The moment a driver realizes their car is gone is often defined less by anger than by disbelief. People replay the previous ...
As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years.
Ford has some interesting ideas on what self-driving cars might soon be able to do. Besides freeing us from the tedium of commuting, the company envisions cars that could repossess themselves.
Losing a car to repossession is a personal financial crisis that impacts our ability to work, to take care of our basic needs ...
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 ...
Car repossessions are jumping nationwide and the reasons may surprise you. Consumer Investigator Rachel DePompa shares what ...
After his hand was run over while he attempted to repossess a car, tow truck operator Ted Baldwin gave up on repossessions. “The owner of the vehicle came out while I was behind the tire hooking it up ...
Racing to an important meeting, you slide into your driver’s seat and hit the ignition. Nothing. Your dashboard stays dark while your phone buzzes with a text from your auto lender. Welcome to the ...
WASHINGTON — Ford has filed for a patent that could lead to cars repossessing themselves if a driver misses payments in the future. The patent application from Ford Global Technologies was filed with ...
Picture this: You’ve fallen on hard times, and you haven’t been able to make your last few car payments. When you step out of your home to head toward your car, you don’t see the fabled “repo man”; ...