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Repo Car Auctions Dallas GA

Repo car auctions are a great source of used vehicles at bargain prices, if you know what you're doing. Repossessed vehicles of all types are available at auction sites all over the country. Learn how it works.

Days Auto Auction
(770) 974-3838
3611 Cobb Pkwy
Acworth, GA
New Horizons Outdoors
(770) 949-9644
4429 Bankhead Highway
Douglasville, GA
RV and Camper Repair,Trailer Repair,Truck Parts,Auto Dealers,RV and Camper Dealers

Pugmire Isuzu
(770) 952-2261
1865 Cobb Parkway South
Marietta, GA
Auto Body Repair,Clutch Repair,Fuel Injection Repair,Radiator Repair,SUV Repair,Tune up Repair,Used Car Dealers,Auto Dealers

Hardy Auto Resales
(770) 445-8513
2948 Atlanta Hwy
Dallas, GA

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Carl Black Trailer Company
(770) 222-4111
3929 Jimmy Lee Smith Pkwy
Hiram, GA

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Red Top Auto Auction
(770) 382-1010
444 Joe Frank Harris Pkwy
Cartersville, GA
Pugmire Suzuki
(770) 952-1984
1925 Cobb Parkway South
Marietta, GA
SUV Repair,Used Car Dealers,Auto Dealers

Hardy Used Auto Superstore
(770) 445-9411
1249 Marietta Hwy
Dallas, GA

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Stan Auto Sales
(770) 505-4428
3660 Atlanta Hwy
Hiram, GA

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Car Store Kennesaw
(678) 355-0115
2657 Cobb Pkwy NW
Kennesaw, GA

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Repo Car Auctions

What is a repossessed (repo) car?

When a car owner fails to make on-time loan or lease payments, the bank or finance company will repossess the vehicle — take it back. Typically, the buyer will be given a chance to catch up on payments or be made a payoff offer to recover the vehicle. If the buyer does not or can not get the vehicle back, the bank or lending institution takes it over and will sell it to recover some or all of the loan balance.

Repossessed cars are not the same as seized cars, impound cars, or unclaimed cars typically sold by police or government agencies. Repossessed cars belong to banks, credit unions, and finance companies.

Some smaller banks or credit unions may display repo cars in their own parking lots, with "for sale" signs in the window. These cars can be easily spotted when driving by the bank.

Most banks and finance companies hand over repo cars to a professional auction company. When the auction company sells the car, the bank gets the money, less a commission. Auctions can be public, private, or dealer-only auctions. Repossessed car auctions are sometimes mistakenly called "car forcloseure auctions."

When a bank or loan company sells repossessed cars, it wants to recover enough money to pay off the existing loan balance, plus any expenses for towing and storage and the fees of the professional repo company who picked up the vehicle.

In tough economic times, repossessions become mo...

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