Can you save money by purchasing a repossessed car?

Purchasing a repossessec car

Jo, the odds are NOT good unless you are or have access to a mechanic. BUT, you may have bought a repo before. It depends on where and how you buy it. Most MAJOR lenders run their repos thru the auction and sell them to dealers. You dont save any money there.

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First answer by JoAnn. Last edit by roosta. Question popularity: 230 [recommend question]

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