Posted on 09/04/2009 3:50:03 PM PDT by repoti
With the hard economic times comes the art of stealing cars/motorcycles/boats/campers for a living.No it is not a job that I want my grandchildren to share with thier schoolmates/friends.Most people look down on my proffession,but that is how I pay my bills.I try so hard to be professional about the job(not to bring embarassement to the debtors)I often spend many hours on the phone and knocking on the doors of the the people who promised the bank to pay!Sometimes they co-operate and give me the keys,other times I have to steal it like a thief in the night. Did you know 1 in 10 cars that you see on the road in july 09 was up for reposession?
Hmmmm.....
They tried to sell me a seven year auto loan when I bought my last truck a few years back. Creative financing creates other ‘issues’.
I had a friend in California who came over one night, and announced that he’d become a repo man. I had just bought the first car that I’d ever financed; my hair stood up when he told me. He just stopped by to tell me, because he thought it was pretty cool, and wanted to share. Scared the heck out of me, I thought that there’d been some misunderstanding with the finance company, or something.
Yeah, first post odd vanity. The scent is there but hey...
If it wasn't for repossession being legal, very few people would be able to borrow money to buy things like cars or other such items.
The fact that someone cannot pay for the things for which they borrowed money to buy does not make a person who works in the repossession industry a thief.
One of your “professionals” rode over the lawn of an uninvolved house while repo’ing a truck across the street.
When we hit hard times and I was worrying about one of your “professionals” paying me a visit, I parked the truck on the secure lot at work. One night when my ride was dropping me off, we saw a “professional” lurking across the street. I walked over and told him that I had the vehicle secured, and by the time he did anything about my refusal to hand over the keys, it would be paid anyway. He started ranting and raving about how I was taking money out of his wallet, I laughed in his face, and told him to find honest work. Paid it up the following day.
Professional indeed!
I have a funny story...in Dec of 2003 I was in a bad car accident in my 1998 Honda Accord. I suffered a head injury in the accident and was unable to work for over a year. The car had $7,000.00 worth of damage and the guy that hit my car in the rear while I was stopped hit me so hard the force of my body (I only weigh 125 lbs) broke the drivers seat off the hinges.
Well to make a long story short...due the the fact I was injured and could not work I fell behind on my payments. During this time the car had been repaired by a repair show that did a horrible job (when we went to pick up the car the trunk was filled with water..so they drilled holes in the bottom of the truck and said it was all fixed), so I had to sue them to get the insuarnce money back and have the car fixed at a place that knew what they were doing.
So the repo guy pulls up to my house while the car is at the new repair shop...this guy was ready to drive away with the car. He had the key in hand and was so eager to get my car. I think I only owed about 2000.00 at this point. Well I told him he needed to go rent a U-haul truck and get a bunch of boxes if he wanted the car because it was taken apart in my garage in a million pieces...lol..he left and never came back. Oh and I snatched the key out of his hand before he left. I am so glad they never figured out the car was at another repair shop.
Sorry, sleazy profession capitalizing of the hard luck of others. Necessary, I’ll grant, but it doesn’t mean I have like or respect them..
The life of a repo man is always intense.
You care to chime in here?
Drives up the cost of financing them yes. Unions, regulations, and taxes drive up the cost.
Remember, the more you drive the less intelligent you become.
I've never had anything of mine repo'd because I try pretty hard to live within my means including planning for possible job loss;and if you get in too much debt there is still payment negotiation.
Repo people are made necessary by lenders and salespeople who encourage debtors to buy more car or just more without regard to repayment ability.
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