It depends, usually the repo man will come to the dealerships and tell them a price they'll repo a car for. The company I work for charges roughly $150 a car, but if we have to go unusually for to get the car the price goes up accordingly. Like if we have to fly out of state to get a car the dealership pays for the plane ticket plus a few hundred.
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.
Nope. The dealer is completely unaware of your financial situation.
Yes they can.
depends on how hungry the repoman is and how much the lender will pay. Could go either way for either one.
Call the repo company.
The bank/finance company. The dealer has already been paid for the vehicle
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
This is actually based on the state law. I know that you can in Alabama, and maybe KY. If you bank with a national bank they are less likely to pursue this because of cost of having a lawyer know the law for that state and file for them. However, a local dealership, bank, or loan company will pursue this if the state allows.
who ever was in possession of the unit. I assume the repo company was in possession and if they are legit, They have more than enough insurance to cover any damages.
No, they cannot.
The DEALERSHIP won't repossess the car, but the lender might if you don't make the monthly payments as scheduled.
how do you get a repo licence in North Carolina