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 ...
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 ...
Auction sales of 2-year-old vehicles from commercial consignors climbed nearly 32% year-over-year in November and beat ...
There were 2,332,837 auto loan defaults last year, exceeding levels seen during the Great Recession. Approximately 1.73 million vehicles were repossessed, which was the highest level in over a decade.