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typically it is depending on how much the bank or lien holder is willing to pay...usually though....$ whatever amount they are willing to pay for premium vehicles and trucks

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โˆ™ 2011-09-14 01:53:24
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Q: What do recovery companies charge to repossess a vehicle?
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Can the state of North Carolina charge for personal property when they repossess your car?

The state doesn't repossess your car - private companies do that on behalf of the lienholder. They don't charge you for private property left in your car when they repossess it - that would be illegal. They charge a "storage fee" for the items they remove from your car. Underhanded, yes, but they can legally do it.

Can a repossession agent charge a two-day storage fee if they repossess your vehicle at night and you pick it up the next day?


In Texas can Ford Motor Credit repossess a vehicle if it has been designated a charge off?

Yes. A charge off does not mean that the debt is not still valid and subject to collection by any means available to the lender.

How do banks get their money back when they repossess an auto?

They sell the vehicle for what they can, then charge the remainder to you. They usually sell that debt to a collection agency, and the agency starts calling you for that money.

What is the disadvantages of data recovery?

Disadvantage of data recovery : Some data recovery companies charge very high to recover your data if the level of corruption is so high and even sometimes data not recovered by data recovery software which is one of the main disadvantage of data recovery.

Is it legal in Michigan for tow companies to charge a fee to get your belongings back that where taken out of the vehicle by them?

it is not legal

Can you get your finance company to repossess a vehicle from a second party?

If the lein holder didn't authorize a repossession can the person of ownership take charge and collect the vehicle, even if it's paid on time but both parties on reistration are no longer in agreement?

Can the dealership charge you with auto theft if you are in default on your payments?

Not if you are on the title to the vehicle and own it. Whoever holds the loan on the vehicle can repossess the car however if you are late with payments. Contact the lender and work something out. You do not want your car repossess. Credit will be ruined for 7 years, and you will still have to pay the repo fees plus the difference in the balance on the note and what the car brings when they sell it.

Can a car get repossess because of no insurance?

No. Most (99.9%) of the lenders require you to maintain Comp.& collision Ins. on the vehicle the money was loaned for and secured by. If you fail to do this the lender can, and in most cases, will put this Ins. on the vehicle and you will be charged. The charge for Ins. placed on the vehicle by the lender will be quite high, and it is then added to your payment. If you get your own Ins., the lender will cancel the ins. they placed on the vehicle.

Can they charge you storage when they repossess your car?

Yes, along with all other costs of the repo.

Will a reckless driving charge keep you from a cashier position at walmart?

It shouldn't unless the position requires you to operate one of the companies vehicle.

Can you be charge for your personal belongings in the sate of Colorado after your car has been repossess?

They don't charge you for your personal belongings.. they charge you a storage fee. Yep, it's 100% legal.

What If FRC in shipping?

Fuel Recovery Charge

Will you get charged for switching your insurance over from your previous car to your new car?

Most insurance companies do not charge you to switch vehicles, but the rates on the new vehicle will be different based on the year/make/model of the vehicle and what coverages you add to the vehicle.

How much do vehicle storage fees run?

Every place can charge what they want. Check out local tow companies and their fees are as high as they usually get.

If you had the vehicle repossessed and it is listed as a charge off can they now sue you for the balance?

Yes. What happens is that they auction the vehicle. They can auction a vehicle 10 days after they repossess it, not before. They take that money, apply it to the loan. Whatever balance is left is what you are responsible for. One thing you can question, is what the vehicle is auctioned for. They have to make every reasonable effort to sell it for book, they just can't sell it for $10 if it is a $10K vehicle, if you know what I mean. There are guidelines that they have to adhere to.

Can a tow truck company charge you for towing after an accident if they beat your tow truck to the scene and nonconsently take your vehicle?

No, it is a mistake on the companies behalf, not yours.

The Electric companies charge a home on the basis of consumption of?

The electric companies charge a homeowner on the basis of a kilowatt hour.

If you fell behind on an auto loan but continued to make payments on time for a year can the creditor charge off the balance without contacting you?

Yes, even if only one payment is missed the lending agreement is in default. A lender can charge off the account, repossess the vehicle and/or take other actions provided under the state laws.

Can a recovery company charge for retrieving personal belongings in Florida?


If there is an attempt to repossess and you decide to keep the vehicle can they legally charge the customer for the repossession fee?

In most states, yes. Provided the repossession company made a good faith effort to secure the unit, especially if their efforts motivated the borrower to make good on the bad debt.

What the means of companies in french?

Companies translated into French is: entreprises To use in a sentence, e.g. il était en charge des entreprises (He was in charge of the companies)

If the dealership had two of their salesmen come to repossess your car from just across town can they charge you 300 for doing it?

If it's in the contract, yes.

Can you trickle charge a battery without removing it from the vehicle?

Yes, and you can charge it with a full size 10 amp charger without removing it from the vehicle.

Can the recovery agency charge you money to get your things out of the car?

Ralph, they cant charge for "getting your stuff out", they CAN charge for inventory of the stuff and storage. Some states even regulate how much they have to charge.