United States
US 57276780 | Procurement

Repossession Services in the US Procurement Price, Data and Insights

IW
IBISWorld Research Department
Analyst New York
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.

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What’s included in this market coverage

IBISWorld's research coverage on the Repossession Services procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.

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About this Market

What’s this procurement report about?

This procurement coverage of the Repossession Services market in the United States includes Automobile Repossession and Skiptracing. Standard coding in this coverage includes ISIC-8299-Other business support service activities n.e.c., NACE-82.99-Other Business Support Service Activities N.E.C., NAICS-561490-Other business support services and UNSPSC-84101705-Repossession services.

What common market terminology is included?

Common market terminology included in the Repossession Services procurement coverage includes Debtor (An individual that owes a debt to another entity.), Per-Mile Fee (A fee imposed by repossession service suppliers to recoup the cost of fuel. The fee is based on the number of miles driven during the service.), Skiptracing (The act of using various sources of data to obtain the location of a debtor to collect on their debt.) and Hold Harmless Agreement (A document signed by the buyer that indemnifies the repossession service provider and functions as the contract for the business relationship. This document also contains information about the vehicle to be repossessed.).

What companies are included as top suppliers?

The top companies covered in the Repossession Services procurement report as suppliers are Speedy Repo, Resolution Management Group, Primeritus Financial Services, Inc., Nationwide Repo and National Asset Recovery Specialists Inc..

Opportunity Assessment

What’s included in the Opportunity Assessment chapter?

The Opportunity Assessment chapter provides a comprehensive market analysis of the Repossession Services market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.

The market pricing trends include the Market Price (2026) per vehicle, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.

Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Repossession Services market environment.

Buyer Power Score

What’s included in the Buyer Power Score chapter?

The Buyer Power Score chapter assesses key components impacting Repossession Services procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.

These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.

Price Environment

What’s included in the Price Environment chapter?

The Price Environment chapter covers detailed pricing analysis and datasets on Repossession Services market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.

Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.

Supply Chain & Vendors

What’s included in the Supply Chain & Vendors chapter?

The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Repossession Services market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.

Business Requirements

What’s included in the Business Requirements chapter?

The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.

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Frequently Asked Questions

What is the current market price for Repossession Services?

The 2026 benchmark market price for Repossession Services is $419 per vehicle. Prices have increased at a CAGR of 0.24 from 2023-26.

Who are the top vendors in the Repossession Services market?

The top vendors in the Repossession Services market include Speedy Repo, Resolution Management Group, Primeritus Financial Services, Inc., Nationwide Repo and National Asset Recovery Specialists Inc..

What industries supply the Repossession Services market?

The top industries supplying the Repossession Services market are Truck Dealers in the US, SUV & Light Truck Manufacturing in the US, Gasoline & Petroleum Bulk Stations in the US, Petroleum Refining in the US, Office Supply Stores in the US and Art & Office Supply Manufacturing in the US.

What is the supply chain risk for Repossession Services?

Highly fragmented supplier base increases negotiation leverage for buyers. The repossession services market in the United States has a low market share concentration, with around 4,400 suppliers and the top four accounting for less than 30% of total revenue. This fragmentation enhances buyer power, allowing buyers to solicit competitive bids and leverage alternative suppliers for improved pricing and service terms. Buyers should leverage this dynamic during negotiations, driving down costs and building flexible vendor rosters to mitigate dependency risk.

What factors affect the price of Repossession Services?

Repossessions are typically considered voluntary or involuntary, in which the former involves the borrower voluntarily relinquishing their vehicle following the inability to pay the lender. Involuntary repossessions are priced higher than voluntary services due to the increased risk of recovery failure and the added difficulty of locating the vehicle.

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