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Smart Shopper Repossession Stories and Questions
101 messages, Last post on Nov 12, 2009 at 9:13 AM
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Replying to: volvomax (Jan 22, 2008 1:38 pm) How do I get a job as a repo person? What would make me qualified? Surely they are not all big muscle bouncer types. Could a female do this job?
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Replying to: carbugs (Jan 22, 2008 12:07 pm) Look for the guy with plaid pants. 
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Replying to: carbugs (Jan 22, 2008 3:12 pm) cactusjacksauto.com |
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Replying to: oldfarmer50 (Jan 22, 2008 3:40 pm)
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Replying to: carbugs (Jan 22, 2008 3:12 pm) I think Discovery Channel had a show about Repo people, and one of them was a female. You've got to be tough though. People were ready to kill repoman/woman when they were towing their car. |
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...to a buy-here-pay-here lot, why not simply buy a cheap older car for cash and be done with it? They are out there if you take the time to look and are not too picky about the car's appearance. Heck, sometimes you can get lucky and find a cheap old car in both great mechanical and cosmetic condition. You might even have friend's and relatives who my want to sell or even give you their old ride. BHPH is a desperate, last-ditch option that should best be avoided.
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Replying to: lemko (Jan 23, 2008 7:14 am) If you buy a car for $500 or $1000, chances are its gonna need a lot of work at some point. I agree that a BH-PH lot is a last resort, but for some people,it is their only real option.
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Replying to: volvomax (Jan 22, 2008 1:38 pm)  ) you still OWE the difference to the finance co/loan company/bank. How hard they come after you or try to collect, I don't know, but I would assume they would report that along with the repo if you don't pay up. Anyone know if they would show up as a double whammy on the credit report or just one big FUBAR? So, to clear that up, your down payment cash would be gone. Now what you going to do?
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Replying to: wlbrown9 (Jan 23, 2008 1:39 pm) No, that repo and chargeoff won't go away. but, if you do re-establish than you can have the privilige of paying 20-25% interest on your next car,instead of just being kicked out of the dealership. Or, you can go to a buy here-pay here, where they hook the car if you miss or are late on 1 payment. |
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Replying to: carbugs (Jan 22, 2008 5:23 pm) So does Bozo the Clown but I wouldn't buy a car from him either. 
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