How can the seller offer a repossessed car for such a cheap price Ex: starting at 100?

Cars & Vehicles
Auto Insurance
Repossession

Because the original loanee is required by the loan agreement to make up the difference between the loan amount and what the car auctions for.So the seller doesn't care what it sells for.For example you have a loan for $15,000.00 your car gets repoed.They auction it for $2000.00 you owe the balance of $13,000.00. Hope this helps.

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