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Buying repossessed cars can be a great way to save money. Buyers can often purchase a vehicle at a cost lower than fair market value. However, buying repo cars can be tricky, especially if you are unfamiliar with the way the repossessed car trade works.

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A sale (and) repurchase agreement, also known as a (currency) repo, RP, or sale and repurchase agreement, is a transaction concluded on a deal date t D between two parties A and B:

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Where To Find Repo Cars For Sale: Everybody is looking for ways to save and invest the little cash earned at the end of the day . Purchasing a bank repossessed car is one sure way of saving money. Repo cars for sale come at very cheap prices, sometimes you can get one even at half the original price

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Repossessed Cars for Sale – Repo Car Auctions – Bank Repo Car Sales How and where to buy repo cars at bargain prices. What is a repo car? When a car owner fails to make on-time loan or lease payments, the bank or finance company will repossess the vehicle — take it back — "repo" it.

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