Most banks and finance companies net only about 30 percent on a financed dollar when they sell a repo at a wholesale auto auction. That 2011 Ford Focus you bought for $18,000?

Don’t Hide Your Car If you catch wind that you’ve been marked for repossession, you might be tempted to lock your car in your garage or otherwise hide it — this is almost always a bad idea.

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 ...

Most banks and finance companies net only about 30 percent on a financed dollar when they sell a repo at a wholesale auto auction. That 2011 Ford Focus you bought for $18,000?

Month-to-month, year-over-year, and year-to-date numbers indicate a firm selling season of used vehicles from different ...

If your car has been repossessed, what action should you take? We suggest starting with these six steps. Author: moneytips.com (KSDK) Published: 8:21 AM CDT October 25, 2017 Updated: 8:21 AM CDT ...

Plus, you'll owe repossession and other fees that the lender is allowed to by the terms of the loan to add to the debt balance. So, you will still owe on a car you no longer have. A real bummer!

If you're searching for a car auction site in Indiana that features a dealer wholesale auction, car repo auctions, heavy truck auctions, public auctions, government auctions, and other auto ...

Morton Auto Auction features hundreds of fleet, lease, rental, repo and new car trades weekly. Centrally located in Illinois, Morton AA routinely cov ...