If tow trucks seem more common on your local roads lately, you are not imagining it. Reporting from Cox Automotive earlier in the year pointed to a rising tide of vehicle repossessions as some owners struggle to keep up with their payments.
While the situation has not yet reached a worst-case scenario, the trend bears watching. It reflects broader economic strain on households, where the cost of financing a car can become a heavy burden when budgets grow tight and circumstances shift.
Comments are closed.