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There is a repo fee in every state and it can get quite expensive with vehicle storage etc. between $300.00-$500.00 on average that's on top of what it takes to bring your loan current(if you want your car back).

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โˆ™ 2011-09-13 06:10:09
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Q: Is there a repossession fee in South Carolina?
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Are the Lender of a repossession allowed to charge a storage fee and a repossession fee in the state of California?

In the state of California, the lender of a repossession may only charge fees that it incurs and that are in the contract. If the lender pays for the storage or houses the repossession, then yes, the lender is allowed to charge both a repossession and a storage fee.


Are the repossession agent allowed to charge a storage fee and and a repossession fee in the state of Missouri?

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.


What is the maximum automobile repossession fee that can be charged in Texas?

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The statute of limitations for a repossession falls under the category of debt collection. The statute of limitations in the state of North Carolina for a repossession is 4 years.


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Is North Carolina south of South Carolina?

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Repossession fees are variable for all auto lenders. Repossession fees are real costs that are accrued in the repossession of a vehicle, or based on these costs. Fuel, number of visits, wages, insurance, etc. are all taken into account. So the repossession fee on one vehicle may be vastly different, greater or less, than the fees on another.


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