Fair-Market Prices For Your Totaled Cars
Before you call a tow yard to take your vehicle, make sure you understand what average tow yard storage fees look like and what you can expect to be charged. WeBuyTotaledCars has the answers.
Fair-Market Prices For Your Totaled Cars
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Your car getting towed is never a cause for celebration.
Not only are you in the hole because you have to pay for the tow itself, but you also end up paying for your car sitting in the tow lot in the form of “storage fees.”
The one thing we can all agree on about fees: if left unattended, they’ll add up — sometimes to more than your car is even worth.
But how much do tow yards actually charge for storage?
The average tow yard daily fee ranges from $20 to $40 per day for storage.
Combined with the initial tow charge ranging anywhere from $70 to $150, you can expect to pay nearly $200 simply for one day after your car’s been towed.
Understand, however, that these fees can differ by place: within the city, you may end up paying less on average since the tow yards within the city are typically beholden to city contracts.
Out in rural areas, expect the costs to trend 50% higher at least.
There’s a wide range on what towing companies can charge for and how much your final bill will be. But what creates all this variability?
When you get towed, the fees that you’re paying for usually end up being the “hook-up” fee as well as the cost per mile that the truck had to travel to your vehicle and back to their yard.
On top of those fees comes the additional storage fee if they have to tow your car to their lot (as opposed to a mechanic or junkyard).
Additionally, there are fees that are factored in dependent upon where you live and whether you’re calling during or after business hours:
Being able to negotiate towing fees largely depends on where you live.
Some states and counties have rules in place that result in a fixed towing and storage price (depending on your car type).
If you need to negotiate here are a few things you can do:
While there’s some differences from state-to-state, the average time that a tow company will keep your car before selling it is 30 days.
After that month, if you haven’t paid the storage and towing fees, the company can recover the charges by auctioning off your car.
If your vehicle is involved in any illegal activity, the tow company can hold it for as long as the authorities need to conduct their investigation.
Staying on top of when your car becomes available for you to recover is solely your responsibility, so keep the tow yard on speed dial!
Before you consider getting your car towed, think about WeBuyTotaledCars for a second.
We’ll provide you with a quote for your less-than-perfect vehicle and send out one of our partners in your area to retrieve it — FREE of charge.
Tow yard storage fees will suck the money right out of your bank account while you figure out what to do with your totaled vehicle.
Avoid the hassle of that drain by contacting WeBuyTotaledCars today!