Or they take out a lien on it and let it ride. Then it shows up on your credit report. At least that’s how he explained it.
-D > On Jun 14, 2022, at 10:29 AM, Kaleb Striplin via Mercedes > <mercedes@okiebenz.com> wrote: > > Shouldn’t matter. If you don’t pay for it and pick it up, they auction it off > and the new owner gets a title for it. > > Sent from my iPhone > >> On Jun 14, 2022, at 12:27 PM, dan penoff.com via Mercedes >> <mercedes@okiebenz.com> wrote: >> >> Correct. Tow company didn’t want it. >> >> -D >> >>> On Jun 14, 2022, at 10:25 AM, Kaleb Striplin via Mercedes >>> <mercedes@okiebenz.com> wrote: >>> >>> So he paid the tow company then sold it to a recycler which almost paid for >>> the tow? In other words he was net negative on it? If that is the case why >>> didn’t he just let the tow company have it? >>> >>> Sent from my iPhone >>> >>>>> On Jun 14, 2022, at 8:28 AM, dan penoff.com via Mercedes >>>>> <mercedes@okiebenz.com> wrote: >>>> >>>> Spoke to neighbor the other day. He sold the car off to a recycler who >>>> went to the impound yard to pick it up. He haggled with the impound yard >>>> and got their price down somewhat. Said the amount the recycler paid for >>>> the remains nearly covered the impound fees. >>>> >>>> Interesting exposure to the seedier side of business. Pretty skeezy if you >>>> ask me. >>>> >>>> -D >>>> >>>> >>>>> On Jun 9, 2022, at 9:57 AM, Kaleb Striplin via Mercedes >>>>> <mercedes@okiebenz.com> wrote: >>>>> >>>>> Yes >>>>> >>>>> Sent from my iPhone >>>>> >>>>>>> On Jun 9, 2022, at 10:05 AM, dan penoff.com via Mercedes >>>>>>> <mercedes@okiebenz.com> wrote: >>>>>> >>>>>> It pretty much appears that if he just walks away from this the yard >>>>>> will take possession of the remains of the truck and do with it as they >>>>>> please. >>>>>> >>>>>> Thanks, everyone! >>>>>> >>>>>> -D >>>>>> >>>>>>> On Jun 8, 2022, at 11:26 PM, Buggered Benzmail via Mercedes >>>>>>> <mercedes@okiebenz.com> wrote: >>>>>>> >>>>>>> I don’t know about Florida but here if a vehicle sits for 30days >>>>>>> (“abandoned”) the yard or mechanic can file a lien and then has to >>>>>>> auction it off. I’m not sure how the title sorts out but I think the >>>>>>> yard gets it from the state, or the buyer gets it somehow. In any case >>>>>>> the auction sale lets them recover something. The original owner is out >>>>>>> of it at that point. If the vehicle is not worth much it’s probably >>>>>>> easiest to just walk away from it and let it be the yard’s problem. >>>>>>> >>>>>>> --FT >>>>>>> Sent from iFōn >>>>>>> >>>>>>>>> On Jun 8, 2022, at 9:34 PM, dan penoff.com via Mercedes >>>>>>>>> <mercedes@okiebenz.com> wrote: >>>>>>>> >>>>>>>> Interesting discussion with a neighbor today that I thought might >>>>>>>> elicit some responses here that could be of value…. >>>>>>>> >>>>>>>> Seems his college aged school son totaled his (the son’s) little >>>>>>>> pickup truck, a 2010-2012 Ford of some sort. Because of the minimal >>>>>>>> value and limited resources of the son, who works in the summer to pay >>>>>>>> his bills, the truck had no collision or comp coverage, so it’s >>>>>>>> essentially a write-off for him. >>>>>>>> >>>>>>>> Sheriff had the truck towed to an impound lot from the crash site. >>>>>>>> Three days in (this apparently happened sometime on Monday) the fees >>>>>>>> at the impound lot are already something crazy, like $650, and of >>>>>>>> course increasing exponentially every day. The son has no interest in >>>>>>>> the remains of the vehicle, and certainly doesn’t have the resources >>>>>>>> to cover the impound fees. I’m assuming he would even have to pay to >>>>>>>> have the wreck hauled off to someplace like CoPart or LKQ, if they >>>>>>>> would even want it. >>>>>>>> >>>>>>>> So the neighbor’s wondering (he’s asking me, because he knows I’m a >>>>>>>> “car guy") if I think the impound place, a private towing firm >>>>>>>> contracted to the County for such services, would just take the title >>>>>>>> to the truck in lieu of the fees. I’m thinking that the scrap value of >>>>>>>> the truck is probably minimal, so even if he did this they would still >>>>>>>> want the balance of the fees they’ve charged to-date. I presume they >>>>>>>> could take a lien on the truck/title, but even if they did that it’s >>>>>>>> still more or less worthless and they won’t get jack out of the kid, >>>>>>>> who has reached the age of majority and is not on anything connected >>>>>>>> to the parents as far as I know. >>>>>>>> >>>>>>>> Let’s also realize that these places charge exorbitant fees as a way >>>>>>>> to rip people off, of course, and I have to believe there are plenty >>>>>>>> of instances where they don’t get a dime. >>>>>>>> >>>>>>>> Anyone encounter a situation like this, or know of one or a resolution >>>>>>>> for it? >>>>>>>> >>>>>>>> -D >>>>>>>> _______________________________________ >>>>>>>> http://www.okiebenz.com >>>>>>>> >>>>>>>> To search list archives http://www.okiebenz.com/archive/ >>>>>>>> >>>>>>>> To Unsubscribe or change delivery options go to: >>>>>>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>>>>>>> >>>>>>> >>>>>>> _______________________________________ >>>>>>> http://www.okiebenz.com >>>>>>> >>>>>>> To search list archives http://www.okiebenz.com/archive/ >>>>>>> >>>>>>> To Unsubscribe or change delivery options go to: >>>>>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>>>>>> >>>>>> >>>>>> _______________________________________ >>>>>> http://www.okiebenz.com >>>>>> >>>>>> To search list archives http://www.okiebenz.com/archive/ >>>>>> >>>>>> To Unsubscribe or change delivery options go to: >>>>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>>>>> >>>>> >>>>> >>>>> _______________________________________ >>>>> http://www.okiebenz.com >>>>> >>>>> To search list archives http://www.okiebenz.com/archive/ >>>>> >>>>> To Unsubscribe or change delivery options go to: >>>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>>>> >>>> >>>> _______________________________________ >>>> http://www.okiebenz.com >>>> >>>> To search list archives http://www.okiebenz.com/archive/ >>>> >>>> To Unsubscribe or change delivery options go to: >>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>>> >>> >>> >>> _______________________________________ >>> http://www.okiebenz.com >>> >>> To search list archives http://www.okiebenz.com/archive/ >>> >>> To Unsubscribe or change delivery options go to: >>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>> >> >> _______________________________________ >> http://www.okiebenz.com >> >> To search list archives http://www.okiebenz.com/archive/ >> >> To Unsubscribe or change delivery options go to: >> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >> > > > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
