answersLogoWhite

0

If a bank repossesses someone's vehicle they will often sell it. Smaller banks or credit unions usually put the cars up for sale on their own lots using "For Sale" signs. Majority of the bigger banks or credit unions hand over the cars to a professional auto auction company.

User Avatar

Wiki User

11y ago

Still curious? Ask our experts.

Chat with our AI personalities

EzraEzra
Faith is not about having all the answers, but learning to ask the right questions.
Chat with Ezra
JordanJordan
Looking for a career mentor? I've seen my fair share of shake-ups.
Chat with Jordan
DevinDevin
I've poured enough drinks to know that people don't always want advice—they just want to talk.
Chat with Devin

Add your answer:

Earn +20 pts
Q: If a bank reposesses someone's vehicle where do they sell the repo cars?
Write your answer...
Submit
Still have questions?
magnify glass
imp