Can you get a car with a repo?
The economic situation in Germany has meant that many people are finding it difficult to buy or lease a car. That’s why they are looking for alternatives such as a so-called “repo”, also known as “repossession”. This is a vehicle that has been repossessed by the bank or lender because the borrower has not made the payments.
But how does it actually work? Can you really get a car with a repo? There are some things to consider before going for this option. For example, one must be willing to buy a vehicle that may be a few years old and have some miles on the clock. Also, it can be difficult to get information about the condition of the car, as it may no longer be listed in the original sale ad.