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.

More than 1.2 million cars were repossessed in the United States in 2022, according to the Journal of Consumer Reports. 1 If your vehicle has been repossessed or you’re at risk of repossession, there ...

The Consumer Financial Protection Bureau (CFPB) slapped Fifth Third Bank with a $20 million fine on Tuesday for allegedly forcing auto loan customers to buy unnecessary car insurance policies, and in ...

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 ...

Before the pandemic, consumers could easily find a good quality used car for $20,000. However, in 2023, those vehicles made up just 12.4% of the market, as reported by CarScoops. Compounding this ...

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 ...

Find out why your car was repossessed, see if you can get it back — and know your rights. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...

Wanna be a repo person? A car repossession is one of the worst things that can happen to a driver. A repo damages your credit beyond repair for years and leaves you without the means of transportation ...