Daily, many people fail to pay their car loans or leases and, as a result, their vehicles become repossessed cars. Since financial institutions want to recoup at least a portion of their money and avoid storage fees for their car repossessed, they sell these vehicles at used car auctions and online car auctions. While many auto auctions are available to the open public, the best deals offered by banks, credit unions and lease companies happen behind closed doors where only dealers are allowed and entire fleets are sold in a single bid. We’re proud to be one of this licensed dealers allowed in such auctions.
Bargain vehicles being auctioned for various reasons including finance company repossessions. Seized goods, worth millions of euros, are auctioned every year at auctions and government auctions. Most people don’t know where or when these auctions are taking place. However, the amount of stuff that gets sold at these auctions is amazing. And it’s cheap!
Repossessions unfortunately occur when vehicle owners fail to keep up with their repayments on car loans and hire purchase and personal contract agreements.
You now have a chance to purchase one of these cheap cars for sale. When it comes to our Buy it Now feature, it has made purchasing that used car you have dreamed of, a lot easier and without all of the hassle seen in the past. It means that you will be able to buy used cars at a fixed price. AutoBorsik has made buying your perfect car that much easier and faster with a wide variety of cars to choose from and new stock coming in regularly.
AutoBorsik has a one click to buy cars, so you won’t have to worry about having to beat someone else to the same car. Just select–Buy it Now–Take it home.
We source our vehicles from several industries such as:
- Insurance companies
- Banks
- Finance companies
- Fleet operators
- Dealers
- Car dealerships