Collateral Reposession Fees • PUBLIC SECTION • Open Discussion • Fugitive Recovery Network (FRN) Forums
FRN Banner
wordpress-ad





Post new topic Reply to topic  [ 3 posts ] 
 
Author Message
 Post subject: Collateral Reposession Fees
 Post Posted: Sun 10 Jul 2005 21:53 
Offline
Advanced Poster
Advanced Poster
User avatar

Joined: Sun 12 Jun 2005 08:57
Posts: 566
Location: Evansville, Indiana
If there are any repo people out there, what is the average rate one charges a bank for recovering their collateral (car)?

My understanding is a percentage of the note left on the vehicle plus expenses.

_________________
-The Solution-
Indiana Agency #: PI20700211
Indiana Notary Public - Exp: 12/20/13

"Be without fear in the face of your enemies. Be brave and upright that God may love thee. Speak the truth always, even if it leads to your death. Safeguard the helpless and do no wrong. That is your oath."
- Kingdom of Heaven


Top 
 Profile  
 
 Post subject:
 Post Posted: Fri 15 Jul 2005 13:05 
 
The national average for repoing a car is 364.00. The fee varies from bank to bank the minimum local recovery we have completed is $250.00. We consider local within a 30 Mile radius. Anything outside local is additional charge.


There would also be different fees for for different types of equipement such as Heavy Equipment, Boats, Planes, Tractor & Trailors and so on.


Hope this is of some assistance to you!

Good Luck!


Top 
  
 
 Post subject:
 Post Posted: Fri 15 Jul 2005 17:32 
Offline
Advanced Poster
Advanced Poster
User avatar

Joined: Sun 12 Jun 2005 08:57
Posts: 566
Location: Evansville, Indiana
Why Thank You CD!

I was wondering if someone was going to say something LOL.

_________________
-The Solution-
Indiana Agency #: PI20700211
Indiana Notary Public - Exp: 12/20/13

"Be without fear in the face of your enemies. Be brave and upright that God may love thee. Speak the truth always, even if it leads to your death. Safeguard the helpless and do no wrong. That is your oath."
- Kingdom of Heaven


Top 
 Profile  
 
Display posts from previous:  Sort by  
 
Post new topic Reply to topic  [ 3 posts ] 

FRN Forums » PUBLIC SECTION » Open Discussion


Who is online

Users browsing this forum: No registered users and 118 guests

 
 

 
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Fugitive Recovery Network

FRN Forum
Login
Forum
Register
Forum FAQ


directory



ad_here_1




smoke-shop