The Repossessed Car Buyer's Guide

Step 1: Find the right auctions

Start on your state page in this directory to see the repo channels available near you, then confirm each auction's schedule and whether it's open to the public.

Step 2: Do your homework before you bid

Research the market value of the models you're targeting so you know a good price when you see one. Bring the VIN to check history where possible.

Step 3: Inspect in person

Attend the preview. Repossessed vehicles are sold as-is and may have deferred maintenance or missing keys. A quick inspection can save you from an expensive surprise.

Step 4: Set a hard maximum

Add fees, taxes, and expected repairs to your target bid, then set a ceiling — and stick to it. Auction momentum is designed to push you past your budget.

Step 5: Close and take title

Pay by the deadline, complete title transfer, and arrange transport. Keep every receipt for your records and future resale.

Find repo auctions in your state →