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Latest News [ 94 ]
- Chrysler to file for bankruptcy
- Secrets of the Modern Repo Man
- Boats take a hit during the recession
- Man charged with threatening repo man
- Repo Man Allegedly Demands Car, Assaults Family Member At Wrong House
- Business Booming For Repo Man – Vehicle Repossessions Up In Louisville
- Many Harley returns – Auction services, tent sales market repossessed bikes
- Used-car sales outperform new car sales
- NBFCs must detail vehicle repossession norms in loan pacts: RBI
- Former PAR President/COO Set to Launch New Remarketing Company
- Obama suggests recession easing
- Business is Booming for Manufacturers of Devices That Turn Your Car Off When You’re Behind On Your Loan
- Your car can get the boot from across town
- Suspect Arrested, Charged in Rosaryville Double Murder
- China driving global auto business
- Banks Reject U.S. Terms for Cutting Chrysler Debt
- Govt to launch old-for-new vehicle scrap scheme
- Repo, reserve repo rates slashed by 25 pbs: RBI
- Southmost Shooting Sends One Man to the Hospital
- Recession-Proof Small Businesses
- SCOTT STORCH – LIL’ KIM EMBROILED IN STORCH’S BENTLEY CASE
- Repo men accused of wild ride in Abington acquitted two years later
- Repo Men Find New Career, Old Clients Not Happy About Career Move
- No remittance, no ignition: Auto ‘electronic repo’ in action
- Chrysler Reveals Dire Circumstances in Memo to Canada Employees
- Possess that repossessed car
- Pay up – or your engine stops running!
- Luxury auto dealer defies slump with Rocklin showroom
- On Your Side: Dealership or Dating Service?
- Ford faces tax bill for unsold cars
- Couple accused of murder during repossession gets national attention
- Auto Dealers Have New Way To Fight Delinquent Payments
- Guy from Bold & Beautiful — Sued & Repossessed
- Customers lose cars, still pay after Nashville Dodge closes
- How to Avoid Losing Your Vehicle To The Repo Man
- Private lenders deny financing vehicles
- Fairus’s car taken back by Penang govt
- Vehicles At Vernon’s Clyde Chevrolet Buick Repossessed By GMAC Under Eye Of State Marshals: THE AUTO INDUSTRY [The Hartford Courant, Conn.]
- Government Repossessed Cars – Buy Cheap Used Cars at Government Seized Auto Auctions
- Abilene Police: Suspect threatens to run over victim
- GM preparing for possible bankruptcy: report
- Repo man wanted for murder of Augusta man
- Woman files suit in wake of repossession
- Hyundai goes after Hecker for $104 million
- No. 2 State Patrol official accused of unruly behavior
- Bargains help keep boat sales afloat
- Tow truck man
- Couple Threatened At Gunpoint For Repossessing Car
- Man pleads guilty to shooting at repo workers
- Frustrated Americans cheer Obama’s tough auto moves
- State of the Repo Art: The Jerr-Dan Element – Feature
- Morris County man sentenced to six months in prison for impersonating U.S. Secret Service agent
- For repo man, times are good
- Golden Gate man broke into tow yard, threw rocks at employee, authorities say
- Eugene auto repos are on the rise as economy tanks
- Private Planes Can Be Ultimate Status Symbol
- A bumper crop for repo man
- In 2 decades, repo owner has heard it all
- Airplane Repossessions Picking Up in a Down Economy
- Speaker’s Ferrari repossessed
- Used Car Dealerships Suffer
- Recession alters landscape for the repo man
- Court directs ICICI Bank to release confiscated car
- Repossessions a busy business
- Woman Drove Repo’ed Car Off Tow Truck
- Boat repo firms see business surge
- Repo Man at sea In Tough Times, Boat Repossessions On The Rise
- Repo man dangers during sick economy
- Rich boys’ toys to go in $2m auction
- Method Man truck gets repossessed
- 24,000 Consumers Avoid Auto Repossession and Get a Second Chance
- Man armed with shotgun steals vehicle being repossessed in Highland
- Triad Financial partners with Innovate Auto Solutions to market third-party loan servicing
- Vehicle repo leads to shots fired
- Repo men mistakenly attempt to repossess car with Macon children inside
- Repo rage: Car owner accused of wielding gun, taking truck
- Need for interest rate cut on auto finance: Srinivasan
- Artist’s Obama painted car to get repossessed in Tampa, Fla.
- Tow truck driver gunned down near UTSA dies
- GMAC Enlists CARL for Repossession Vendor Compliance Services from Recovery Compliance Solutions
- Booming Business For Car Repo Men
- Industry urges PM to ensure retail finance in auto sector
- Banks repossessing fewer houses, cars
- Woman hits man trying to repossess her car
- Sentencing delayed after man collapses in court
- Downturn Sees Rise in Repossessions of Yachts, Private Planes
- The Recession’s Gotten So Bad, Even the Repo Man’s Singing the Blues
- Fireside Bank to Cease Originations, Exit Auto Finance
- Kerry Katona’s repossessed cars put up for sale
- Recession Fuels Business Boom For Repo Men
- Towing company fights to expand into South End
- No end to car repossessions
- New firm to be first in Hungary to auction off repossessed vehicles
- Insurance scheme leads to arrest of two men
Columns and Features [ 2 ]
Other [ 1 ]
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from 2009/04. The content may be irrelevant today.
Government Repossessed Cars – Buy Cheap Used Cars at Government Seized Auto Auctions
You can find many claims over the internet of government repossessed cars being sold at 90% off its original price. You maybe wondering if all these claims are true or not, and whether there is a catch that these advertisements are not disclosing to unsuspecting consumers like you.
Well the truth is, government repossessed cars are truly being sold at a greatly reduced price. However, you must understand that all these cars are second hand or used cars and their value has depreciated since the day it left the showroom, thus the low pricing.
Another reason why the prices are low at these government seized auto auctions is that it cost money to maintain and store these cars. And there are always many cars seized and repossessed by the government. To make room for more, cars have to be attractively priced and thus often sold at 90% off the current market value.
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