Harley-Davidson Struggles With Repossessing Bikes From Owners Late
With Payments
Repo men are at odds with Harley-Davidson.
The Milwaukee-based motorcycle maker said it can't find enough agents
to repossess bikes from buyers who fall behind on their payments,
which Harley executives attributed to a shrinking number of
professionals willing to take on the task.
Some repossession companies said Harley doesn't pay enough for a job
that is more complex and dangerous than reclaiming cars--and, like
other lenders, doesn't pay at all if a recovery agent fails to come
back with the goods.
"They expect the work for free, and that's what we're trying to get
away from," said Vaughn Clemmons, who is president of Automobile
Recovery Bureau in Houston and head of the American Recovery
Association.
Harley said it values its relationship with the recovery industry.
https://www.msn.com/en-us/money/news/harley-davidson-struggles-with-repossessing-bikes-from-owners-late-with-payments
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