Are you a "Repo Car Finder"? Search RepoFinder's website for FREE and Find Out

Have you heard of people getting great deals on repossessed cars but don't know where to start?  Hopefully I can give you some tips and turn you into a bona fide "Repo Car Finder".  Banks and Credit Unions across America on occasion have no choice but to repossess vehicles they have a lien against.

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Every financial institution handles these orphaned vehicles differently.  Some of them get turned over to local car dealers, some of them get trucked off to "Dealer Only" auctions, and many also are sold directly by Banks and Credit Unions to people like you and me.

Knowing that there are thousands of Credit Union repos out there looking for "Repo Finders" to buy them, the question is where can you find them.  Several companies have popped up to sell consumers a list of public auctions for about $50.  These lists may be useful to some; but you have to pay $50 for the list, generally a fee to enter the auction, and anything you buy has a commission built in to the price for the auctioneer.  Aside from this, you still have to arrange your own financing and be ready to buy onsite.  Failure to have a loan in place may cost you additionally.

Contrast that option with RepoFinder.com.  RepoFinder.com is a new concept in shopping for a Credit Union Repossession.  It is a very simple to use directory that lists links to Credit Union repo postings in your area.  When you visit www.RepoFinder.com you will see a map of the United States.  Simply click on your State and scroll down to a list of Credit Unions in your area.  As you click on these Credit Unions your web browser will be directed to the Credit Union's website that shows you exactly what they are selling.  Don't see something you like?  You can click on the other Credit Unions until you find something that suits your needs.  Once you find something you like you can visit the Credit Union and see the vehicle in person.  If everything looks good make an offer.

Credit Unions are not Car Dealers.  They don't want to keep these cars on their books.  This is why they can offer them so much lower than a Dealer can.  They don't charge additional fees, and there is no commission built into the price either.  Credit Unions pride themselves in gaining your trust.  They will make sure you get a good deal.  Couple that with in-house financing and you can get a good deal on both a car and a loan.Buying from a Credit Union has other fringe benefits.  If they don't want to budge on price, ask for special financing terms.  Many of the Credit Unions already offer interest rates as low as 0% (O.A.C.).  Typically repossessed cars don't come with any warranty above and beyond what the manufacturer offers.  These vehicles are sold as-is.  If you do your homework, you can make sure you're buying a quality vehicle.

Do you think you're ready yet?  Feel free to search www.RepoFinder.com often.  Inventory can change at any time.  Before long you'll be a bona fide "Repo Car Finder"!

STOP! Don’t pay for a "Repo Car Auction" List!

-Where can you buy Bank and Credit Union repos?

The auto industry has no shortage of marketers trying to lead you to the next great deal. Promises of buying exotic cars for $500 and getting exclusive access to repossession auction lists are everywhere. In truth, almost none of these promises have any substance whatsoever. If it sounds too good to be true, it usually is. What these sites are offering for about $50 is a list of auctions in your area. They aren't showing you exotic $500 cars, and they certainly aren't guaranteeing any results. Selling this dream may have worked in the past, but this isn't the 1990's anymore, and the repossessed car industry has long since evolved.

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Are you a "Repo Car Finder"? Search RepoFinder's website for FREE and Find Out

-The deals are all around you if you know where to look.

It's now 2010, and buyers have a smarter way to shop for repossessed vehicles. By definition, a "Bank Repo" or "Credit Union Repo", is a vehicle that has been repossessed by a financial institution. Banks and Credit Unions have realized that they can sell these "Bank Owned" vehicles DIRECTLY to the public themselves, avoiding the need to pay an Auctioneer or Car Dealer commission. Consumers can literally contact financial institutions directly to buy vehicles. By not charging a commission, Banks act as a "Private Party" seller, but they also have the inventory and financing ability of a Car Dealership. In the end you get the best of both worlds.

