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Repo business booming, by land and by sea - Read More

Date Added: July 16, 2008 12:28:03 AM
Repo agents say banks and lenders have been asking them to reclaim all-terrain vehicles, motorcycles, small planes, snowmobiles, semi-trucks and, of, course, cars. Vehicle repossessions were up 10 percent in 2007 over the previous year, said Tom Webb, an analyst for Atlanta-based Manheim, the largest car auction company in the nation.

Category: Real Estate » Agents & Agencies


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