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re: The coming automobile market collapse and what it means
Posted on 7/25/22 at 10:10 am to dstone12
Posted on 7/25/22 at 10:10 am to dstone12
quote:
It means there are a lot of unpaid notes that the repo men have not gotten around to repo-ing yet.
I know but ultimately some of those cars won't be able to be found.
So you go after the following:
1) the customers who know they can't repay, aren't going to threaten the repo man, and arrange a time for pickup, which
2) bring the most resale value.
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