Home arrow Audi News Groups arrow Car bids start as low as 90% off the book value
Car bids start as low as 90% off the book value Print E-mail
Friday, 23 February 2007
Every day thousands of Americans default on their car loans or lease
payments... as a result, their new or almost new cars get repossessed
by the financial institutions and auctioned off in a hurry, because
the cost of storing the cars outweighs the banks' ability to try to
make the lost money back (same with police auctions, etc.).
more from Audiportal Below..
 
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