Average new-car prices are hovering near $50,000. Loan rates remain elevated. More borrowers are walking away from ...

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 ...

An empty driveway sends a loud message. It tells a story of missed payments, rising stress, and a ticking clock that nobody ...

A growing share of American drivers are falling behind on car payments, and repossessions are set to climb to levels last seen during the Great Recession. Hosts Kenny Malone and Preeti Varathan ...

In today’s economy, auto loan delinquencies are rising, leading to an increase in vehicle repossessions. However, many lenders fail to recognize a critical opportunity in the repossession process: ...

As the economy continues to sour, debt-strapped vehicle owners are defaulting on automobile loans at record rates, providing repo men, auction wholesalers and dealers with loads of work. "Business is ...

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.