[amit_mechengg]

can we approach the bank directly? which branch of the bank do we need to approach for this?

[rm_arjuna]

Post Deleted by the Team-BHP Support : SMS / Slang is STRICTLY prohibited on this community. We would much appreciate your using full & proper english in posts, for the benefit of other forum users.

Please view our board rules carefully before proceeding any further.

[cooldude1988765]

@rm_anjuna: I would love to get contact details of your friend's business

[Ooomph]

Has anyone had any fruitful transactions with
http://auction.autojunction.in

[Sahil]

Lets keep this thread alive to post any bank defaulter deals that one gets. There are several cars that don't make it to autojunction.in and are offered only to bank customer's on a case to case basis.

[Ooomph]

Originally Posted by narayan

yes could be an issue. but u can always get sale letter from bank and get duplicate RC from RTO and get the sale notified there

hey, Any references in terms of an agent or buyer who has done this thing?

[anonymous]

I received the following sms just few mins ago.
Bank Repossessed Tata Indigo Marina Power Steering AC, CNG in EXCELLENT CONDITION
Model 2006-07 for only Rs. 99,000/-
LIMITED STOCK
Now question is, do banks send such sms or is this some dealer who got Repossessed vechicles from the bank and now trying to make some money?

[Sahil]

Bringing this thread back to life to consolidate info of the massive collection of exotics that are going to be auctioned by banks down south from Mr.W16's / Deccan Chronicles garage that's being liquidated due to defaults.

Do post any deals from banks/dealers here

[joshguy]

Hi All,

Is there any information on such vehicles ,where do we search for them ?

I am planning to change my swift and dont want to spend 10-12L on anew car/suv,looking for a low mileage SUV in the range of 6-8L ,any pointers will be appreciated

Thanks

[Jerrycan]

Originally Posted by joshguy

Hi All,

Is there any information on such vehicles ,where do we search for them ?

I am planning to change my swift and dont want to spend 10-12L on anew car/suv,looking for a low mileage SUV in the range of 6-8L ,any pointers will be appreciated

Thanks

There is a Yard belonging to ICICI bank for repossessed vehicles at Ambattur in Chennai. There are may agents who can help you get those vehicles. But, you might not get the Original RC.The Bank might help you get a Duplicate RC effecting transfer of Owner ship to your name

[poised2drive]

Sorry for being a Necromancer !!
Found out a Ford Fiesta titanium Diesel 2012 make for sale before SBH and talked to the field officer.
He said the price was 6.75 L [ which I thought to be reasonable]. The car seems to be in a good condition and interiors also look fine but since it was already evening, I couldn't check much. I wanted to have a look in the morning .
But back home, as per the bhp pricing, the car should be priced around 6.5 L and not more . So would it be worthy enough to check it ?
Anyone hearing me !?

[AdityaH]

Hi, I just turned 20, with the money earnt from freelancing and other odd jobs, I want to buy a small, reliable and easy to maintain car.

I came across a friend who got a Vento 2012 Petrol AT for Just 2L.

He told me it was through a bank repo source.

I dont know much about this.

Can someone please shed some light on the matter?

Thanks In Advance

Adi

[rayjaycleoful]

Originally Posted by AdityaH

Hi, I just turned 20, with the money earnt from freelancing and other odd jobs, I want to buy a small, reliable and easy to maintain car.

I came across a friend who got a Vento 2012 Petrol AT for Just 2L.

He told me it was through a bank repo source.

I dont know much about this.

Can someone please shed some light on the matter?

Thanks In Advance

Adi

Could your friend share more details?
That's the market price of said Vento in 2022.
I don't even think 10 year EMIs existed then/ banks care about repossession 10 years into a loan.