RepoFinder is the only free nationwide list of banks and credit unions that sell repossessed items to the public. Buyers can search local inventories for repo trucks, cars, boats, motorcycles, ATV's, RV's, real estate, and more. When a buyer finds a repo they would like to purchase they can then contact the credit union or bank directly to make an offer. The banks are anxious to sell the repossessions and will typically be able to discount the price to facilitate a quick sale. Banks also have the ability to offer special loans with lower interest rates should you purchase a repossessed vehicles or home from them. Purchasing a repossession from a credit union is very similar to buying from a private seller but you get the added bonus of having a seller that can also provide you with the service that a dealer would offer. Repossessions are typically sold as-is so you'll want to makes sure that you inspect everything carefully prior to submitting an offer.