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I was at my local dealership to pick up a part from the parts dept and in the services area were 4 vettes. I ask what was going on and we walk over and their were tag on the windshield "GMAC Repo". I talked to the service manager and they have been buying all type of repo car over the last 6 months. I wanted to know the pricing and the stats but he said they will not have numbers until friday.
One 08 black,
one 06 or 07 LMB,
2 AO 06 or 07 .
I will post Friday the stats and what they are going for.
If they were in bad enough financial position to get their car repoed I wouldn't be surprise if they have been beating the crap out of it and probably neglecting it. The previous owner will love it when they still owe money on the loan once it is sold.