The car repo business is booming as Americans fall behind on their increasingly expensive car payments.
As the economy continues to sour, debt-strapped vehicle owners are defaulting on automobile loans at record rates, providing repo men, auction wholesalers and dealers with loads of work. "Business is ...
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 ...
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.
Find out why your car was repossessed, see if you can get it back — and know your rights. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...
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7 On Your Side helps recover mistaken truck repo
It was a mistaken repossession, the repo-man towed a truck out right out of a Brooklyn driveway in the dark of night.
Note that some lenders are offering relief options during the coronavirus outbreak, so be sure to also check out our Student Loan Hero Coronavirus Information Center for additional news and details.
When a driver walks outside and finds an empty parking spot where their car should be, the first thought is often repossession. In reality, a growing number of people are discovering that their ...
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 ...
Now this is what a detailing expert calls a disaster. The previous owner treated this BMW 325i like a trash can. He put dirt on the car on purpose to make things complicated for the bank that was ...
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