How Does It Work?
All assets have been legally repossessed under the Personal Property Security Act, R.S.O. 1990, c. P.10 and are being sold to the highest bidder by RepoLot on behalf of major Canadian banks. The assets are all sold in "as-is" condition. The only warranty available is the manufacturer standard warranty, if still available (extended warranties are not provided). The vehicle is sold completely free of all liens and with clear ownership. In addition to your bid you will have to pay HST, Buyer Fee ($395) and Licensing Fee ($125). RepoLot is a national liquidator of repossessed assets on behalf of major financial institutions, operating from 18 locations across Canada. In an open and transparent process, the Public can now buy where the Dealers buy. Bank repossessions are once again available to the Public for bidding. Tens of thousands of repossessed vehicles are resold across Canada annually - don't miss out on your chance to own a repossessed asset at a tremendous value! New units arriving daily. RepoLot Toronto location is servicing all of Ontario, including Toronto, Mississauga, Oakville, Vaughan, London, Windsor, Kingston, Hamilton, Brampton, Cambridge, Burlington, Niagara, Aurora, Ottawa, Oshawa, Ajax, Guelph and Barrie.