Where is the auto repossession industry headed in the coming years?

[abra]

With all the turmoil with repo associations, forwarders, rising gas prices, state regulations, rising insurance costs, I am wondering where you guys see our profession in 5 years? 10 Years? 20?

Discuss.

[Sandman]

I think it will get worse, but finally the pendulum will swing in our favor with fair rates and pay for the necesarry job we do.

[vettespd20]

First of all we need companies to STOP accepting orders for 200 bucks a repo. They are killing the industry. A client that pays that little isnt worth dealing with, and its cancer for the industry.

[assetadjusters]

Down.

Just like the landscaping, carpet cleaning and granite counter top businesses.

Too many folks doing it for too cheap.

No way it will just rebound back. Regulations or not.

[Surety]

Complaining

I learned a long long time ago that you should NOT worry about what other companies are doing work for.Instead,contemplate what you need to make a profitable business and concentrate on that.The other will eventually cancel itself out.I see it all the time.Ken