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Car repos have hit a 15-year high: 5 things to do if you're behind on payments
Repo men are busier than they've been since 2009. If you're behind, here's how to keep your car.
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 ...
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Car repos skyrocketing! The auto loan crisis is here
Car repos are SKYROCKETING! Learn why the auto loan crisis is here and how to protect yourself from repossession.
Longer loans and higher payments are pushing more borrowers into default.
It’s only inevitable that as more Americans fall behind on their monthly car payments, the more they’ll get their vehicles repossessed. A recent study by Fitch Ratings found that more subprime ...
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 ...
When Greg Cook’s car of 12 years, a 2010 Honda Fit, up and quit on him in May 2022, he knew it would land him “between a rock and a hard place.” He couldn’t afford to go without a car: He knew he’d be ...
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 ...
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% ...
(InvestigateTV) — Car repossessions were up 43 percent between 2022 and 2024 - an estimated 3.2 million cars - according to a report by Bankrate citing data from Cox Automotive. Shannon Martin, an ...
Car ownership remains a struggle for many Americans. In the first quarter of 2026, the average monthly loan payment on a new car sped past $800 for the first time, according to data from JD Power, and ...
"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 ...
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