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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

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โˆ™ 2007-12-28 06:45:27
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Q: What are basic repo storage fees etc typical in NY?
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Are there any extra fees after a car repo?

Many. Collection costs, storage, repo fees, etc.


Do you have any recourse if the repo company is trying to charge additional storage fees when you were told previously that there wouldn't be any?

Who told you there would be no storage? The lender? the repo co.? Call the LENDER, they have control of the repo company.


What if they repo your car but you get it back but they want to charge storage fees for speakers in trunk?

You will pay the fees or you will face legal actions and more fees in the attempt to collect the debt. Your best course of action is to pay the storage fees for your personal property--the speakers--and avoid accruing greater debt.


If a car is repossed are you still responsible to pay for the remainder due on the car?

Yes. You are also responsible for repo fees, storage, auction and collection fees. You pay for it all.


How much are repo fees?

As much as the company performing the repo charges.


How many payments do you have to catch up on to get your car back?

You have to get current on your payment, plus the repo fees, plus the repo agency storage fees. And you have to do it before the lienholder gets impatient and auctions off the car - once that's done, you're still responsible for the remaining balance.


Does the car owner have to pay impound and storage fees after repossession?

A car owner has to pay impound and storage fees after repssession because that was their car. The bills are left to the car owner, no one else is going to pay their bills.


What amount will show up on your credit report when a vehicle is repossessed the original cost of car or the balancing remaining?

the BALANCE DUE at time of repo PLUS repo fees and fees to come later.


What is the difference between a car been repossessed or voluntarily surrendered?

AS far as your credit goes there isn't any a repo is a repo it stays on your credit for seven years.A voluntary repo can save you $200-300 in repo fees .You are still charged all the fees related to preparing the car for auction and auction fees etc. which run between $500-700 and up.And of course that is added to the balance after the the car is sold.


Can you get your vehicle back after reposssession?

Yes, usually. As long as you can pay the past due balance plus repo fee & storage fees. However, the lender can demand the ENTIRE balance if they want to. (They generally dont)


What damages can be collected after repossessing a car other than deficiency?

The fees related to the repo and sale of the vehicle.You can dispute the fees.


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


How long does car dealer have to hold personal property after repo in Texas and can they charge storage fees if so how much?

They must return personal belongings as long as you pick them up in a timely manner and since it has been repo'd they can't charge you anything for storage, its not your car anymore


If a car is reposessed and was sent to auction is it legal for the repo company to bill for storage fees for the period the vehicle was in their lot?

No they are just trying to get extra money off you , that's why a repo company tries to wait till the last second to send a car to the auction. so if there is some chance of you redeeming your car they want you to do it there so they can get storage fee's off you. I cover this topic and more at www.stoptheRepoman.com


In CA repo companies have to be licensed what happens when the finance co isn't using licensed people should you have to pay a repo fee or just for a tow which is what they are paying for 75 not 325?

Repo fees.


Can a repo man repo a car from a public storage facility?

Absolutely ! So long as he has the correct paperwork - he can repossess the vehicle from anywhere.


What is happens if you can't pay the storage fees after reinstating a car repossession?

ownership makes you liable for the bill which only increases every day it is there and you will be billed for all storage (based on duration) at time of repo, unless you can get lien holder to intervene based on settlement you just made to help you get it out


What is the average salary for a repo man?

I'm in NJ and pay 100 per repo, 50 for vol, I also pay close fees to my agents


In Florida is there a limit on the amount of money that a repo company can charge?

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.


Can a dealer repo your car with the balance of 800?

I sell cars. The answer is yes though unlikely. However if they do they will charge you recovery fees. Storage fees and admin fees. Is there any way you can pay? They will put a 7 year black mark on you record. If you can't pay you Gould offer to voluntary terminate the contract meaning car goes not questions asked and no defaults


If a 'friend' drives your car to a repo man without your permission to collect the finders fee how do you get your car back?

To get it back, you pay the amount you are behind or the payoff on the loan, whichever the LENDER wants. AND storage fees.


Do they have to notify you in NYC if your car is going to be repossessed and if so how do they notify you?

No The lender will not let you know when they are going to repo in NYC.In fact many times the lender will lie and tell you they are not going to repo and they do.If they do repo you will have to pay the outstanding balance plus repo fees,storage etc. plus whatever bogus fees the repo moron can get away with.Also remember in NYS car insurance rates have skyrocketed if your ins. has lapsed that is another way they can repo.If you feel a repo coming get everything of value out of the car radio etc.including your pp.If you can borrow the money to make the payments do so now before the repo!!!!!!After it will be much more expensive.Good Luck The only requirement of notification in NY is a post repossession letter must be sent, and a repossession condition report must be filed within 48 hours after the unit is secured.


How can you get your possessions from your repo car?

The repo company will remove personal items from vehicles they repossess. They'll typically charge a storage fee for you to retrieve those items.


Can both the bank and repo man charge retaking storage repair and sales expenses when you bring your payments current and pick up the car?

"both" the bank and repo man?? NOT that I am aware of. retaking, REPO??? usually charged by lender storage, USUALLY charged by repo co. repair (NOT normally done), sales expenses WHAT did who "SELL"??? READ YOUR CONTRACT. It should govern what you pay to whom.


How much do you get to repo a semi truck?

This is based on where the repo is done (what State and Country) What the contract between the towing operator, bailif and lender as well as the law in the Jurisdiction the repo takes place. Then how many miles, where the semi is stored and how long. Also how difficult was the repo? Was the unit surrendered to the lender? or did the lender have to sneak out with tow truck and repo it the hard way? A tractor that is surrendered at the lenders storage facility may only cost $1000 If they had to track down the unit and repo it the hard way $3000 to $5000 is common. And no it isn't $5000 for driving it away. That includes bailiff fees towing skip tracing auction costs etc.