Car Repossessions Are At Levels Not Seen Since The Global Economy Tanked
03/29/2025 09:55 AM
The number of vehicles being repossessed has surged to levels not seen since the aftermath of the 2008 financial crisis, affecting buyers from all over the spectrum; from the Nissan Kicks to the latest supercars. This likely signals growing financial distress among Americans amid continued high interest rates and vehicle prices.