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  2. Is That Used Car for Sale Really a Repo or Government Surplus?

    www.aol.com/news/2011-03-30-is-that-used-car-for...

    Ads proclaiming "Government Vehicle Disposal" and "The Repo Joe Sale" are designed to steer buyers to special used car sales events under the pretense they're getting a special deal. But the ...

  3. Buy here, pay here - Wikipedia

    en.wikipedia.org/wiki/Buy_here,_pay_here

    The advantage to the dealership of having an RFC finance was decreased risk on the sale and finance of the vehicles sold. Since both the RFC and the dealership had the same ownership, the owners could benefit from the profit on the sale of the vehicle and the profit on the loan for the vehicle. Historically, the down payment required on a BHPH ...

  4. Repossession - Wikipedia

    en.wikipedia.org/wiki/Repossession

    Usually, the vehicle owner must be notified of a repossession. The repossession agent will find the car and check its information such as the vehicle identification number (VIN) to make sure they have the right vehicle. If there is a match, they will attempt to hook up the car to the tow truck and tow it away or pick the lock and drive it away.

  5. Car Repossessions on the Rise — Are You in Danger of ... - AOL

    www.aol.com/finance/car-repossessions-rise...

    The new car loan rate for September was 7.4% compared to the average rate of 6.9% at the beginning of 2023. The percentage of car owners that pay at least $1,000 a month jumped to 17.1% in the ...

  6. Auto auction - Wikipedia

    en.wikipedia.org/wiki/Auto_auction

    The majority of vehicles entered into auction in the UK are ex-company fleet vehicles and as such usually have a good service history and have been well-kept. [21] Car dealer groups also take advantage of auto auctions in order to sell on any excess stock whilst smaller, local car dealers will use them to fill spaces on their forecourts.

  7. 'A major roadblock': Car repossessions are up 23% in 2024 ...

    www.aol.com/finance/major-roadblock-car...

    For premium support please call: 800-290-4726 more ways to reach us

  8. Vehicle impoundment - Wikipedia

    en.wikipedia.org/wiki/Vehicle_impoundment

    Vehicle immobilization is a key part of the act of impounding.. Vehicle impoundment is the legal process of placing a vehicle into an impoundment lot or tow yard, [1] which is a holding place for cars until they are placed back in the control of the owner, recycled for their metal, stripped of their parts at a wrecking yard or auctioned off for the benefit of the impounding agency.

  9. Here are the companies hiring right now - AOL

    www.aol.com/finance/companies-hiring-now...

    The job market is starting to rebound toward its pre-pandemic levels, giving job seekers more options for employment. Here's who's hiring. Here are the companies hiring right now [Video]

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