Is it vaiable to buy seized car through bank What are the

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Is it vaiable to buy seized car through bank, What are the pros and cons.
  • 4163 day(s) ago by ARIF
Under:   #Cars
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Answers submitted by Users

Buying seized vehicle has the advantage of lower price generally.But in many cases its value will depend upon loan amount left on the vehicle and also according to the estimate by the Banks.Availability is limited, also condition of vehicle cannot be gaurentied provided test drive and general check up is allowed , the decision depends uponthe Bank authority.
Overall it will be worth buying such vehicle and you have to ensure transperency of deal includning clearence of loan and mainly the reason why the vehicle is seized, also check if there is any legal case going on between Bank and owner.There are instances of unfair deal also.

Posted: 4161 day(s) ago

i need seized yellow board cars

Posted: 1844 day(s) ago

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