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and are they to charge by day or hourly?
YES
Yes. The repossession fee is like a tow bill. They did pick up the vehicle. The storage fee is the time it takes to get the vehicle off of their lot. Each day adds another day of storage fees.
i believe its 25 per day for car 60 for r.v.
It varies. I've seen $25 a day up to $150 a day. I think it depends on who owns the garage, state law and storage space on the garage's property.
If my vehicle was repossessed at 8:00 pm and I paid the lien holder the full amount to pay off the loan. Can the towing company charge two days of storage when I picked up my vehicle at 1:00 pm the following day?
They charged off the the loan on the vehicle as a bad debt. They did not actually own the vehicle, you cannot charge anyone storage fees for defaulting on a loan. They will only send you the title when you settle the debt. If at all.
I'm pretty sure it's indefinitely Once a customer is given a pick up date (normally that day or the next) anything beyond that can be charged storage fees up until the vehicle is removed. A lot of repair shops have a maximum length of time they will store a vehicle though, and once that is met or exceeded they reserve the right to repossess the vehicle to cover storage fees.
in Texas a dealership may only charge you a max of 90.00 without first getting your approval in writing, so if you signed something and it said they would charge x dollars a day for storage You owe them, although if you never signed anything or you signed something that did not mention a storage fee, then you do not owe them anything. Even if they have signs posted that say they are going to charge! if you did not sign a piece of paper that stated they charge for storage, You do not owe them anything. Keep in mind any mechanic can place a lien on any vehicle for repairs or for abandonment if left for too long.
Varies/
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