In lieu of our current economy, Banks and Credit Unions across America have been bombarded with repossessed vehicles. There has never been a better time to find a repo car. The only hard part is finding out what repossessed inventory is on the market. Buyers have a useful tool in this search. A website calledRepoFinder.com offers a 100% free list of Credit Unions and Banks Nationwide that sell to the public.RepoFinder does not sell the vehicles, but instead shows you who does. Car buyers can locate repossessions by clicking on their State and viewing the list of links to financial institutions who are selling to the public. Simply find the car you want, contact the Bank directly, then see if you can make a deal. There simply is no better way to buy a repossession then to buy one from the Bank yourself.-How do I start looking for a "Bank Owned" car?

Tips on Buying Credit Union or Bank Repos Directly without Dealers, Commissions, or Fees

When shopping for a car, buyers have a lot of options. Buyers can visit local Dealers and view new and used inventory. They can look online and see auto auction sales websites. One of the places many people forget to look is their local Banks or Credit Unions.

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Buying from a Bank of Credit Union has many advantages. First you don't have to pay a commission or fee. Essentially you are buying from a "private party". Eliminating the commission gives you the peace of mind that you are getting a wholesale price. There is also no pressure. Banks and Credit Unions are not in the car business. They are able to sell them for a lot less. All of their vehicles are usually "priced to sell quick". An added benefit is that Banks and Credit Unions can finance your new purchase onsite. Many of these financial institutions will provide special financing terms to help the cars sell.

Basically RepoFinder is a collection of links to your local Banks and Credit Unions websites where they feature their inventory. It is very simple to use. Just click on your State and a list of financial institutions will be displayed. Click on the links and you will be directed to the website that they list their repossessions. It may take some leg work to search listings, but if you are serious about getting a good deal RepoFinder cannot be beat.The only downside to buying from Banks and Credit Unions is finding your local inventory. Many of them don't even sell repossessions to the public and it would take too long to call each one to ask about current inventory. Fortunately for deal seekers, there is a free list of the Banks and Credit Unions that do sell to the public located at RepoFinder.com.

In the end you still need to do your due diligence and compare prices. Not every car will be right for you. Feel free to offer lower than the asking price. A lot of times you might just get it.

Credit Union / Bank Repo Car, Truck, RV, Boat, ATV, News.

                RepoFinder.com - America's FREE List of Bank and Credit Union Repossession Sales

RepoFinder.com / Features Colorado State Bank & Credit Union Repossessions for Sale

RepoFinder.com features a FREE Nationwide list of Bank and Credit Union Repossessions.

Here is a list of trusted financial institutions who sell repossessions to the public. 

You can browse their inventory by visiting their listing at RepoFinder.com.

AURORA CATHOLIC FEDERAL CREDIT UNION

BCS COMMUNITY CREDIT UNION

MEMBERS FEDERAL CREDIT UNION

COLORADO CREDIT UNION

COLORAMO FEDERAL CREDIT UNION

COMMUNITY FINANCIAL CREDIT UNION

CREDIT UNION OF THE ROCKIES

DENVER COMMUNITY CREDIT UNION

DENVER FIRE DEPARTMENT FEDERAL CREDIT UNION

ENT FEDERAL CREDIT UNION

HOLYOKE COMMUNIY FEDERAL CREDIT UNION

LONGS PEAK CREDIT UNION

SECURITY SERVICE FEDERAL CREDIT UNION

NORBEL CREDIT UNION

NORTHWEST UNITED FEDERAL CREDIT UNION

PIKES PEAK CREDIT UNION

POWER CREDIT UNION

SAGUACHE COUNTY CREDIT UNION

WHITE CROWN FEDERAL CREDIT UNION

PUBLIC SERVICE CREDIT UNION

AIR ACADEMY FEDERAL CREDIT UNION

GRAND VALLEY BANK

TCF BANK (Real Estate)

PARK STATE BANK AND TRUST (Real Estate)

NORTH VALLEY BANK

ADAMS BANK & TRUST (Real Estate)

TCF FINANCIAL (Real Estate)

LIBERTY SAVINGS BANK (Real Estate)

WESTERN ROCKIES FEDERAL CREDIT UNION 

RepoFinder.com - America's FREE Source for Bank and Credit Union Repossession Sales