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Santander Brazil´s Online Auction Features Repossessed Vehicles

RIO DE JANEIRO, BRAZIL - The 10th edition of the auction of repossessed cars by Santander bank will be held next Tuesday, November 17th, at 10 AM. The event, organized by Sato Auctions, offers cars, motorcycles and SUVs, with bids starting at R$5,000 (US$925).

Among the lots are a Dodge Journey R T 2011/2011, with bids starting from R$16,500, and a Jeep Cherokee LTD 3.7 2012/2012, with an initial bid of R$21,000. According to the FIPE (Institute of Economic Research Foundation) table, the value for the 2012 Journey model is R . . .

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