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Im storing a motorcylcle for an ex- friend that needs to be repossessed. Will the finance company pay for storage if i return it to them?
Wiki User
∙ 15y ago
No the first thing you need to do is` answer one question- No your not ....maybe....holding it for her tell ....for what ever reason right?what year is the bike and make ,what is left on the payments? where are you to take a look at it??? let me now??
Wiki User
∙ 15y ago
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Im storing a motorcylcle for an ex- friend that needs to be repossessed will the finance company pay for storage?
if you are an individual simply storing it in your garage, good luck. However, if a business, such as an auto repair shop has the item, the company will likely nweed to pay them the storage fee and tack the amount onto the repo charges
Your vehicle was repossessed and the finance company charged you ''storage'' fee on the invoice to get your vehicle back can the repo agent still charge for storage?
no because the storage fee that the finance company charged you was what the repo company charged on the invoice. the finance company had no other reason to charge storage fee's they did not store it
What should be done if your car was repossessed because of an error on the finance company's part but they refuse to pay for storage fees?
CALL an ATTORNEY asap
When cars are repossessed where does the finance company have them taken?
They usually take them to auction after a brief storage period either at the collection agencies or lending institutions yard.
When a vehicle has been repossessed and taken to the auction does Honda carry insurance on it?
Not only does Honda have insurance on the vehicle, so does the repossession company, the storage company, the transport company, and the aution agency.
How do you regain possession of car that has been repossessed?
Contact your finance company. They will often give you the chance to get the car back if you pay up to date plus impound fees and usually some more towards your balance.
Is it illegal for a towing company to charge you a fee for your possessions from a repossessed vehicle stating it is a cleaning fee and storage fee in the state of CA?
Nope.
Will a finance company accept storage insurance instead of full coverage if the car is never driven If so how much cheaper is storage insurance compared to full coverage?
They will probably demand full coverage on the car whether you drive it or not. The storage insurance should be quite a bit cheaper than if the vehicle were actually in use on the streets, etc. Check with your finance company and your insurance agent.
What is the name of the TV program about the sale of repossessed self storage treasures for sometimes ridiculous prices?
The name of the television program about the sale of repossessed self storage treasures for sometimes ridiculous prices is Storage Wars. Storage Wars airs on the channel A&E and is a popular American television program.
Can you be charged a storage fee for items within a repossessed vehicle?
Yes, you can, and you usually will.
Can a comapany that repossessed your car hold your prescription from you unless you pay 100 storage fee?
no
What can be done when the lien holder has repossessed your mobile home but has not removed it from your property?
CHARGE THEM STORAGE
