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Repo Car Auctions Enumclaw WA

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.

Insurance Auto Auction
(253) 735-2733
2 Auburn Way
Auburn, WA
Bowen Scarff Ford Covington
(253) 630-7500
27222 Covington Way Southeast
Kent, WA
Radiator Repair,Tune up Repair,Auto Dealers

Buick World
(360) 825-3787
21418 SE 436th Street
Enumclaw, WA

Data Provided by:
Enumclaw Auto Exchange
(360) 825-2200
427 Roosevelt Ave
Enumclaw, WA

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Elephant Car Wash
(253) 804-3498
PO Box 2009 Auburn
Seattle, WA
Whitey'S Auctioneers Inc
(253) 735-1068
401 3rd Ave SW
Pacific, WA
Chaplins North Bend Chevrolet
(425) 888-0781
106 Main Avenue North
North Bend, WA
Radiator Repair,Tune up Repair,Auto Dealers

Fugate Ford-Mercury-Mazda
(888) 873-4806
526 Roosevelt
Kenmore, WA
Bakko's Auto & Truck Sales
(360) 825-6000
22712 SE 436th St
Enumclaw, WA

Data Provided by:
Barron Auto Brokers
(425) 584-7502
24009 Se 241st St
Maple Valley, WA
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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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