HomeHow do you start a repo company in Arizona?
Wiki User
2015-07-16 19:18:47
2015-07-16 19:18:47
Luis, I know 2 people who have recently moved from the right coast to AZ to open up, so there must be some market there. Do you want to own the agency or wotrk for someone else? Being the owner requires mucho dinero to do correctly and qualify for GMAC and other quality lenders. Please email me how you want to do it. I'll be happy to point you in the right direction.
Related Questions
how do you get a repo licence in North Carolina
What type og certifacation or licence must you have to start a repo company
You have to pay for that information. The repo biz is a private and sercet biz.
Call the repo company.
In Florida, the repo company charges the lender with the cost to repo the car. However, the repo company can charge no more than $25 for storage of personals found in the auto.
It can vary from repo company to repo company. but on average in the ny area storage fees can range from $15-40 a day. It depends on the arangement the repo company has with the bank
from the 2 dollar shop
The active towing company will need REPO insurance and REPO agents. And some REPO clients.
As much as the company performing the repo charges.
30days by state law, answer from a repo man
The car is not yours, it belongs to whoever got the repo company to collect it. They can decide what happens to the car, if they instruct the repo company to break into it, then that's what will happen.
You cannot stop the repo company from harassing you unless you pay your bill. The only thing you can do is try to ignore them.
wanting to start a repo service in Illinois and need to know what all is needed?
Who told you there would be no storage? The lender? the repo co.? Call the LENDER, they have control of the repo company.
Only if your car was lojacked by the manufacturer and the repo company have the details to locate it.
do I need to be bonded in nystate for repo cars
It isn't unheard of for a repo company to call your friends to try and find out where you and your car might be. Some people try and hide their car from a repo company so that it can not be repossessed.
There is no company with the name "Repo Truck", but "repossession" of a vehicle simply means the financial lending company "takes back" the vehicle, because monthly payments on the vehicle have ceased.
A good place to start is www.automotive.com/auto-insurance/77/arizona/index.html. This is a comprehensive list of car insurance providers for Arizona.
sorry to say that ilinoisl has no repo tranning at this time makeing it hard for people like us wanting to get into the buisness but i have found a good way to jump right into picking up cars find a repo company that is already became known in the repo world just give them a simple call showing that you are wanting to be a shadow our a intern for there company some company's may not want to use this this method of helping a fellow repo agent get started in this life as a repo agent just dont go out and start your own repo company without getting some one the job traning but that is my choice even though it is hard if you really want to become a repo agent go for it i know i am
Depends on the state laws, they may need to serve you with a eviction notice before repo. Although if nobody is home and the repo man shows up good chance they would repo it and expect nobody lives in it.
Yes they can take the car were they need for safe storage. Just FYI if the repo company has the car it's no longer yours.
it was named after the state Arizona
Only if they do not have the correct paperwork from the finance company whom has the right to repo the vehicle.
The repo company should notify you about your belongings, if not, Contact your bank who will give you the phone number to the repo company who took your car and make an appointment within 30 days.... after 30 days your belongings are trashed
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