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The organisation’s Sonja Styger said unfortunately it was a growing trend due to the exploding popularity of online auctions driven largely by the Covid-19 lockdown. sign up now to stay updated with our latest articles, videos & news: *Standard Bank auctions sell repossessed cars if you are looking to buy a pre-owned vehicle at a low price. 5 SX. Repossessed cars, often referred to as “repo cars”, are vehicles repossessed by financial institutions such as Robinsons Bank when borrowers default or are unable to pay off their loans. 2. Your dream car might be waiting for you at our next repossessed car auction. com has the largest selection of repossessed houses, flats, private property and farms for sale in south africa. 3 bedroom house for sale in phoenix. See 36 results for bank repossessed houses for sale in south africa at the best prices, with the cheapest property starting from r 240 000 capitec repossessed houses for sale. VAT No. Listing 21 Results Capitec Car Loans. 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