Apply whatever applicable reason for a vehicle or vessel to be impounded to a tow lot. Guy has no license, arrested for drunk driving, abandoned on the roadway or seized in a drug forfeiture. Doesn't matter. A tow can easily cost close to $300 bucks even if you try to pick it up a half hour later from a mile down the road. Now a couple days goes by because the guy can't come up with the cash. The tow company doesn't accept credit cards. Some atrocious daily storage fees are added to the bill. The fees aren't regulated or at least they weren't the last time I checked which has been a few years. You get the idea. The bill adds up and sometimes just isn't worth it for the owner to claim ownership.I'm originally from Saginaw, what's going with the auctions up there?
Here in Michigan the municipality signs off on the mechanics lien, or whatever we call it, after the auction if nobody bids/buys to which the tow company no longer has to pay certain fees to the state, the local municipality or anyone else with a vested interest in the vehicle/vessel. This is why they don't actually prefer anything to sell at auction. They would rather sell it later with nobody looking over their shoulder. They've got a good game going on here. That's how it used to be or my interpretation of how it went down anyway. I agree though. Different ball game if the IRS is running the auction.most towing companies file mechanics liens for vehicles they tow in when the owner does not claim the vehicle. this allows them to legally sell the vehicle themselves without an auction.
This is an IRS auction which adds a whole different set or rules/complications to the issue.