Look OUT! Car Repossessions Are Starting Now!

2 years ago
3

There's a few trends that are showing that car repossessions are starting and likely to get worse. Car prices have been so high, and now we're seeing the flip of interest rates and defaults on loans. I see a few indicators that tell me by the end of 2022 that we'll see a 2.3% increase (at least) in the number of car repos.

It could be scary times, but it could also be really interesting if you're out to buy a car.

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