More Americans are falling behind on their car payments as 2025 comes to a close, with auto repossessions nearing levels not ...
After his hand was run over while he attempted to repossess a car, tow truck operator Ted Baldwin gave up on repossessions. “The owner of the vehicle came out while I was behind the tire hooking it up ...
Shock. Anger. Shame. And finally, hopelessness. The emotions that follow a car repossession can be overwhelming, but they often converge into one lingering question: “What do I do now?” As an ...
So far this year, repos are up 23% compared with the same period last year, according to data from Cox Automotive. Vehicle repossessions began increasing in 2023 and are up 14% from the first half of ...
According to Cox, car repossessions surged in the first half of 2024 as more borrowers defaulted on loans taken out on their car purchases. Cox data shows that car repossessions have increased 23% ...
The number of car repossessions is growing. The latest numbers show people are defaulting on car loans 40% more than just two years ago. Channel 2 consumer investigator Justin Gray has been digging ...
Car reposessions nationwide are up 23% over 2023 and 14% compared with the first half of 2019. Banks say they don’t believe consumers borrowed more than they can afford. More likely, they can afford ...
Car repossessions surged last year to the most since 2009, a sign that mounting consumer stress is reverberating through the U.S. economy. In 2024, roughly 1.73 million vehicles were seized, according ...
The video, posted by Cheese (@thankuscheese), showcases a range of vehicles, from luxury Jaguars and Range Rovers to everyday Hondas, all repo’d, painting a vivid picture of the economic pressures ...
MILWAUKEE - Auto repossessions are expected to climb in 2023 now that consumers no longer have the benefit of more leniency from lenders and stimulus programs, but car owners in Wisconsin do have some ...
Tow truck operators across San Diego County say business has suddenly boomed in the worst possible way, with car repossessions jumping and trucks heading out constantly to hook and haul vehicles as ...