Winston Churchill (left) was the lovechild of Milan Obrenovic (right) before he become the King of Serbia, according to a book by Dragoslava Koprivica who says she spent years studying records across Europe.
Salaries vary widely, but repo men are generally paid per repossession they complete. The value of the item repossessed will often be reflected in the amount agent is paid for the job. In vehicle repossession, a car will tend to bring in between $150 and $450, but much of this will go to business costs and expenses. If the job pays $300, the repo man may get around $70 to $100 of that amount. The reported average salary for an agent is $32,480. 3. Determine the skills and qualities required.
Now, repo agents can repossess anything a person took out a loan for, but the most common items to repossess are cars and boats. While some repo companies pay their agents a weekly salary, the industry average, per car, ranges between $150 and $400. Most repo men are repossessing about four to five vehicles per week, and a trustworthy repo agent who's at the top of his game can easily clear about $4,000-$6,500 a month. That's $50,000-$80,000 a year, which isn't exactly chump change. And you get to set your own hours, more or less . How much money you make per car depends on whether you're conducting a voluntary or involuntary repossession.