Ex-finance repossessions

Why repossessed cars sell below retail

When a finance agreement ends early, the lender takes the car back. It needs to sell the car to recover what is owed, not to make a retail profit. We buy these cars outright and sell them ourselves. The price on the listing is set by bidding.

What it means for you

A lower price, with the checks done

  • No dealer mark-up — The price is set by bidding, not by a high-street forecourt.
  • Inspected before listing — Every car has a 299-point inspection, a road test and detailed photographs.
  • HPI, MOT and history — The HPI result, MOT history and DVLA record are on every listing.
  • Warranty included — 90-day warranty, at no extra cost.
  • Money back — 14-day money-back guarantee, the same as every car we sell.
  • Home delivery — Delivery is included. The car comes to you.
Where the saving comes from

Three reasons repossessions cost less

The car is not cheaper because something is hidden. It is cheaper because of where it came from, and how it is sold.

01

The car comes from a lender, not a forecourt

When a finance agreement ends early, the lender takes the car back. It needs to sell the car to recover what is owed, not to make a retail profit. We buy these cars in volume, outright, and sell them ourselves.

02

No extra dealers in the chain

There is no auction house fee and no further dealer markup. There is no showroom commission built into the price — and every car still comes with our 90-day warranty and 14-day money-back guarantee.

03

Bidding sets the price

Each car is listed below a typical retail asking price. It sells for what buyers are willing to pay, and every bid is visible. Some cars also have a Buy It Now price.

From repossession to your drive

The journey of a repossessed car

Every car goes through the same checks before it is listed, so you can bid with the facts in front of you.

Step 1

The finance agreement ends early

The lender takes the car back and needs to sell it to recover what is owed.

Step 2

We buy it outright

Alvasaron buys the car from the lender. Any finance is settled. We are the seller, not the lender.

Step 3

Inspected and photographed

The car goes through our 299-point inspection and a road test. The listing shows the report, the photographs and the history.

Step 4

Official checks on every listing

We show the HPI result, the MOT history and the DVLA record, so you can bid with the facts in front of you.

Step 5

Listed at auction

Bid in the live auction, or secure the car straight away with Buy It Now.

Step 6

We deliver the car

Once you have paid and signed your Sale Agreement, we deliver to the address in My Account. You inspect the car with your driver, sign the handover note and the keys are yours.

Before you bid

How these cars are sold

We buy the car from the lender and sell it ourselves. Your Sale Agreement is with us.

You buy on the listing

Each car is sold on the photographs, inspection report, HPI result, MOT history and documents on its listing page. Study them before you bid.

Assess the car remotely

The stock is held at locations across the UK, which is why buyers assess the car remotely. Any customer can request a walkaround video, and we encourage you to do so.

We bring the car to you

There is no yard visit. We deliver to the delivery address in My Account.

Questions

What buyers ask about repossessed cars

If anything is unclear on a particular car, email [email protected] before you bid.

It's a car that was bought on finance by a previous keeper. When that finance agreement ended early, the lender recovered the car. We buy these cars directly from finance companies, often as whole fleets, and sell them ourselves — so Alvasaron is the seller, not the lender.

No. We own every car outright before we sell it, and any finance has been settled. The HPI check on the listing confirms there is no outstanding finance, and your Sale Agreement confirms it in writing.

Because we buy them in volume, straight from the lender, without auction houses or middlemen in between. We pass that saving on to you.

Yes. Every repossessed car gets the same 299-point inspection, HPI check, 90-day RAC warranty with breakdown assistance and 14-day money-back guarantee as any other car we sell.

You can view them by appointment, just like the rest of our stock.

Sometimes not. Cars recovered by a lender can come without a full service history or a second key. The listing always tells you what is included, so there are no surprises.

Open the Repossessed page from the menu, or look for the Ex-finance repossession label on a listing.

Ready to bid on repossessed cars?

Every repossessed car is HPI checked, inspected and covered by our 14-day money-back guarantee and 90-day warranty.