Taking Steps To Have Your Car Towed Successfully

About Me

Taking Steps To Have Your Car Towed Successfully

There aren't many things that are more frustrating than dealing with a car that has developed sudden and illusive problems. You might wonder how to stay safe on the freeway or where you should pull over. My husband has worked in the towing industry for many years, and I could tell you funny, scary, and confusing stories about decisions drivers have made for him in the past. I want to make the world a safer place for tow truck drivers, which is why I created this blog. Read on to learn interesting tips for roadside safety, so that you don't find yourself in the same situation I did.

3 Things To You Need To Know If Your Car Is Going To Be Repossessed

If you have not been able to make payments on your vehicle for some time, and the bank has given you ample warning, your vehicle may get repossessed. Here are three things you need to understand and do if your vehicle is going to get repossessed.

#1 Clear Out The Car

The first thing you need to do once you know that your vehicle is going to be repossessed is remove all of your personal belongings from the vehicle. Although you still have the legal right to remove your personal belongings after the it has been repossessed, it's still a good idea to remove everything beforehand to ensure that nothing happens to it. The company that repossess the car doesn't have to protect your belongings, they just have to log everything in the vehicle.

If you carry around a lot of stuff in your vehicle like many people do, this can ensure that you don't lose out on any nice items you have in your vehicle.

Also, if you have added any aftermarket equipment such as stereos or expensive rims to your vehicle, take the advance warning as an opportunity to remove this equipment.

#2 Don't Junk Up Your Vehicle

Second, do not take "revenge" on the bank by wrecking or junking up your vehicle. You should not try to vandalize the vehicle in any way. This is actually going to hurt you, not the bank or lender that provided you with financing. Once they repossess the vehicle, they will then put it for sale at an auction. All the proceeds of the auction will go towards the balance that you owe. If you wreck or vandalize the vehicle, the value of the vehicle will be lowered and it will most likely get a lower price at auction, thus increasing your overall debt that you will still owe the lender.

#3 Don't Hide The Vehicle

Finally, don't hide the vehicle from the repossession company. Doing this will actually only hurt you. The longer and more effort the repossession company has to put into finding and taking your vehicle will actually only add to your bill. The cost of repossessing your vehicle will be added to the total debt that you owe the lender. Being evasive with your vehicle will actually only add on to the overall cost that you owe and will not benefit you in any way.

If your vehicle is being repossessed, don't fight it if you don't have the money to pay off the loan. Remove your personal belongings and any upgrades you made to the vehicle, and don't ruin or hide your vehicle as this will only add to what you owe.  Companies like Michael's Towing & Recovery can offer more information about towing your car.