List of Where To Buy Repossessed Cars In South Africa 2024-2025
What is Repossessed Cars?
Repossessed cars are assets that a financial institution has taken back from a client who has failed to pay for it.
This financial institution can then decide to either keep the vehicles for compensation or sell the cars to recuperate costs and does this via means of bank repossessed auctions.
Where To Buy Repossessed Cars In South Africa?
Sandston Repo Cars
Address: 246 Beyers Naude Dr, Blackheath, Randburg, 2195
Hours: Open ⋅ Closes 5:30PM
Phone: 011 568 3473
Wes Bank Auction Centre
Address: 182 14th Rd, Noordwyk, Midrand, 1687
Hours: Closed ⋅ Opens 8AM Mon
Phone: 086 110 1363
Bank Repossessed Vehicles
Address: 121 rivonia Sandton jhb, Sandton, 2198
Phone: 065 958 7959
Shop at Car Auctions
Address: Regent Park, Smuts Ave, Somerset West, Regent Park, 7130
Phone: 076 260 8027
Used Cars For Africa
Address: Regent Park, Smuts Ave, Somerset West, Cape Town, 7130
Hours: Closes soon ⋅ 5PM ⋅ Opens 8AM Sat
Phone: 068 371 9390
Lisabank Repossession Warehouse Edenvale
Address: 9 Greenvale Rd, Rietfontein 63-Ir, Germiston, 1609
Hours: Open ⋅ Closes 6PM
Phone: 011 450 4066
How do I buy a repossessed car in South Africa?
Here is how to buy a repossessed car on auction in South Africa without getting a dud.
Check for warranties and motor plans.
Make sure you know what the car you’re planning to buy is worth.
When you view the vehicle, make sure you inspect it thoroughly – including checking its service record.
Get the vehicle’s VIN number.
Is it cheaper to buy repossessed cars?
One of the key factors that make a repossessed vehicle so attractive is its pricing.
These relatively new vehicles are priced much lower than what the car initially sells for, while the pricing ranges from bank to bank, expect it to be about 20 to 30 percent lower.