Used Rv's For Sale at 'Repo' Auctions

What are 'Repo' auctions?

'Repo' auctions or repossessed auctions are held regularly throughout the country and are organized by financial companies. These associates have repossessed vehicles and goods regularly due to foreclosure or non-payment. They are paying for the storehouse of the vehicles and are only concerned in cutting their losses and getting rid of the vehicles as speedily as possible. For this reckon they put them up for auction with no reserve prices and certainly low starting bids.

Campers Sale

How often do they happen?

These will happen once or twice a year but as they are held in many places you can nearly always find one happening close to most weeks.

Where can I find them?

The auctions are not regularly publicized and as such are regularly quite difficult to locate. They are attended mostly by members of the trade, dealers and the like but they are open to the public. There are a integrate of websites that provide lists of all the police or seized auctions along with the vehicles ready at each - see the link at the end of this article.

How do you view the vehicles?

There is regularly a time set aside for the viewing of the vehicles before the bidding starts. In some cases a list is produced well before hand and a whole day or two is allocated for viewing.

Can you test drive them?

This is regularly not allowed but you are permitted to start the engines and observe as much as you need to.

Are they certainly that good a deal?

If a good end price is your objective then yes. You don't have the security, guarantees or financial payment schemes that a dealership will offer but it is often quite feasible to walk away with a luxury motorhome for as petite as 10% of the book price.

Used Rv's For Sale at 'Repo' Auctions