Sometimes your bank or credit union will allow you to look at their repo file, which lists all the cars and trucks they have repossessed and would like to sell. Often the lender just wants to recoup their losses, so you can get very good deals this way. Sometimes you can even get financing for the car directly from the lender that owns it.

1) When buying a new car, the value of the car falls as soon as you drive it off the showroom floor. With repossessed cars, that value has already taken the plunge and it loses value more slowly.2) Depending on the brand, you save a lot of money on a repossessed car. Some brands lose value faster than other brands.3) When buying a relatively new re

 Step 1: Keep an eye on listings in local papers Often police auctions will advertise upcoming dates along with a listing of items and vehicles for sale. Step 2: Look online. Step 3: Discover the terms of the sale. Step 4: Examine auction listings.