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Repossession Services

Overview

If your company is looking to save time and money during the initial stages of the buying process, ProcurementIQ’s Repossession Services procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Repossession Services, such as pricing dynamics, supply chain risks and external demand drivers. Your company will also gain expert negotiation tactics to help gain leverage when working with suppliers.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Repossession Services - Recent Price Trend

In the three years to 2018, the price of repossession services has been climbing at an estimated annualized rate of 1.5%. Prices have been increasing largely due to strengthening demand and rising fuel costs. However, this price growth has been slowed by strong market competition.Demand for repossession services has risen during the past three years in line with aggregate household debt and.

Repossession Services - Total Cost of Ownership

Total cost of ownership for repossession services is high. Buyers frequently end up paying more than the total value of the benchmark price in additional fees when procuring this service. In general, a high total cost of ownership is detrimental to buyers because hidden costs can make it more difficult to budget for purchases.Hidden fees frequently threaten to significantly increase the final.

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About this Report

This report is intended to assist buyers of repossession services. Repossession services include voluntary or involuntary recovery of property used as collateral in a loan agreement. This report focuses on repossession service suppliers that specialize in recovering automobiles, such as cars pick-up trucks, SUVs, recreational vehicles, box trucks or semi-trucks. Many suppliers also offer related services such as skiptracing (locating debtors), debt collection and remarketing recovered property. Providers include local suppliers and statewide and regional suppliers, while typical buyers are commercial banks, credit unions, debt collection agencies, rental car companies and used car dealerships. This report does not include general towing services or other debt collection services.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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