I'm really hoping someone here is an expert in this field... My car was recently repossessed and I am unable to pay it back. I have been told that my car will go up for auction and whatever is left over, if any, after being sold will be the balance I have to pay. The current balance is $10,000, so in order for me to be in the safe range, I need the car to sell for at least $9,000. A quick KBB search told me the average "worth" of my car is about $12,000. I am very unfamiliar with how repo auctions work, but my guess is that cars sold at these auctions go for far less than their KBB worth price. So I guess my question is just how much less do cars go for at repo auctions?