and trusted guides for automotive pricing. It can also be incredibly […]
If you love the idea of spending your weekends on the water, but you don’t want to spend a fortune on a boat, you should consider repossessed boats for sale. These boats are cheaper than buying from a dealer, and you can get a great boat out of the deal. It’s important to know that […]
When you purchase a used vehicle that is marked in “as-is” condition, it means you are agreeing to buy the car in its current condition. If there are repairs that need to be made, you will be responsible for them. Repossessed cars are typically sold in “as-is” condition. If you are considering a repo car, […]
Whether you buy a new car, used car or repossessed car, you’ll need to pay for the vehicle before you take it home. Unless you have the cash upfront, you’ll have to take out a car loan. One of the biggest predictors in the type of loan you get and the interest rate you pay […]
It doesn’t take much for a car to be repossessed. In most states, one default can kickstart the repossession process. After default, the creditor can repossess the car at any time and without notice. This is why there are many great repossessions on the market, you just have to be willing to look for them. […]
When buying repossessed vehicles, you have a number of ways to purchase them, such as from a lender auction, used car dealer or reseller service. However, the best way to buy repo cars is directly from a bank or credit union. Lenders just want to recoup their losses, so they’re willing to work with buyers […]
Are you interested in buying a repossessed truck? It’s easier than you might think! Plus, buying a repo truck is a great way to get the vehicle you want at a price you can afford. Banks and credit unions often have lists of repossessions on their websites that include new trucks, old trucks, compact trucks, […]
Buying a repossession is a lot like buying a used car, except it is an “as-is” purchase. There is no warranty from the dealer, so you absorb whatever problems the car has. This is why repos are hundreds to thousands of dollars less than other vehicles. Even though there are significant cost savings upfront, you […]
With a few exceptions – it really doesn’t matter what car you buy. There is no secret list of good or bad used cars, because any car could be a good car FOR THE RIGHT PRICE. So if a model is unreliable – it will have a worse reputation, which will lower the going rate. […]