Car repossessions went up 43% over two years as high prices squeeze Americans. Here's what to do if you're at risk

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

‘They’re just giving out cars to make a buck.’

“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 ...
WSB Radio

Auto repossessions surge as car costs continue to climb

ATLANTA — More Americans are falling behind on their car payments as 2025 comes to a close, with auto repossessions nearing levels not seen since the Great Recession. WSB consumer expert Clark Howard ...
The Daily Dot

Car dealer walks into Bank of America repo lot. Then he sees a brand-new Chevy Tahoe

Since 2020 the car market has been rocked by one problem after another. First it was a lack of stock, then parts, then supply. All of this causes prices to shoot up. Along with rising prices also came ...
USA Today

Climbing car sales, more repos: What's driving our 'wacky' auto economy

COMMERCE CITY, Colo. ‒ For the better part of 20 years, auto hauler Tom Kingston has had a front-row seat to the ups and downs of the U.S. car sales market. Now, car dealers are having a harder time ...

Car repossessions went up 43% over two years as high prices squeeze Americans. Here's what you can do if you're at risk

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