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Repossession Stories and Questions



  • oldfarmer50oldfarmer50 Posts: 10,214
    "...legally they can shoot to kill..."

    Wow! Remind me never to walk through your neighborhood. You must live in Texas or one of those other third world countries.

    People can get pretty wild when you try to take their wheels. A few months ago near me a repo man was towing some fella's car and having had enough to drink that he thought he was James Bond, he jumped on the tow truck and got run over, dead.

    I'm not sure I would ask pretty please to a guy like that.

    2015 Mustang GT, 2009 PT Cruiser, 2004 Chevy Van

  • Once attached to the tow truck, possession is ours. We don't have to let anyone in the car after it's chained up. We do sometimes, *if* they ask nicely and we're still taking our pictures and filling out paperwork. But this guy didn't come running outside until the tow truck was driving away and turning the corner. I was driving a Cavalier, not the tow truck, and I'm not going to ask the driver to come back and let the guy root through the car. Tow truck driver would have told me to stuff it. Our wallet-less friend can do like everyone else and come to the shop and get his stuff. I think 60 days before it goes in the dumpster.

    I remember another car we popped, had the guy's wallet in it, we took it from his workplace. He got outside and couldn't find the car, he went back into work and called his lender, they told him to come get his stuff from our shop, too.

    And one more story before I go to bed, I was told one day to get my tail to the shop to pick up a key. I go get this key and our other spotter gets on the radio and tells me where to go. He and I followed this Yukon for 20 minutes waiting for the right time. At one point he pulled into a fast food joint and went through the drive-thru. I pulled across the street into a large gas station and pretended to pump gas. As I was doing that, the debtor pulled into the same gas station and went inside, leaving his truck running. The other spotter guy, parked at the fast food place, ran across the street to me, grabbed my key in case the doors were locked, quickly checked the VIN number of the GMC, hopped in, and committed legal grand theft auto. The other spotter had his wife, who was riding with him, drive his spotter car back to the shop behind him and me. The debtor comes running out of the gas station but we were already on the highway and gone. He called the police of course. One cruiser made a very fast U-turn but did not give chase. My police scanner told the story, as he called into dispatch to say he found the stolen Yukon on the highway, the dispatcher told him it was a repossession and not to engage.

    Very exciting stuff, and I suppose I was lucky not to get shot at, but I drove cabs for a few years in this town and never got shot either. Go figure.
  • tidestertidester Posts: 10,059
    the dispatcher told him it was a repossession and not to engage.

    That means that you coordinate with the police? I'm sure that avoids a lot of potential "misunderstandings" that might not be very pleasant! :)

    tidester, host
    SUVs and Smart Shopper
  • oldfarmer50oldfarmer50 Posts: 10,214
    "...but I drove cabs for a few years..."

    Repo man, cab driver...who are you Batman? You might just have what it takes to be a school bus driver. ;)

    2015 Mustang GT, 2009 PT Cruiser, 2004 Chevy Van

  • wesleygwesleyg Posts: 164
    In my department, the repo companies always called us to inform that they were working a repo, what kind of car, what neighborhood etc. This avoided a great deal of stress on all concerned, and reduced the danger a great deal.

    As far as taking a shot at the supposed auto thief, whether it's a repo or a real auto theft, in Ohio you do that and you're going to be spending a lot of bunk time in prison.
  • the_big_althe_big_al Posts: 1,079
    or at least forget about having a low interest rate....

    I had a "buddy" that I worked with that had several issues. He had a new F-150 base model regular cab and was paying over 600 a month for it. He told me his interest rate was in the high teens.

    At amy rate, I am surprised it was taken after only 1 missed payment. I thought the only places that did that were BHPH places.
  • dtownfbdtownfb Posts: 2,918
    I know if you have a car re-po'ed and the car is sold at auction you are still on the hook for the difference of the original loan and the auction price. Is there a way to find out how much the dealer (Chrysler) sold the car for? My friend's car was re-po'ed two years ago and Chrysler is trying to get the full amount of the loan ($26,000) even though the car was sold at auction. Any help is appreciated.
  • jipsterjipster Louisville, KentuckyPosts: 5,441
    No help here, other than it sounds like your friend is getting screwed.
  • oldfarmer50oldfarmer50 Posts: 10,214
    "...Chrysler is trying to get the full amount of the loan (26000)..."

    Are you saying that your friend owed $26K, Chrysler took back the car, sold it for let's say, $16K and now still wants the full $26K? That doesn't sound legal.

