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| Collateral Reposession Fees http://fugitiverecovery.com/forum/viewtopic.php?f=13&t=909 |
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| Author: | thebishopp [ Sun 10 Jul 2005 21:53 ] |
| Post subject: | Collateral Reposession Fees |
If there are any repo people out there, what is the average rate one charges a bank for recovering their collateral (car)? My understanding is a percentage of the note left on the vehicle plus expenses. |
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| Author: | EliteBailBoyz [ Fri 15 Jul 2005 13:05 ] |
| Post subject: | |
The national average for repoing a car is 364.00. The fee varies from bank to bank the minimum local recovery we have completed is $250.00. We consider local within a 30 Mile radius. Anything outside local is additional charge. There would also be different fees for for different types of equipement such as Heavy Equipment, Boats, Planes, Tractor & Trailors and so on. Hope this is of some assistance to you! Good Luck! |
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| Author: | thebishopp [ Fri 15 Jul 2005 17:32 ] |
| Post subject: | |
Why Thank You CD! I was wondering if someone was going to say something LOL. |
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