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 ...
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 ...
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.
Cars are getting more expensive. Since March 2020, new car prices are up 29% and used car prices up 34%, per USA Today. This outpaced the overall inflation rate of 23%. There are a few potential ...
Taking on a car loan comes with a lot of responsibility. With Experian reporting that the 2024 average car payment for new and used cars sat at $734 and $525 per month, respectively, it's very easy ...
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 ...