| -Where can you buy Bank and Credit Union repos? | | | | commission. Consumers can literally contact financial |
| The auto industry has no shortage of marketers trying | | | | institutions directly to buy vehicles. By not charging a |
| to lead you to the next great deal. Promises of buying | | | | commission, Banks act as a "Private Party" seller, but |
| exotic cars for $500 and getting exclusive access to | | | | they also have the inventory and financing ability of a |
| repossession auction lists are everywhere. In truth, | | | | Car Dealership. In the end you get the best of both |
| almost none of these promises have any substance | | | | worlds. |
| whatsoever. If it sounds too good to be true, it usually | | | | -How do I start looking for a "Bank Owned" car? |
| is. What these sites are offering for about $50 is a list | | | | In lieu of our current economy, Banks and Credit |
| of auctions in your area. They aren't showing you | | | | Unions across America have been bombarded with |
| exotic $500 cars, and they certainly aren't | | | | repossessed vehicles. There has never been a better |
| guaranteeing any results. Selling this dream may have | | | | time to find a repo car. The only hard part is finding out |
| worked in the past, but this isn't the 1990's anymore, | | | | what repossessed inventory is on the market. Buyers |
| and the repossessed car industry has long since | | | | have a useful tool in this search. A website called |
| evolved. | | | | offers a 100% free list of Credit Unions and Banks |
| -The deals are all around you if you know where to | | | | Nationwide that sell to the public. RepoFinder does not |
| look. | | | | sell the vehicles, but instead shows you who does. Car |
| It's now 2010, and buyers have a smarter way to shop | | | | buyers can locate repossessions by clicking on their |
| for repossessed vehicles. By definition, a "Bank Repo" | | | | State and viewing the list of links to financial institutions |
| or "Credit Union Repo", is a vehicle that has been | | | | who are selling to the public. Simply find the car you |
| repossessed by a financial institution. Banks and Credit | | | | want, contact the Bank directly, then see if you can |
| Unions have realized that they can sell these "Bank | | | | make a deal. There simply is no better way to buy a |
| Owned" vehicles DIRECTLY to the public themselves, | | | | repossession then to buy one from the Bank yourself. |
| avoiding the need to pay an Auctioneer or Car Dealer | | | | |