Car repossessions are jumping nationwide and the reasons may surprise you. Consumer Investigator Rachel DePompa shares what ...
W.S.M. on MSN
My car got repossessed. Now what?
More than 1.2 million cars were repossessed in the United States in 2022, according to the Journal of Consumer Reports. 1 If ...
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 ...
WGAU Radio on MSN
Auto repossessions surge as car costs continue to climb
More Americans are falling behind on their car payments as 2025 comes to a close, with auto repossessions nearing levels not ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
The process of buying a car, new or used, this day is a torturous experience from beginning to end in most cases. But in an economy primed to dive into the proverbial lavatory that is a recession, ...
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