Yahoo Web Search

Search results

1. People also ask

   What is a repossessed car?

   • Copart auctions a wide selection of repossessed cars. Repossessed cars require little or no work and are more often than not, in the same condition as a used vehicle. This sets them apart from Copart’s salvage vehicles. A repossessed vehicle is usually the result of missed finance payments and the vehicle being seized.;

   Buying a Repossession at Auction | Car Auctions | Copart UK

   www.copart.co.uk/content/uk/en/landing-page/buying-a-repossession-at-auction

   See all results for this question

   What happens if a repossessed car goes to auction?

   • When a repossessed car goes to auction, it’ll be assigned a value, which becomes its reserve price. If the reserve price isn’t met, it may not be sold successfully the first time. On the other hand, sometimes finance companies will be happy to sell the repossessed car for lower than its reserve value.

   A guide to repossessed cars in online car auctions | Raw2k

   www.raw2k.co.uk/news/a-guide-to-repossessed-cars-in-online-car-auctions

   See all results for this question

   Where can I buy a repossessed car?

   • Unlike other repossessed car auctions, the vehicles available at Copart are unique to us, meaning you can’t buy them anywhere else. Our stock covers all types of makes, models and styles, from hatchbacks and saloons to vans and estates — there really is something for every buyer.

   Repossessed Car Auctions - Copart UK

   www.copart.co.uk/content/uk/en/landingpage/repossessed-car-auctions-uk

   See all results for this question

   Should you buy a repossessed car in the UK?

   • Buying a repossessed car in the UK gets you a vehicle for a fraction of the price you would have to pay on a forecourt. If you are a trade buyer looking to make a profit on a great-value repossessed vehicle at auction, at ASM Auto Recycling it’s possible to find a bargain from the comfort of your office or living room.

   Online Repossessed Car Auctions (UK) - ASM Auto Recycling

   www.asm-autos.co.uk/online-salvage-auction/repossessed-cars-sale/

   See all results for this question

   What happens when a finance company repossessed a vehicle?

   • When a finance company has repossessed a vehicle it will head straight to auction. The turnaround is rapid so that finance companies can recoup as much as possible from the credit agreement default. Vehicles can only be sold through specialist auctions and sold to trade customers only.

   Buying a Repossession at Auction | Car Auctions | Copart UK

   www.copart.co.uk/content/uk/en/landing-page/buying-a-repossession-at-auction

   See all results for this question

   What happens if you sell a repossessed car without finance?

   • This means that there are no outstanding payments required on the vehicle. Unfortunately, many vehicle owners attempt to sell a vehicle that’s not yet free of finance, meaning the vehicle is still technically owned by the finance company. How do I check for any finance left on a repossessed car?

   Online Repossessed Car Auctions (UK) - ASM Auto Recycling

   www.asm-autos.co.uk/online-salvage-auction/repossessed-cars-sale/

   See all results for this question

2. www.copart.co.uk › repossessed-car-auctions-ukRepossessed Car Auctions - Copart UK

   www.copart.co.uk › repossessed-car-auctions-uk

   • Cached

   A repossessed car is a name given to a car that’s been originally bought on finance — whether it’s hire purchase (HP) or a personal contract purchase (PCP) — and has been taken from the buyer because they have failed to stick to the terms of the contract or failed to make repayments.

3. www.autoexpress.co.uk › buying-car › 98642Repossessed cars: what are they and should you buy one?

   www.autoexpress.co.uk › buying-car › 98642

   • Cached

   May 2, 2024 · Repo cars can be sold at specialist auctions that are only open to trade customers or registered car dealers, with no direct ways for members of the public to buy a repo car.

4. Videos

   • 

     3:32

     youtube.com

     Looking for REPOSSESSED CARS to buy or bid in a Bank Auction

     20 Sep 2022

     23.4K views

   • 

     3:23

     youtube.com

     Bidding a REPOSSESSED CAR in EastWest Bank

     10 Mar 2023

     10.4K views

   • 

     7:09

     youtube.com

     Should You Buy a REPO Car? What Happens to Repo Cars

     13 Jul 2022

     46.9K views

   View all

5. www.copart.co.uk › content › ukBuying a Repossession at Auction | Car Auctions | Copart UK

   www.copart.co.uk › content › uk

   • Cached

   A repossessed vehicle is usually the result of missed finance payments and the vehicle being seized.; Copart’s collection of repossessed vehicles ranges from Audis, Toyotas, Vauxhaulls, and many more. They often carry a starting bid price of £0 making them great value for money.

   • 
   • 
   • 
   • 

6. www.raw2k.co.uk › news › a-guide-to-repossessed-carsA guide to repossessed cars in online car auctions | Raw2k

   www.raw2k.co.uk › news › a-guide-to-repossessed-cars

   • Cached

   Sep 10, 2024 · Here, we cover some of your most pressing questions about repossessed cars in online car auctions. What is a repossessed car? A repossessed car is one that has originally been bought on finance, such as a hire purchase or personal contract purchase.

7. www.carbuyer.co.uk › tips-and-advice › 155726Repossessed cars: what are repo cars? - Carbuyer

   www.carbuyer.co.uk › tips-and-advice › 155726

   • Cached

   Mar 24, 2020 · A repossessed car will usually end up going to auction, but won’t be released for sale until the finance company has no financial interest in it other than recouping the car’s value as an...

8. www.asm-autos.co.uk › repossessed-cars-saleOnline Repossessed Car Auctions (UK) - ASM Auto Recycling

   www.asm-autos.co.uk › repossessed-cars-sale

   • Cached

   We offer 24/7 bidding for online salvage auctions featuring many repossessed cars for sale across the UK. With over 2,500 roadworthy or repairable cars for you to choose from, you’re bound to find the perfect car for you.

9. moneynerd.co.uk › car-repossessionCar Repossession in the UK – Complete Guide - MoneyNerd

   moneynerd.co.uk › car-repossession

   • Cached

   May 23, 2024 · What happens to the debt when a car is repossessed? If your finance car is repossessed, it will be sold at a car repossession auction. The money generated for vehicles at these auctions is typically below the market value.