So I took my newly won TwoTraderAuctions repo to my mechanic buddy for the usual post-purchase checkup. The car is a 2022 Toyota Camry SE, 34k miles, bank repo from Wells Fargo — won it for $18,400.
His exact words: "Phil, whoever owned this car before the bank took it must have thought they were getting it back. Fluids changed recently, brand new rear brakes, tires have like 8k miles on them."
His theory is that the previous owner was making payments, fell behind, but was still maintaining the car thinking they'd catch up. Bank repo'd it anyway. Their loss, my gain completely.
Total damage: $18,400 purchase + $450 buyer fee + $290 transport from Phoenix. $19,140 all-in for a 2022 Camry SE that KBB private party lists at $27,500. I'm still in shock honestly.