Impound management and repossession is often a challenging task. The impound management process is tedious and many times is a multi-step and multi-platform procedure that requires specialized expertise to handle effectively. To make matters worse, impound yard operators are difficult to deal with. There are many issues involved when it comes to recovering an impounded vehicle, and different strategies to solve them.
This infographic highlights five strategies to effectively improve your net recoveries on impounded vehicles.
- Effective VIN Monitoring
- Knowledge of local rules and regulations
- Proper Vehicle Inspections
- Rapid Impound Recovery
- Insurance Related Claims
For more information on these strategies or how to improve impound recovery, read our article titled “Improving Financial Results From Impound Recovery”.