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What is needed to legally reposses a vehicle in Washington state?
Wiki User
∙ 16y ago
A lot of insurance and bonding. You also need a master business license. Plan on a minimum of the following:
$1 million bond
$1 million liability insurance policy
Secure, bonded storage facility with full insurance.
Most go broke within 3 months as banks and finance companies are VERY loyal and do not try out the new guy. better off buying a company already in business.
Wiki User
∙ 16y ago
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