    Have your friend contact Chrysler and ask them to justify trying to make all the extra money. Eventually if they take him to court to recover any money they will have to provide figures of how much they sold the car for and why he still owes so much.

    You say the car was re-po'ed two years ago, why haven't they taken him to court already?

    2015 Mustang GT, 2009 PT Cruiser, 2004 Chevy Van

  • dtownfbdtownfb Posts: 2,918
    Thanks oldfarmer. I'm sketchy on the details and wondered the same thing about this not going to court already.

    I will have him call Chrysler and ask what is the justification for them wanting the full $26k.

    Thanks again.
  • wlbrown9wlbrown9 Posts: 867
    Well, add the repo fees to the difference and if the loan is still 'active' then they may be charging healthy interest and even late fees on the balance. This could be the ugly side of compounding. Just a guess.
  • bulenbulen Posts: 1
    Maybe someone can help me out with this? I sold a truck that they haven't made a payment on in over a month and I'd like to know how to get it back legally cause the truck is still completely in my name.
  • qbrozenqbrozen Posts: 22,099
    Need a helluva lot more info.

    I assume this was your personal vehicle (ie, you are not a salesperson)?
    What do you mean you "sold it" and "they haven't made a payment"? If they haven't given you any money, then I don't think you technically sold it ... you lent it to them.
    Do you know the person? Was it someone you trusted?
    If you have no payment and the title is still in your name, then it is stolen and you could report it as such. Or you could just ask for it back.

    '17 F150 Crew 2.7; '67 Coronet R/T; '14 Town&Country Limited; '09 LR2 HSE. 44-car history and counting!

  • tidestertidester Posts: 10,059
    When you "sold" the truck, did you have a written contract or was it just a handshake deal? You need to have established clear terms for default and if it's not in writing then you just made your life more complicated.

    tidester, host
    SUVs and Smart Shopper
  • oldfarmer50oldfarmer50 Posts: 10,214
    "...they haven't made a payment on in over a month..."

    I'm assuming they made some payments and then stopped, right. If they took it without any money changing hands it is indeed theft, call the cops.

    If they just stopped making payments you might try small claims court. Even if your proof is shaky the court may order the other party to return it.

    You say the truck is still completely in your name. Are you paying for the insurance? Has the title been transferred to the new owner? You could be looking at a heap of trouble if the title has not been switched and there is no insurance.

    What ever you do, don't sit on this. I hate to think some yahoo has an accident in "your" truck and the injured party comes looking for you. :sick:

    2015 Mustang GT, 2009 PT Cruiser, 2004 Chevy Van

  • oldfarmer50oldfarmer50 Posts: 10,214
    I wonder what happened with the truck since the OP never answered any of our questions.

    Maybe he and his buddies did a "baseball bat repo" on the owner. :(

    2015 Mustang GT, 2009 PT Cruiser, 2004 Chevy Van

  • i have a 2006 acura rsx type-s,i got it for my 18th birthday
    back in 06.It seemed my problem started back in May of
    2008 when i gave Honda finance $3000 as a payment and
    i figured that i wouldnt have to give them any payment for
    about 10 months since my lease agreement is $298 a month
    for 3years.My lease is up in Feb09 and i wanted to keep the
    car,but my biggest problem is that i am on workers comp
    because i broke my leg in September and i just got some
    compensation yesterday(friday) and i wired money to honda
    thru westunion yesterday because it was the last day,the rep
    said if i gave 1 month that they wouldnt take the car and
    i guess it was to late because they took the car last nite,well
    i gave it up peacefully to them.They said my account is backed
    from Aug08,i have to call the recovery dept on Monday.I am not
    going to lie but i had about 3 late payments before this.Do u
    think i have to pay them in full before i get my car back or even give it back,
    i probably owe them about $620 for Sep-Oct08.Is it true that i have to do all
    my paywork over again and neg payment options?
  • oldfarmer50oldfarmer50 Posts: 10,214
    Yea, I'll bet you have to get current with all your back payments before they give the car back. I'd bet there are fees related to the repo too.

    Whatever you do, don't just give the car back. If you have a lease I'm pretty sure you will be required to make ALL the payments even if you return the car to the dealer. You just can't walk away from a lease. Even if you die, they will still come looking for the money.

    Good luck.

