As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years.
FONTANA, Calif. — Dealers might not necessarily be asking auctions specifically about repossessed vehicles. But when a repo unit comes down a lane, it's likely headed to a dealer's inventory soon.
(InvestigateTV) — Car repossessions were up 43 percent between 2022 and 2024 - an estimated 3.2 million cars - according to a report by Bankrate citing data from Cox Automotive. Shannon Martin, an ...
Auction sales of 2-year-old vehicles from commercial consignors climbed nearly 32% year-over-year in November and beat October numbers by 4%. Through 11 months of the year, sales of these vehicles ...
Steel Horse Rides on MSN
Driver thought his car was repo’d — then he found it in the strangest place
When a driver walks outside and finds an empty parking spot where their car should […] ...
Last year’s total sales figure was the highest recorded since 2019, when sales reached 8.2 million units, and was more than 1 ...
Tight household budgets are pushing drivers toward financial strain.
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