What does the repo agency do to car when they it?

1. The repossessor will find and secure your car. Once the repossession order has been issued, the repossessor will use a variety of methods to find your vehicle, including GPS tracking, license plate recognition, and personal surveillance. Once your car has been located, it will be towed to the repossessor's impound lot.

2. The repossessor will send you a notice of repossession. This notice will inform you of your default and the right to redeem your vehicle. The reinstatement amount consists of the full payment due on your loan, plus any late fees, storage fees, and other associated costs.

3. You will have a limited time redeem your vehicle. The redemption period varies from state to state, but it is typically between 10 and 30 days. During this time, you can pay off the entire outstanding balance on your loan and any associated costs, and the repossessor will return your vehicle. If you do not redeem your vehicle within the allotted time, the repossessor will sell it at a public auction.

4. The repossession agency will sell the car. Once the redemption period has expired, the repossessor will sell the car at a public auction. The proceeds from the auction will go to pay off your outstanding debt, and any remaining funds will be returned to you.