A repo truck is used by a repo (repossession) agent to take back an object that has either served as collateral, or was leased or rented in a transaction. Repossession takes place when the lender needs to repossess a property, usually a car or any vehicle, and the borrower avoids such an attempt. This is where the lender, or company, contracts a repossession agency to take back the property in question. Repossession does not have to take place if people pay their loans on time. Due to the uptight economy, more and more vehicles are being towed away from their homes, or even at work. Worse cases emerge when people avoid paying their loans altogether and do not cooperate when the bank starts to take the cars away.
A repo man sometimes uses a normal tow truck or a pick-up truck attached with a boom as a repo truck. But as repossessing of cars get harder, thanks to upstanding citizens, repo men build sturdier, faster, and safer trucks to ensure that the car being towed is secured and their lives spared.
A new towing technology automates truck-to-vehicle hookup, a system made possible by a handheld controlled device. The Automated Safety Hitch pulls a truck and a car in a level and close ground as possible and attaches itself to the car automatically. The system allows the repo man to hook the car in the truck without opening the door and leaving the truck. It also simplifies the process as well as lessening the physical strain. Models of automated safety hitch adds stability and braking power to the truck with available steering axles that can support pin weights up to 8,000 pounds. The economy unit is sold for $5, 900 while the basic unit is available for $7,250, a neat price to pay for such a convenient towing system.
Most accidents do not include irate people but are due to towing equipments and malfunctioning systems. It’s important to have your equipments installed by experienced fabricators and hydraulic experts. Familiarization with emergency release when the equipment malfunctions is necessary to lessen accidents and fatalities.
Before doing a repossession, inspect the tow bar and cables, tighten loose bolts and replace any worn-out parts. Putting a double nut ensures that bolts are sturdy and intact. Always clean the tow bar and cables before making hookups.
During hook up, make sure that you hookup in a flat surface, make sure that your parking brake is disengaged before attaching the safety cables and the electrical cable. Signal and warning lights on both the repo truck and towed vehicle should be functioning well. Lock the towed vehicle’s doors and drive steadily and with care. Always check the tow bar, base plate and cables every time you make a stop to ensure that everything is attached properly. Check for flat tires and brake or bearing problems.
Maintaining an efficient and solid-looking repo truck is not only good for the towing business. It also ensures safe towing of the vehicle and a convenient and hazard-free work for the repo man.