“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 ...

DALLAS (CBSDFW.COM) - The lender of an embattled North Texas car company repossessed fifty luxury vehicles from a Dallas dealership today. Alfa Romeo of Dallas is run by Kamkad Automotive, a company ...

In 2024, 1.7 million vehicles were repossessed; car loan defaults are skyrocketing. Car loan defaults are skyrocketing in the United States, and the figures are undeniable: • 2,332,837 defaults ...

Regulations force remarketing of repossessed vehicles to take a certain amount of time, but Consolidated Asset Recovery Systems believes its two newest partnerships can allow lenders to use that time ...

SAN BERNARDINO – The recession may actually lead to a renewal of commerce at what was once Center Chevrolet. The dealership will soon be reborn as Arrowhead Motors, which is set to specialize in ...

Auction site Pickles reported an average increase in repossessed cars hitting the auction of 13 per cent in the past six months. In the second quarter of 2024 – April to June – the number of reclaimed ...

WARFIELD, KY (WCHS/WVAH) — Four trucks and a 4-wheeler were repossessed on Monday from Warfield Fire and Rescue. The pricetag of all the vehicles combined is more than $400,000. The truck fleet of ...

Hyundai's and Kia's American financing arm will pay $334,941 to settle charges it illegally repossessed vehicles belonging to military service members, the U.S. Department of Justice said on Wednesday ...

More than 22,000 South Africans had their vehicles repossessed in the first six months of the year, according to data from the National Credit Regulator (NCR). Vehicle repossessions are becoming a ...

WEDNESDAY UPDATE: After the Scott County Council voted to take out a loan to cover the payments for three Ford F-150's, council member Jonathan White confirms they were told on Wednesday that the ...

Five patrol cars were repossessed by First National Bank in Cairo because of non-payment, according to a news release from Alexander County Sheriff David Barkett. Barkett said County Chairman Mike ...