Auto Leasing Guide
Go to LeaseGuide.com now !

Repo Car Auctions Kansas City MO

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 Auctions
(877) 550-1262
2663 88th
Kansas City, KS
 
Kansas City Auto Auction
(816) 452-4084
3901 N Skiles Ave
Kansas City, MO
 
Copart Kansas City Salvage Pool
(913) 287-6200
6211 Kansas Ave
Kansas City, KS
 
Regency
(816) 474-9000
711 E Truman Rd
Kansas City, MO

Data Provided by:
Hertz Local Edition
(816) 474-4970
1. E. Pershing Rd.
Kansas City, MO
 
Northeast Auto Auction Llc
(816) 241-1172
6200 Independence Ave
Kansas City, MO
 
Royal Auto Auction
(816) 461-2525
8912 E Us Highway 40
Kansas City, MO
 
Blue Ridge Mazda
(816) 358-6500
6824 Blue Ridge Boulevard
Raytown, MO
Services
Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers

Bailey Car Co
(816) 421-7200
815 E Truman Rd
Kansas City, MO

Data Provided by:
Ford Motor Company
(816) 472-6500
1201 NW Briarcliff Parkway
Kansas City, MO
 
Data Provided by:

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...

Click here to read the rest of this article from Lease Guide

Local Events

Pink Cruise for Breast Cancer Research
Dates: 10/11/2014 – 10/11/2014
Location:
Bass Pro Shops Olathe
View Details

MCGKC Cruise Night
Dates: 8/9/2014 – 8/9/2014
Location:
Bates City BBQ of Shawnee Shawnee
View Details

MCGKC Cruise Night
Dates: 9/13/2014 – 9/13/2014
Location:
Bates City BBQ of Shawnee Shawnee
View Details

BOD Meeting
Dates: 8/13/2014 – 8/13/2014
Location:
Old Shawnee Pizza & Italian Kitchen Shawnee
View Details

BOD Meeting
Dates: 9/17/2014 – 9/17/2014
Location:
Old Shawnee Pizza & Italian Kitchen Shawnee
View Details