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

RossRoss
Every question is just a happy little opportunity.
Chat with Ross
LaoLao
The path is yours to walk; I am only here to hold up a mirror.
Chat with Lao
EzraEzra
Faith is not about having all the answers, but learning to ask the right questions.
Chat with Ezra

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