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Auto Loans and Financing
Repossession
Liens

Can both the bank and repo man charge retaking storage repair and sales expenses when you bring your payments current and pick up the car?


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Wiki User
2015-07-15 18:29:41
2015-07-15 18:29:41

"both" the bank and repo man?? NOT that I am aware of.

retaking, REPO??? usually charged by lender storage, USUALLY charged by repo co. repair (NOT normally done), sales expenses WHAT did who "SELL"??? READ YOUR CONTRACT. It should govern what you pay to whom.

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You have to get current on your payment, plus the repo fees, plus the repo agency storage fees. And you have to do it before the lienholder gets impatient and auctions off the car - once that's done, you're still responsible for the remaining balance.


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