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Finance Car Repossession Websites
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Does anyone know of any websites that sell on Finance Repossessed Cars ? High end Cars in particular... Thanks
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I used to work as a 'trade plater' and I've collected many repossessed cars from people who've defaulted on their finance payments. It's not financially viable for the finance companies to run their own sales operations (either physically or online), so all such vehicles are sent directly to auction.
If you manage to find a website which says that it specialises in selling repossessed vehicles, those cars will already have been purchased at auction. So it makes far more sense to cut out the middle-man and buy directly from the auctioneers. The vast majority of repossessed cars are sold through Manheim:
http://www.manheim.co.uk/homepage/
Chris
If you manage to find a website which says that it specialises in selling repossessed vehicles, those cars will already have been purchased at auction. So it makes far more sense to cut out the middle-man and buy directly from the auctioneers. The vast majority of repossessed cars are sold through Manheim:
http://www.manheim.co.uk/homepage/
Chris
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