RVFS lists real bank-owned new and used vehicle repossessions and lease return vehicles directly from the lender or legal owner for WHOLESALE value offers. All listed vehicles are FRONT LINE READY with a Car Fax, an 89 Point Inspection, Full Detailing; GUARANTEED!
Buyers submit wholesale offers through RVFS and offer(s) get sent directly to the bank to be accepted or declined. Lenders will respond within 24 hrs only IF the offer(s) is accepted. Lenders will NOT counter offer; buyers can submit as many offers until an offer is accepted by the owning bank. RVFS is only interested in SERIOUS buyers and offers!
We only deal with banks, brokers and leasing companies who represent lenders that are willing to sell their used vehicle inventory for at or close to wholesale value and move on. With over 40 years in the auto and floor plan industry, we offer both lenders and buyers a win-win. Vehicles listed sell for close to or at WHOLESALE values!
Creative financing is a large portion of any successful sedan, truck, SUV, RV, and boat sales business. We have access to over one hundred lenders made up of banks, credit unions and finance companies. Low or wholesale priced vehicles are easy to finance by lenders but the same financing guidelines apply as they would for a non-repo vehicle
Most of the vehicles found on RVFS have already been offered for sale at dealer auto auctions. Banks, credit unions, and leasing companies have many reasons why they pull a unit from these auctions. At an auction, the vehicle is out of the control of the lender and the vehicle can get damaged, vandalized or they just don't attract the attention of wholesalers while being run through the auction at that time. Our sales platform allows banks to market their vehicles to a wider audience of automobile professionals, dealers, wholesalers, rental car companies, re-sellers and savvy consumers.
There is an increasing trend of small dealers who have started buying directly from the lender or bank via wholesale platforms like RepoVehiclesForSale.com. Our platform gives buyers more time to test drive and inspect the vehicle after their offer(s) have been accepted by the lender. Before closing of the sale with the legal owner or lender, buyers can inspect the vehicle(s). All vehicles are front line ready and will pass dealers' service department checks.