Before you buy a new car... Buy a used repo instead. You might be thinking... "are you nuts?" Well, not exactly and here's why… Repo vehicles come in when customers don't want to continue making vehicle payments. And no, not because they are beat up. It is often by choice because the customer owes significantly more on the vehicle than what it is worth to them, so it makes sense to let the bank repossess the vehicle. A dealership can buy a repo from the bank for much less than what was brand new