How Do I Start A Repossession Business In Michigan? Be 18 or older. Have a high school diploma or GED. Have 6 months experience working in repossession. Pass a state exam. Obtain a surety bond for at least $5,000. How much does it cost to start a repo business? Costs to Start a Repo Business
How Much Does It Cost To Start A Repo Business? Costs to Start a Repo Business Plan to spend $80,000 or more on a new truck, which brings startup costs to $90,000 or more. If the startup costs of purchasing multiple trucks is too great, consider starting on a smaller scale with one vehicle or
How Much Do Repo Tow Truck Drivers Make? The average salary for a tow truck driver is $24.30 per hour in California. 653 salaries reported, updated at April 7, 2022. How do I start a repo business? Familiarize Yourself With Local Repossession Business Laws. … Get Your Financing Together. … Apply for your Repossession and