FAQ:
What is RepoFinder?
RepoFinder is a nationwide directory of banks, credit unions, and auctions that sell discounted vehicles DIRECTLY to the public.
How does RepoFinder work?
RepoFinder links buyers directly to banks who sell repossessions. You can use the map feature to locate a list of local banks and credit unions. Clicking on the bank name takes you directly to the bank’s website where they sell repos. Pro members can also search from the Featured Repo List.
Do I need a dealer license to buy repossessions:
No. These repossessions are sold directly to the public. Each bank, credit union, or auction will have a different format for selling repossessions that will be described on their individual repo websites.
Will the bank offer financing:
Yes. Not only will the banks offer financing but some banks will offer better interest rates on loans to help sell their repossessions. Generally, the bank will also assist you with the bill of sale, title documents, loan paperwork, etc.
What kind of repossessions do the bank’s sell?
Repossessed vehicles like cars, trucks, RV’s, motorcycles, boats, etc. are the most common. Many also sell bank owned real estate. RepoFinder has labeled some of the links to help you search.
Can I search for a specific vehicle by make or model?
Unfortunately banks don’t have a uniform system for listing their repossessions. Some banks with a large volume of repossessions for sale will have that ability on their website. At this time there isn’t a way to search multiple banks for a specific vehicle by make or model.
What if don’t see any repossessions for sale?
Some larger banks may sell a lot of repossessions each month, and smaller banks may only sell a few repossessions a year. When a bank has nothing for sale they may deactivate the link temporarily. Keep checking back as bank repossessions sell fast, and inventory changes frequently. We don’t track when repossessions are sold. Buyers need to verify availability with the bank selling the item.
Where are you located?
RepoFinder is proudly based in the U.S.A.
What if I want to cancel?
RepoFinder Pro is a subscription service. It’s billed month-to-month until you cancel. We do not issue refunds.
To cancel your account send us an email here: [email protected]
Please include your username and/or the email address you signed up with. We’ll send you an email to confirm your cancellation within 48 hours. Thanks!
What if I can’t sign in?
Once you sign up you’ll receive an email to confirm your account. If you don’t see it, make sure that you’re checking the same email account you signed up with. Be sure to check your spam and junk folders too. If you still don’t see it, send us an email here: [email protected] and we’ll send you a registration link.