Repossessed cars often sit on the repo firm's lot until they go to an auction. Jim celebrated a good deal as his dealer bought the car at auction and passed on the savings to Jim. Jane couldn't afford ...

In today’s economy, auto loan delinquencies are rising, leading to an increase in vehicle repossessions. However, many lenders fail to recognize a critical opportunity in the repossession process: ...

Add Yahoo as a preferred source to see more of our stories on Google. Shock. Anger. Shame. And finally, hopelessness. The emotions that follow a car repossession can be overwhelming, but they often ...

As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years. Cox Automotive estimates yearly auto repossessions went up about 43% ...

Ignite Consulting Partners offers a compliance tip each week for dealerships. This week’s installment delves into a business segment buy-here, pay-here operators often face — repossessions — recapping ...

If you’re in dire straits and you’ve been wondering how to turn in a car you can’t afford anymore, you’re at the right place, because we’re going to lay out the process for you. Can you give your car ...

Auto repossessions spiked in 2022 above pre-pandemic levels, coinciding with a sharp increase in the use of third-party repo agents and higher costs to consumers, the Consumer Financial Protection ...

This company is reshaping auto repossession through gig workers and constant surveillance. Here’s what that means for privacy and the industry. DRN sells license plate recognition cameras and data for ...