Our story
Built in Houston, focused on clear repo sales
Growth never replaced the basics: clear condition notes, published pricing, and respectful support.
Bank Repossessed Cars began when founder Marcus Cole saw an opportunity to bring lender repossessions to retail buyers with less friction—without opaque auctions or surprise fees.
Word spread from our Houston headquarters. By 2002 we had expanded inventory and a team focused on documentation and buyer education.
Today we still operate from Houston, Texas—sales, service, and financing support under one roof, still guided by the same principles.
Milestones
A straight line through three decades
Key moments that shaped how we list, inspect, and deliver repo inventory.
- 1995
Company founded
Marcus Cole opened the first Bank Repossessed Cars remarketing desk with a small team focused on transparent repo sales.
- 2002
Expanded inventory
We doubled inventory and inspection capacity in Houston while keeping published pricing and condition reports at the center of the experience.
- 2008
Service center
Launched a dedicated service center for inspections, reconditioning, and customer maintenance.
- 2015
Online inventory
Full digital inventory with search, filters, and consistent listing data for remote buyers.
- 2020
25th anniversary
Celebrated 25 years of service with our 10,000th vehicle sold from our Houston headquarters.
- 2023
EV & hybrid focus
Dedicated hybrid and electric listings with specialist support on charging and ownership costs.
