Vehicle repossessions are financial tragedies of the first order, but they can be bonanzas for bargain-hunting car shoppers. In one of the few silver linings of today’s economy, more and more ...

A tow truck driving away with a repossessed car - Winhorse/Getty Images Unfortunately, buying a car usually requires a sizeable loan, along with regular payments that must be made on time. If you're ...

Taking on a car loan comes with a lot of responsibility. With Experian reporting that the 2024 average car payment for new and used cars sat at $734 and $525 per month, respectively, it's very easy ...

New data is showing the number of car repossessions is hitting its highest rate in years. According to Fitch Ratings, more Americans are falling behind on their car payments after a sharp decline in ...

"Dude, Where's My Car?" may be the name of a lame Ashton Kutcher movie, but it could also be your response as you realize that your car has been repossessed. Just like a home, a car is not yours until ...

It is undeniably true that car repossession has dire consequences on your credit score and affects your future chances of credit ability. Using a car loan may seem like the best way to own your dream ...

“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 ...

It was a Sunday night in August, just after midnight, when I was awakened by a loud banging. I opened the front door, ready to deliver a reminder about not forgetting the house key to my college ...

Another example of industry cooperation in the repossession world came to light on Wednesday. Consolidated Asset Recovery Systems (CARS) announced that the forwarding company has integrated its IBEAM ...

The hammer finally fell at Bonham's much-hyped Bonmont sale this past weekend, netting more than $27 million in sales against a predicted $18.7 million. The eclectic docket of cars was buoyed by the ...

Cars are getting more expensive. Since March 2020, new car prices are up 29% and used car prices up 34%, per USA Today. This outpaced the overall inflation rate of 23%. There are a few potential ...