How to Get an Affordable Repossessed Car

Repossessed cars offer a unique opportunity for buyers to purchase a vehicle at a significantly reduced price. These cars are taken back by banks or creditors when the original owners cannot continue making payments. Here’s how to find and buy an affordable repossessed car.

Understanding Repossessed Cars

Repossessed cars can come from a variety of sources, including banks, credit unions, and auction houses. They are generally sold at lower prices because the lender is looking to recover the outstanding loan balance quickly, rather than making a profit.

How to Find Repossessed Cars

  • Check with Local Banks and Credit Unions: Often, they list repossessed vehicles on their websites.
  • Attend Car Auctions: Both online and physical auctions can be good sources.
  • Contact Repo Companies: Companies that specialize in repossessions might also offer sales.
  • Search Government Listings: Government agencies sometimes auction off seized or fleet vehicles.
  • Explore Online Marketplaces: Websites like eBay Motors often list repossessed cars.

Table of Affordable Repossessed Cars

Here’s a look at ten different repossessed cars, their price ranges, and features:

Car Model Price Range Features
2018 Honda Civic $10,000 – $12,000 Low mileage, minor cosmetic damage
2017 Toyota Camry $8,000 – $10,000 Well-maintained, higher mileage
2019 Ford Focus $9,000 – $11,000 Recent model, with navigation system
2016 Chevrolet Malibu $7,000 – $9,000 Good condition, economic fuel usage
2020 Hyundai Elantra $12,000 – $14,000 Almost new, under warranty
2015 BMW 3 Series $13,000 – $15,000 Luxury car, minor mechanical issues
2017 Nissan Sentra $6,000 – $8,000 Compact, efficient, some wear and tear
2018 Mazda CX-5 $15,000 – $17,000 SUV, good family car, low mileage
2016 Kia Optima $8,000 – $10,000 Mid-size sedan, well equipped
2014 Dodge Charger $9,000 – $11,000 High performance, aesthetic modifications

Repo Car Lots in the UAE

Here are ten repo car lots in the UAE and examples of the specific prices you might expect to find:

Repo Car Lot Location Example of Car & Price
Emirates Auction Dubai 2018 Toyota Corolla – AED 26,000
Al Futtaim Automall Abu Dhabi 2016 Ford Escape – AED 30,000
Dubai Cars Dubai 2017 Honda Accord – AED 28,000
RepoCars Sharjah 2015 BMW X5 – AED 60,000
UDrive Automobile Abu Dhabi 2019 Nissan Altima – AED 45,000
Quick Sell Autos Dubai 2020 Hyundai Sonata – AED 47,000
CarSwitch Dubai 2018 Chevrolet Impala – AED 50,000
AutoMarket Sharjah 2016 Volkswagen Jetta – AED 25,000
Sun City Motors Dubai 2019 Mazda 6 – AED 55,000
Al Qalam Motors Dubai 2017 Audi A6 – AED 70,000

FAQs About Buying Repossessed Cars

Q: Are repossessed cars a good buy? A: Yes, they can be a great deal if you do your homework and inspect the vehicle thoroughly before purchase.

Q: What should I check before buying a repo car? A: Always check the car’s history, inspect the car physically, and if possible, get a mechanic to do a full inspection.

Q: Can I finance a repossessed car? A: Yes, some lots do offer financing options, but it’s often easier to secure a loan independently from a bank.

Reliable Sources for Further Reading

To learn more about repossessed cars and to stay updated with the latest auctions and available vehicles, visit these websites:


These sources are renowned for their comprehensive listings and provide detailed information on how to participate in car auctions in the UAE.