Repossessions Run Wild—Is an Economic Crisis on the Horizon?

#copart #repossession #auction

[jaka]

Please Randy… say it again. Most Americans are only 1 to a few paychecks away from being homeless. Repos are up 65%. That’s a big increase

[Smol.Builds]

I personally don’t like repos because 90% of the time if someone can’t pay their car payment the car wasn’t taken care of.

[peterkwok]

925 italy is real silver Randy. The chain is worth about $200. 00 retail in Kay jewelers 😎😎👍👍

[CarringtonHollister]

Randy I been out of work since June beforehand I was busting my ass and paying my bills so hopefully I get back on my feet so I agree times are hard hopefully things get back to normal soon ‼️

[thatfrick]

lol, that thump when going into D on that 15 Escape. That 6F35 is toast...lol

[MattSchuster]

I'm currently living in OKC! Love these CoPart videos! Thank you!

[madelinesweetlowis]

Losing a job is heartbreaking. I believe if you live with just the bare necessities you can survive. No take home or eating out. Reduce cell and cable service. Trade in expensive phones. Cut down on unnecessary trips etc. Being a senior, I was raised without all the luxuries of today. We also had to tighten our belts and survived

[simpleman]

When the price of cars outpace everything else, and what you get is is over complicated and fragile garbage.

[JoshuaBrown-ueth]

That tahoe looks nice and red is a awesome color for a car so I think you should get the tahoe looks nice

[AmericanBuying]

It's always darkest before the storm

[davcuts]

I had a car repossessed decades ago. The car went to auction and I was still left with a car payment on a car I didn't have anymore. Don't believe you can just let your car go back and all will be well. Make your car payment, even if you have to eat nothing but ramen. Unless you like to walk.

[haskellburks]

Hello Randy. It's really getting bad in the economy because of businesses shutting down. You've got restaurants and box stores and pharmacies closing. The cars and trucks you're looking at are good looking cars, trucks and SUV's.

[LamelKendrick]

we've been in an economic crisis for 4.75 years. GDP going up doesn't mean much for the average person. The money supply was increased well beyond what it should have been. I'm no economist so i don't have the all encompassing answer on how and why, I just know that our buying power has decreased significantly and the value of our labor has not increased.

[cobramustang]

Feel so bad for the people that lost there jobs. Everything is so expensive right now so crazy. Makes me so angry that people treat there cars like that so they smell 😡😡

[bngdriver]

5:20 I love the mopar joke lol. Not really a joke since it’s the truth but I like how you made it to puzzle people.

[martha-rsnf]

RANDY YOU FORGOT ABOUT
THE WHITE DODGE CHARGER 👌 😮

[TimP-ph]

I hate to see the people in our Country going through

[desert_garage]

A lot of us is in the same boat when it comes to money unfortunately

[rckymarie]

I live on the east end of Long Island and you need a car here, too. Public transportation is abysmal.

[perryelyod]

Don't fret, your new President will bring everyone (well, except Libs) prosperity and happiness. He'll make America great again. He promised.