I’M DONE! – Final Words from an Agency Owner

EDITORIAL

As the repossession industry continues to experience downward price pressure and continuous unreasonable demands from lenders and forwarders, we are saddened by the closing of yet another repossession agency. Below is a recent post made by the owner of one such agency.

 

Fellow owners I’m DONE. I got in this business when I was 21 years old and was getting paid MORE per repo, fuel was .88 cents a gallon insurance wasn’t even ten thousand per year and a brand new rollback was $52k. Trucks are now $100k fuel is 2$ @ a gallon, insurance is $60k and repo fees are down and now they have stripped us of any way to earn.

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Go Green $ave On Fuel Cost

icom_demo

Detroit Wrecker brings another industry changing product. Proud to announce we are an official Icom dealer. We chose to represent Icom due to the patented Liquid Propane Injection System they use. Not the typical CNG or Vapor Propane Systems we are already used to seeing. This system is radically different.

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