car finance repossessions

Car repossessions rise to the highest level for nearly two years

21st July 2023 Arrears and Recoveries | #car finance repossessions

Voluntary terminations (VTs), voluntary surrenders and repossessions for cars rose in May 2023 to the highest level for nearly two years according to the Motor Auction Group (MAG). It is predicted that the figure will rise dramatically over the next 12 months as interest rates and the rising cost of living continues to negatively impact…

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car finance repossessions

Car repossessions rise to the highest level for nearly two years

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