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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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∙ 13y ago
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How do you get your car back from a repo when you are only 3 days late?
You pay the LENDER what you are behind and the repo fee and go get it.
Can a lender charge a fee for a repo vehicle without showing proof of collection or how fee was calculated or if they drove the car does that fee have to be disclosed in contract?
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If you found your repo'd car in a mall handicapped parking space and reclaimed it as well as making good on the loan can you legitimately be charged a repo fee 2 years later?
Well now, you state that it WAS repoed, so yes you can be charged a repo fee for a repo performed.
Can cars with on-star be detected by the repo man?
They can for sure be detected by GM. I would doubt a repo man would have that capability unless they are working for GMAC.
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.
Is there a fee to retrieve your possession from the repossessed car?
The repo agency will likely charge a "storage fee" for those items when you go to get them back.
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 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.
If your car was repossessed for a payment that the finance company forgot to record are you still responsible for the repo fee?
IF you were NOT in DEFAULT, then it was a wrongful repo and you shouldn't have to pay. Call a local attorney NOW.
Are you required to pay the repossession fee in Texas?
Yes, you are required by your contract to pay any fees applicable to your account. You will pay the repo fee either by paying directly to the repo company before you redeem your vehicle or the bank will pay the fee and it will be added to the balance owed. So, either way, you will pay it. Check your finance contract.
If there is a repo fee on your account does that mean they are trying to repossess your car?
Good question...how did you find out about the repo fee?? Have you been repoed before?? Are you in default now?? If you're not in default, dont worry about it, hope they repo it so you can sue them.... IF you ARE in default, pay up today Yes that is what it means. If you were behind on your payments and didn't call the lender to work out a deal before a repossession order was issued, Then you payed before a repo agent picked it up you are responsible to pay the repo fee and the lender is responsible for calling off the repo. If you have payed and the lender failed to call the repo agent and you get repoed you can bring up ''wrongfull repossession charges'' and that falls on the lender. In your signed contract you agreed to this and so did the lenders. The above response is incorrect THE LENDER CANNOT CHARGE YOU FOR SOMETHING (a repo in this case)WHICH HAS NOT TAKEN PLACE !!!!!!!!!!!!!!!!!!!!!!!!!! IF they try too.... SUE them and there "agents"
Is it legal for a repo company to charge a storage fee to retrive personal property from the car in Nevada?
Yes, it is generally legal for a repo company to charge a storage fee for retrieving personal property from a repossessed car in Nevada. However, the amount and terms of the storage fee should be stated in the contract or agreement between the repo company and the vehicle owner. It is advisable to review and understand the terms and conditions before engaging with the repo company.
