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How much will a finance company sell a HD motorcyle for after repossession and where will they sell it?

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2015-07-15 19:29:50
2015-07-15 19:29:50

It will be sold at auction at a lower price than the dealer will sell it for.

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Yes when a leasing company regains control of an asset it is still considered a Repossession repossession is much easier in a lease agreement than it is in a finance agreement due to the fact that the asset is owned by the leasing company, in a finance agreement you control ownership and the bank only holds security in the asset.

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As much as the repossession company charges. These are private companies with the latitude to set their own fees.

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About as much as a Motorcyle. the engines are similar.

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How much do repossession agents commonly make?

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Fees vary from lot to lot and repossession company to repossession company. I have seen daily rates as low as $10.00 and as high as $150.00. Your best bet is to get the matter resolved as soon as possible and redeem your vehicle.


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