How to Become a Car Repo Man
A Repo man or recovery agent can make $150 to $250 per repossession, according to Pimall.com. The work can be done part time or full time and provides a good source of secondary income. Used car lots, car dealerships, banks and car loan companies regularly require repo man services. Good repo agents should have a steady disposition and good negotiation skills in order to peacefully handle repossessions.
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Instructions
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Locate repossession companies in your area by using online repo agent directories, such as Repo-U.com.
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Call the repossession companies and ask to ride along on a few repossessions. Job shadowing will give you some knowledge of the skills necessary to repossess cars and help you determine whether you have the disposition to pursue repo work. You will see repossessions in process, watch an agent handle the owner and the car and see the follow-up paperwork.
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Ask local agencies if you can work part time as a repo man. Some agencies may hire part-time agents, enabling you to learn everything on the job. In this position, you will likely approach clients for work, research titles, bill clients and perform other office work. Eventually, you can work your way up to performing repossessions.
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Take a repossession class if you cannot find work through a local repossession agency. Recovery Agent School offers an online repo class and Repo-U offers correspondence training. A repossession class will teach you how to trace titles, how to locate missing persons and how to set up a repossession business. You will also learn about professional ethics in the industry.
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Look for full-time repossession work once you have completed a training program. If you have been learning the basics while working part-time, approach your employer and ask to go if you can work full time.
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