If your vehicle is repossessed, see why buy here, pay here car lots are a last resort for buying a car with no credit or bad credit. Because the laws regarding vehicles and repossession vary from ...

But Yusuf expressed shock that the bank hadn’t repossessed his car already. After all, cars are generally repossessed once payments are 90 days in default. “They’re still trying to pick it up?

The CFPB reports a rise in auto repossessions in December 2022, surpassing pre-pandemic levels, and an increased use of third-party forwarders, raising costs for consumers.