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  2. Is That Used Car for Sale Really a Repo or Government ... - AOL

    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. A bank created fake accounts, forced clients into ... - AOL

    www.aol.com/bank-created-fake-accounts-forced...

    It estimates the practice harmed more than 35,000 customers and resulted in vehicle repossession for more than 1,000 of them. ... This popular vitamin C serum is on sale for just $10: '60 is the ...

  4. Car Repossessions Reach Decade High — 5 Expert ... - AOL

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

    Car repossessions in the U.S. have reached a decade high. In December, the percentage of subprime auto borrowers who were at least 60 days late on their car payments increased to 5.67%, up from 2. ...

  5. Auto auction - Wikipedia

    en.wikipedia.org/wiki/Auto_auction

    Auto auctions are the most common method of disposing of repossessed vehicles. Repossessed vehicles can feasibly sell for less because the financial institution disposing of them only seeks to offset its losses (also restricted by federal regulations). The condition of such cars may be compromised by lack of maintenance.

  6. Car Allowance Rebate System - Wikipedia

    en.wikipedia.org/wiki/Car_Allowance_Rebate_System

    Program logo The Toyota Corolla was the program's top seller according to U.S. DoT [1] The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT [1]. The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel ...

  7. Used car - Wikipedia

    en.wikipedia.org/wiki/Used_car

    Established in 1898, the Empire State Motor Wagon Company in Catskill, New York was one of the first American used car lots. [3]The used vehicle market is substantially larger than other large retail sectors, such as the school and office products market (US$206 billion in estimated annual sales) and the home improvement market (US$291 billion in estimated annual sales).

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