Zoom in and Get a Great Deal on Your Next Vehicle with RepoZoom
If you are in the market for a great vehicle in the state of Arkansas and you want to save money on a quality car or truck, RepoZoom was designed specifically for people just like you. This website offers you the convenience of shopping from your own home, eliminating the need to travel from dealership to dealership in a hunt to find the perfect car or truck.
RepoZoom has one of the largest selections of Arkansas used cars you will ever find in one place. By browsing the expansive inventory for free you easily find a vehicle that is priced well below the market value, making the potential for saving thousands of dollars very real. Once you have found a vehicle you would like to bid on, you can begin placing your bids by purchasing a Bidders Pass at just $9.95 which gives you an unlimited number of bids on as many vehicles you would like – plus the pass is good for an entire year!
If you have never used an auction site before, you have nothing to concern yourself with as the process is simple and easy to understand. The current automobile owners will provide a starting bid price which allows you to place a bid that must be above that starting price. When the auction ends, the bidder with the highest bid placed will be able to purchase the vehicle at the ending bid price.
The used cars in Arkansas being sold on the site are repossessed vehicles which are owned by lending institutions. When a vehicle is taken from its owner due to non-payment of an auto loan, these institutions have no use for the autos. Therefore, they are very eager to sell them in order clear their storage lots so that more cars can be stored until they are sold at a later date.
Car repossession auctions are becoming more and more popular as consumers are realizing the tremendous savings this type of sale offers. RepoZoom not only features cars and trucks for sale, but also SUVs, vans, watercraft, RVs and campers. Under law, the previous vehicle owner is given a specific timeline in which to redeem their vehicle. The auctions on RepoZoom are timed so that they end after this period of time has passed, ensuring that the winner is able to make the purchase. Car repo auctions are the same as other online auctions with one exception. If the previous owner does make good on his loan with the bank or if bankruptcy is filed, the auction can be removed from RepoZoom. While this happens on occasion, most usually the winning bidder will indeed be allowed to purchase the vehicle after the close of the auction. Special instructions will be sent to the winner and a $500 deposit is required. Once the vehicle is paid for via a wire transfer, it can be picked up within three days.
If you do not happen to find repossessed car for sale that you are interested in, you can look at the upcoming scheduled auctions to see if one of those is of interest to you. You are also able to save those auctions you wish to keep track of by simply registering on RepoZoom. Buying used cars in Arkansas simply could not get any easier nor more convenient. If you want a good quality used car that you can rely on, then by all means take advantage of this website as you can expect to save a considerable amount of money on your car of choice. Car dealers are notorious for jacking up the prices of the cars sitting on their lots as it is in their best interest to do so. But, these repossessed vehicles are assets that banks would rather not deal with at all, which means added savings to you.
This article is written by Cin Rupp
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