    2015 Mustang GT, 2009 PT Cruiser, 2004 Chevy Van

  • my son was in repo and now he is in jail for an accident that killed a man for trying to repo a truck,how would i go about getting some repo drivers to testify in court about how these repos can turn into a tradgety?
  • tidestertidester Posts: 10,059
    While you're waiting for a reply here, you may want to have a look at this article which spells out some of the dangers repo men face.

    tidester, host
    SUVs and Smart Shopper
  • micosilvermicosilver Posts: 212
    If a repo guy got killed "for trying to repo a truck" then it was not an accident.
    Accidents don't happen for doing something.
    If I push you for trying to take something, especially something that doesn't belong to you in the first place, you fall and die - that's not an accident, that's murder.
  • Ok so my girlfriend co signed for one of my trucks but otherwise she has nothing to do with it. I am behind trying to catvh up and have been working with finance company and they said they cant stop repo till im caught up. BUT the repo guy keeps going into my girlfriends work and asking here where the truck is. she workd for a doctors office and besided the embarassment she is going to gety in trouble. We have told them over and over she has nothing to do with it beside her signing and to talk to me but they have shown up 4 times in 2 monthes. Can they keep going into her building and office????
  • tidestertidester Posts: 10,059
    That sounds like harassment. You need to contact your state's attorney general.

    tidester, host
    SUVs and Smart Shopper
  • bolivarbolivar Posts: 2,316
    I'm no lawyer, but I think when she co-signed she accepted the same responsibilities as you. Especially having to pay for the truck. That's what co-signing is all about.

    Now coming into her work - that's a question for the state consumer laws.
  • I just had my car Repoed and my question is. Is the repo man allowed to break in to get to the vehicle?
  • ok I know what co sign is and yes she is responsible for it as I am and we are trying to pay the vehicle not to be some [non-permissible content removed] dead beat. just fell on hard times, we are both working.

    But I did talk to the finance company today and according to them once they are told not to come into work they are not allowed and she told the same guy that 3 times but basically they said that a different agent can come in and then she has to tell that agent one time and so on and so on. which is bullsht if you ask me. we are two honest people that have answered our phones for them and paid as much as we could even more sometimes and tried to deal with it. Me or her losing our jobs certinaly wont help

    And as I informed them if they continue to do this I will take legal action and be a prick like them. And I have never called them when they come into her work in fact just the oppisite I have ignored them and only when they came into her work did I do this beacause as I told then once they get a reaction out of me becasue they came there they will continue to do that just to get me to take more action or at least they think I will. Oh and by the way this finance company is Chase auto and as I walked into 7 dealers in 2 days trying to trade the truck in 5 of the 7 sighed ahhhh nooo as sooon as they heard the word Chase according to them they are one of the few NOT working with there customers in this time of economic disaster..

    So if anyone has any other info please let em know Thank you
  • isellhondasisellhondas Issaquah WashingtonPosts: 19,603
    My guess is that they will "pop" that car the first chance they get. These guys are good at their jobs. You will go outside and it'll be gone.

    Have you talked to Chase? If you can work somthing out it may benefit both of you.

    A Voluntary Repossession will look a lot better on your credit report then if they have to physically take it. You may want to consider that.
  • oldfarmer50oldfarmer50 Posts: 10,214
    "...Is the repo man allowed to break in to get to the vehicle?..."

    I don't believe so. I assume you're talking about breaking into you garage or other secure location.

    I would check with the police. They can tell you what repo is allowed to do in your state.

    2015 Mustang GT, 2009 PT Cruiser, 2004 Chevy Van

  • fezofezo Manahawkin, NJPosts: 10,330
    Breaking into private property is one thing. Breaking into the car is quite another. In that case they are working on behalf of an owner of the car - in this case Chase.

    A friend's daughter had he car repo'd. She spent her money on things other than car payments and one night at 2 in the morning the tow truck showed up and took it. The only way to get it back was to pay for it IN FULL. My friend had to bail out her daughter, buy the car outright and have her pay back. To the daughter's credit she did pay it all once mom was the finance company.
    2013 Mazda 5 Grand Touring, 2010 Toyota Prius IV. 2007 Toyota Camry XLE, 2004 Toyota Camry LE, 1999 Mazda Miata
  • dtownfbdtownfb Posts: 2,918
    My guess is the repo company is doing everything within their rights. Watching the repo shows on TV, these guys (and girls) know what they are allowed to do and not do. Legal action is just wasting money you don't have.

    Not unless you cna convince Chase to re-structure your loan, I would consider isell's option. Banks aren't really looking out for consumers.
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