Repossession or ‘repo’ refers to the act of retaining possession of any property when the person who owns the property or asset has defaulted on its payments. This can be illustrated with an example. If a person previously purchased a vehicle on easy monthly installments, but could not make payments after a while, the vehicle can be repossessed by the relevant authorities who facilitated the loan.

There are markets for all kinds and types of cars. Car dealers come up with attractive offers for used cars that sometimes buyers cannot just resist. Generally, a dealer makes more profit on used cars rather than on a new car. That’s the reason; there are plenty of dealers for used cars.

Hatchbacks feature a distinct body configuration with a rear door that swings upwards to provide access to the cargo area. They may also feature fold-down second row seating. A unique feature of the hatchback is that the interior can be easily reconfigured to prioritize passenger versus cargo volume. Cars with such body configurations can be traced back to 1930’s.

The best new cars of 2017 are outstanding all-around performers – shown to be reliable, safe, and satisfying. Here are some of the shortlisted ones to help you decide on your next big buy. Honda CR-V: The 2017 Honda CR-V is fun to drive and has one of the best interiors in the compact SUV class.

Here is all you need to know abut the best cars that were launched in the year 2017 along with their specifications. Kia Cadenza: Kia Cadenza ranges from $32,890 to $45,290. Kia Cadenza is a car that has a 4 door saloon body style with a front located engine supplying power to the front wheels.

Car shoppers always seek the best car. Vehicles are usually bought based on its performance, reliability, safety, road test and features. Here is a compilation of some of the best cars to buy this 2017: Toyota Prius (hybrid) The current Toyota Prius is a compact car that seats 5. It comes in 7 trims.

It is 2018 already, and there are numerous updates on latest car models manufactured by auto industry stalwarts. The auto industry does not follow the yearly calendar like we all do. They roll out their latest car models of, for example, 2018 in the latter months of 2017. Some of these car models are refreshingly new, while others are simply the redesigns of the old models.

The automobile market is buzzing with top class cars from various brands. The luxury cars section has many new names. However, in 2017 none of the new brands could replace the top German brandsAudi, Mercedes, and BMW, from their top positions. These top three auto companies have stayed at the top for more than a few decades and there are not many new brands, which have the caliber to take their place.