As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years.

Tight household budgets are pushing drivers toward financial strain.

(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 ...

FONTANA, Calif. — Dealers might not necessarily be asking auctions specifically about repossessed vehicles. But when a repo unit comes down a lane, it's likely headed to a dealer's inventory soon.

Auction sales of 2-year-old vehicles from commercial consignors climbed nearly 32% year-over-year in November and beat October numbers by 4%. Through 11 months of the year, sales of these vehicles ...

Last year’s total sales figure was the highest recorded since 2019, when sales reached 8.2 million units, and was more than 1 ...