When you think of a “repo man,” you probably imagine a crew hunting down late-model sedans with a tow truck, hauling away vehicles with infant car seats in the back while tears stream down the struggling deadbeat’s face. Orlando-based repo man Ken Cage used to do that work, but found that it was bad for his soul. So he got into a different business: recovering private planes and yachts from the overleveraged 1%. [More]
Edward leased a Mercedes-Benz, only to wake up two weeks later to a tow truck taking it away. It was the repo man. And when he comes, he doesn’t leave empty-handed. [More]
Tim fell behind on his car payments, then made one big payment to get all caught up. The next day, Hyundai Motor Finance Company repossessed his car. [More]
Watching this clip of a high-rolling lady who has to remove all her bags of designer clothing from her fancy Range Rover before it gets repossesed made my day. Schadenfreude so good. Even when I learned that Operation Repo is a faux reality show where they do re-enactments of real repossesion stories, it’s still all good, especially because of when the real reposesser says that if it weren’t for his kind, no one would be able to afford a car. Food for thought.