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  • #16
    Enlighten me on how to get Ford... Been trying to get them for over 5 years.. Not sure if I did get them I would be happy as its 1 price for everything transport, key, repo, skip etc.. I would be ecstatic to get them I have gotten the run around for years and its usually a very rude person on Ford end and probably the "gate keepers"

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    • #17
      Ford is no longer where its at....

      4+ years ago they were great..Not anymore....

      Ford has a procedure in place to become a vendor and its a process, and its not always quick.

      What have they been telling you when you get the run around?

      Comment


      • #18
        Originally posted by Patriot Recovery View Post
        Ford is no longer where its at....

        4+ years ago they were great..Not anymore....

        Ford has a procedure in place to become a vendor and its a process, and its not always quick.

        What have they been telling you when you get the run around?
        Well for the past 3 years its "we don't need any more agents in your area thanks click" or the usual "email us a packet if we need you we will contact you.


        Honestly The work out here is good real good high 1st run rate etc. I know who has them out here and who has secondary man it would be nice to even be a 3rd stringer lol


        I would love to hear what this process is Ill start on it and make it my 10 year plan

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        • #19
          Originally posted by PRAREPO View Post
          Well for the past 3 years its "we don't need any more agents in your area thanks click" or the usual "email us a packet if we need you we will contact you.


          Honestly The work out here is good real good high 1st run rate etc. I know who has them out here and who has secondary man it would be nice to even be a 3rd stringer lol


          I would love to hear what this process is Ill start on it and make it my 10 year plan

          ok stupid question time when then tell you to email them the packet info do you do it?

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          • #20
            Most companies are not in business to put themselves out of business...you are the competition...why would they help you take business away from them??? In most cases you need to work for another repossessor to get a license,therefore if you did this you would know how to go about getting business and what was needed from watching another business model.....It amazes me that in other jurisdictions you can just wake up one day and decide that you want to open a repossession business as this can be a VERY VERY dangerous business!!.....Just my 2 cents....Ken



            Originally posted by blackdogrecovery View Post
            Could someone please tell me who to contact, and requirements for doing repos for the large dealerships, like Ford, GMAC, etc... We work in S.C. and do repos anywhere. I have called other repo companies for input, and southern hospitality does not apply in this business. I hope I don't offend anyone by the last statement, it has been my experience. We just opened our doors 2 months ago. We are barely getting work. Any suggestions would be greatly appreciated.
            Surety Recovery Service,Incorporated
            Oakland,California
            "The Recovery Specialists"
            Repossessions - Investigations - Bail Enforcement
            1-866-803-7376

            Comment


            • #21
              I TOTALLY disagree!!! Business is business....I have done title loan companies in the past.The money is just as good if not better than ANY other bank...You can actually make more money if you can locate the collateral in question that the other company cannot!!!! Do something different!! Make your company stand out from the rest...I have made MANY MANY repo companies look bad because we produce when others can't!! Most of the time it is just a matter on investing more time into locating the collateral that other busier companies do not!!This obviously adds another $50.00 to $200.00 + ONTO THE BILL!!!

              Originally posted by assetadjusters View Post
              Stay away from Title Loans as well. Waste of time. I don't know what part of country you're in.....But, I'd target small to medium sized credit unions. Let's say those that have around 40,000 members or smaller. These are the easiest to get into. The collection manager is accessible and willing to meet with you. Anything larger and the collection manager will protected by the gate keeper. I'd specifically target credit unions who's members consisted of City Employees, Teachers....Ya know, those with small paychecks. Think about it.

              And, for God's Sake. Tell them upfront that you charge a close. If they say they don't pay one.....Say thanks but no thanks.

              If you have any questions.....by all means. Keep them coming.

              I have no problem helping.
              Surety Recovery Service,Incorporated
              Oakland,California
              "The Recovery Specialists"
              Repossessions - Investigations - Bail Enforcement
              1-866-803-7376

              Comment


              • #22
                Also, make sure you have a durable hold harmless and contract that states that you charge for your time,effort and expense,etc.,etc.,....I do NOT recommend working for companies who expect you to work for free!!That is NOT worth your time!!! Ken

                Originally posted by assetadjusters View Post
                Stay away from Title Loans as well. Waste of time. I don't know what part of country you're in.....But, I'd target small to medium sized credit unions. Let's say those that have around 40,000 members or smaller. These are the easiest to get into. The collection manager is accessible and willing to meet with you. Anything larger and the collection manager will protected by the gate keeper. I'd specifically target credit unions who's members consisted of City Employees, Teachers....Ya know, those with small paychecks. Think about it.

                And, for God's Sake. Tell them upfront that you charge a close. If they say they don't pay one.....Say thanks but no thanks.

                If you have any questions.....by all means. Keep them coming.

                I have no problem helping.
                Surety Recovery Service,Incorporated
                Oakland,California
                "The Recovery Specialists"
                Repossessions - Investigations - Bail Enforcement
                1-866-803-7376

                Comment


                • #23
                  Ford was NOT where it was at then!!! I used to do work for ford years ago( 4+).I was advised then that I was the "only" person in the history of them being in business(according to the auditor) to ever negotiate a close fee for their accounts....Why would I do otherwise...This was when they were in Pleasanton,CA. They were audited by corporate out of Detroit and they stopped that real quick...their loss...not mine!! Ford is Nothing special...we got plenty of calls from their collectors saying that they did not want to lose us,but what do you expect me to do?? Work for free??? NOT! The bottom line is that it all adds up....DO NOT put all of your eggs in one basket!! PERIOD!!! Title loans,credit unions,major institutions?? It all adds up...you can make money on all of them!! Make your own mind up on what works for you!! Ken

                  Originally posted by Patriot Recovery View Post
                  Ford is no longer where its at....

                  4+ years ago they were great..Not anymore....

                  Ford has a procedure in place to become a vendor and its a process, and its not always quick.

                  What have they been telling you when you get the run around?
                  Surety Recovery Service,Incorporated
                  Oakland,California
                  "The Recovery Specialists"
                  Repossessions - Investigations - Bail Enforcement
                  1-866-803-7376

                  Comment

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