# How much does it cost a bank to repo and auction a vehicle?

**URL:** <https://boards.straightdope.com/t/how-much-does-it-cost-a-bank-to-repo-and-auction-a-vehicle/348543>\
**Category:** About This Message Board\
**Created:** [March 16, 2006, 1:04am UTC](https://boards.straightdope.com/t/how-much-does-it-cost-a-bank-to-repo-and-auction-a-vehicle/348543 "2006-03-16T01:04:10Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![ArnoldIsNumeroUno](https://avatars.discourse-cdn.com/v4/letter/a/dec6dc/32.png) [@ArnoldIsNumeroUno](https://boards.straightdope.com/u/ArnoldIsNumeroUno)\
**Post date:** [March 16, 2006, 1:04am UTC](https://boards.straightdope.com/t/how-much-does-it-cost-a-bank-to-repo-and-auction-a-vehicle/348543/1 "2006-03-16T01:04:10Z")

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When you surrender a vehicle to the bank, what does it generally cost the bank in terms of fees and expenses to repo and sell the vehicle, and generaly how much of the actual value do they get at the auction?

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**Author:** ![Rico](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/rico/32/3582_2.png) [@Rico](https://boards.straightdope.com/u/Rico)\
**Post date:** [March 16, 2006, 1:14am UTC](https://boards.straightdope.com/t/how-much-does-it-cost-a-bank-to-repo-and-auction-a-vehicle/348543/2 "2006-03-16T01:14:35Z")

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\<mod\>

closed due to duplicate of thread in GQ.

**Arnold** , if you make a mistake in posting, please don’t just duplicate it elsewhere. Report it to a friendly passing Mod and we’ll move it for you.

\</mod\>