This SIG Member is a US-based financial institution and is seeking pricing information related to vehicle repossessions. They're interested to know if their current contract reflects market pricing.
Do financial institutions contract for all-in pricing, i.e., involuntary repossession fee + skip tracing fees + fees to have keys made or do most banks have an a la carte pricing model whereby they pay a unit fee for the repossession and the ancillary fees that apply to each situation are billed?
Any other details are appreciated.
If you wish to remain anonymous in your response (or prefer to discuss with the Member directly), please email Mary at mzampino@sig.org.
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This SIG Member is a US-based financial institution and is seeking pricing information related to vehicle repossessions. They're interested to know if their current contract reflects market pricing.
Do financial institutions contract for all-in pricing, i.e., involuntary repossession fee + skip tracing fees + fees to have keys made or do most banks have an a la carte pricing model whereby they pay a unit fee for the repossession and the ancillary fees that apply to each situation are billed?
Any other details are appreciated.
If you wish to remain anonymous in your response (or prefer to discuss with the Member directly), please email Mary at mzampino@sig.org.
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