Repo Remarketing

Frequently Asked Questions

Repo Remarketing?
Repo Remarketing is an independent, customer focused, national collateral liquidation partnership, uniting financial institutions with deep industry standard solutions and breakthrough technologies, providing a trustworthy bridge to liquidate more efficiently and profitably.

How would we benefit by using Repo Remarketing?
Lenders want a service where one call will do it all, and with Repo Remarketing, selling repos could never be easier. Their professional service specializes in remarketing repos efficiently, simply and profitably. It allows your staff to manage repo sales with literally just a few minutes a week, allowing for more time on management and/or delinquent accounts. They take care of all the time consuming details of selling repos, from the date of repossession to the sale, including complete post sale results.

We’ve had low sale prices and bad experiences from the sale of our repos, what does Repo Remarketing do differently?
EVERYTHING… They are a specialized remarketing service and represent their clients, not the auction or the buyer. With their 35+ years of experience, you can utilize their extensive resources and experience to maximize your return through the entire process from repossession to sale.

What types of vehicles do they remarket?
Repo Remarketing has access to thousands of weekly cash buyers for Cars, Trucks, Vans, Sport Utility Vehicles, and all types of Recreational Vehicles in GOOD, POOR and SALVAGE condition throughout the United States.

Where are the cars sold?
Economics 101: More bidders = More Money. Repo Remarketing aggressively markets in the private and commercially reasonable environment of auto auctions. With their collective volume, you receive special considerations. This benefits your return, thus increasing your bottom line.

How do we know if we’re getting fair market value?
You receive a comprehensive Vehicle Value and Condition Report for each vehicle. It’s complete with digital pictures, detailed condition reports, and exceptional vehicle value guides. It takes the guesswork from repo pricing, and is an absolute must for auditor reviews.

How does their service work?

Quick: Assign it to them on-line
Convenient: Send your N.O.I.T.S. (private)
Easy: Manage your repos with their comprehensive reports and inventories
Efficient: Let them take care of the rest

In a timely manner, it will be transported and inspected, and you’ll receive your Vehicle Value and Condition Report. They will co-op and consign it to the next appropriate sale. If there is a bankruptcy or a damage claim, the vehicle will be held until you give your authorization to sell. They will ensure it is always secured and protected; and when available for sale, that it is optimally and cost effectively marketed, to ensure maximum vehicle exposure and sale value. In the meantime, you can access complete vehicle status with online Consignor Activity Reports. Once it sells, and provided your title is at the auction, you can expect your check within a few days.

What is cost-effective presentation?
Cost-effective presentation will increase vehicle value and your return. After Repo Remarketing inspects the repo, they determine a specific vehicle disclosure and action plan. A green light mechanical and/or frame disclosure (at no cost to you) will decrease buyer risk and increase vehicle value. When a non-running vehicle is presented in a “Non-Op Sale” all risk goes to the buyer and you’ll get less money. If repairing a starter allows a vehicle to be presented in a running condition, with less buyer risk you’ll get more competitive bids and be certain to cover minimal repair costs, increasing your bottom line. Each repo is unique and is inspected for its optimum cost-effective value, and as a result you’ll get MORE BIDS and MORE MONEY.

Do they remarket at a “private” or “public” sale?
All sales are considered private. In addition, all sales occur “on the block” ensuring an ethical top dollar sale and a commercially reasonable means of liquidating your repossessions.

What about the storage costs?
What storage fees? There are none, unless your debtor redeems their collateral. In that case, they would pay nominal daily storage fees.

What is the most important benefit of Repo Remarketing?
Their clients can best answer this question. Please call Repo Remarketing for a list of references; they’d greatly appreciate the opportunity to earn your business too.

Once It's Repossessed,
We Take Care of the REST!