How much to repossess heavy equipment?

The cost to repossess heavy equipment can vary depending on the type of equipment, its location, and the towing distance. Here are some general guideline for the cost of repossessing heavy equipment:

- Tow Truck: The cost to hire a tow truck to repossess heavy equipment can range from $150 to $350 per hour, with an average cost of $250 per hour.

- Transportation: The cost to transport the equipment from the repossession location to the storage facility can range from $1 to $5 per mile, with an average cost of $3 per mile.

- Storage: The cost to store heavy equipment can range from $25 to $50 per day, with an average cost of $35 per day.

In addition to the above costs, there may also be additional fees associated with repossession, such as late fees, administrative fees, and legal fees. It's important to check with the lender or repossession agency for the exact costs associated with repossessing heavy equipment.