Before the pandemic, consumers could easily find a good quality used car for $20,000. However, in 2023, those vehicles made up just 12.4% of the market, as reported by CarScoops. Compounding this ...
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Auto repossessions surge as car costs continue to climb
ATLANTA — More Americans are falling behind on their car payments as 2025 comes to a close, with auto repossessions nearing ...
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My car got repossessed. Now what?
More than 1.2 million cars were repossessed in the United States in 2022, according to the Journal of Consumer Reports. 1 If your vehicle has been repossessed or you’re at risk of repossession, there ...
The Consumer Financial Protection Bureau occasionally issues a publication it calls “Supervisory Highlights.” This publication serves a couple of purposes. It allows the CFPB to show Congress the good ...
“More carmax repos at the auction. People are defaulting on their loans and getting their vehicles repossessed,” TikToker Cheese (@thankucheese) writes in a caption for yet another video where he ...
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 ...
Steve Hale hopped into the cab of a gray 2007 Range Rover and started the engine. The car, one of more than 80 vehicles parked outside a Meridian warehouse, slowly rumbled to life in Saturday’s ...
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