ZipRecruiter

Log In

1

Vehicle Repossession Jobs in Connecticut (NOW HIRING)

All JobsVehicle Repossession JobsVehicle Repossession Jobs in Connecticut

Vehicle Repossession information

See Connecticut salary details

$9

$22

$36

How much do vehicle repossession jobs pay per hour?

As of Sep 12, 2026, the average hourly pay for vehicle repossession in Connecticut is $22.66, according to ZipRecruiter salary data. Most workers in this role earn between $16.40 and $25.57 per hour, depending on experience, location, and employer.

What is vehicle repossession?

Vehicle repossession is the process by which a lender or leasing company takes back possession of a vehicle from a borrower who has defaulted on their loan or lease agreement. This usually happens when the borrower fails to make required payments. The repossession process is typically carried out by licensed repossession agents who locate and retrieve the vehicle, often without prior notice to the owner. After repossession, the lender may sell the vehicle to recover the outstanding loan balance. Laws and procedures regarding repossession can vary by state and country.

What is a vehicle repossession job?

When someone is behind on their car payments or stops making payments altogether, the car lenders may repossess the vehicle as compensation. Vehicle repossession jobs include workers involved in the process of recovering the car to recoup some of the debt. Repossession agents attempt to contact the customer, find the car, and handle the paperwork to take the car back for the car lender. Once they locate the vehicle, the repossession agent contacts a tow truck driver to take possession of the car and move it to the location allocated by the lender. Both positions allow you to work as an independent contractor or on the staff of a repo firm.

What are the key skills and qualifications needed to thrive as a vehicle repossession agent, and why are they important?

To thrive as a Vehicle Repossession Agent, you need a valid driver's license, knowledge of repossession laws, and often a high school diploma or equivalent. Familiarity with GPS tracking systems, skip tracing software, and compliance certifications like CARS (Certified Asset Recovery Specialist) are typically required. Strong negotiation, conflict resolution, and stress management skills help agents navigate challenging interactions and handle high-pressure situations. These skills and qualifications ensure lawful, efficient, and safe recovery of assets while minimizing risk and maintaining professionalism.

What are some common challenges faced by vehicle repossession agents, and how can they be managed effectively?

Vehicle repossession agents often encounter challenges such as difficult interactions with vehicle owners, unpredictable schedules, and operating in various weather and neighborhood conditions. Effective communication skills and a calm, professional demeanor are essential when handling confrontational situations. Agents also rely on teamwork with dispatchers and other agents to ensure safety and efficiency, and many companies provide training on conflict resolution and legal compliance to help manage these challenges.

What is the difference between Vehicle Repossession vs Vehicle Recovery Specialist?

AspectVehicle RepossessionVehicle Recovery Specialist
CredentialsDriver's license, repossession trainingDriver's license, recovery training
Work EnvironmentLoan offices, repossession sites, public roadsAccident scenes, private properties, public roads
Industry UsageFinancial institutions, lendersInsurance companies, towing services
Common Search IntentRepossessing defaulted vehiclesLocating and retrieving vehicles after theft or breakdown

Vehicle Repossession involves retrieving vehicles from borrowers who default on loans, often working with lenders and following legal procedures. Vehicle Recovery Specialists focus on locating and retrieving vehicles, including those involved in theft or accidents, often working with insurance companies or towing services. While both roles involve vehicle retrieval, repossession is more about legal recovery for lenders, whereas recovery specialists handle broader vehicle retrieval tasks.

How to get a job repossessing cars?

To work in vehicle repossession, you typically need a high school diploma or equivalent, a valid driver's license, and a clean driving record. Employers often require training in repossession procedures, and some states may require a license or certification; physical fitness and good communication skills are also important. Gaining experience in security or collections can be helpful for entry into this field.

Is it hard to become a vehicle repossession driver?

Becoming a vehicle repossession driver typically requires a valid driver's license, a clean driving record, and sometimes a background check. The job involves physical activity, knowledge of legal procedures, and often requires training on repossession laws and safety protocols, but it generally does not require formal higher education.
More about Vehicle Repossession jobs

What are the most commonly searched types of Vehicle Repossession jobs in Connecticut?

The most popular types of Vehicle Repossession jobs in Connecticut are:

What are popular job titles related to Vehicle Repossession jobs in Connecticut?

For Vehicle Repossession jobs in Connecticut, the most frequently searched job titles are:

What job categories do people searching Vehicle Repossession jobs in Connecticut look for?

The top searched job categories for Vehicle Repossession jobs in Connecticut are:

Vehicle Repossession jobs near you
Infographic showing various Vehicle Repossession job openings in Connecticut as of September 2026, with employment types broken down into 98% Full Time, and 2% Part Time. Highlights an 92% In-person, 2% Hybrid, and 6% Remote job distribution, with an average salary of $47,141 per year, or $22.7 per hour.

Repossession and Remarketing Specialist

Cheshire, CT

Ion Bank
Commercial Banking • 201 - 500 employees
Learn more about Ion Bankexternal

$45K - $61K/yr

Full-time

Life, Retirement, PTO

Posted 8 days ago

Job description

Who We are:

At BCIon, a divison of Ion Bank, we pride ourselves on providing exemplary customer service and building lifetime relationships by partnering with our customers to identify and achieve their financial goals. We are passionate about our Service Standards and live by them every day.

As a result of Ion’s continued growth, the bank consistently provides robust and diverse development programs for its employees with a goal of personal expansion. Not only does Ion prioritize its internal team but additionally values the communities that the employees serve. The bank consistently encourages volunteerism from its employees to support customers and beyond. Apply now to join the Ion community!

Who we are seeking for this role:

The ideal candidate will demonstrate and encourage high standards of behavior that is consistent with Ion’s service Philosophy of Safety & Security, Accuracy, Responsiveness, Friendly, Personalized Service. Consistently demonstrates a strong commitment to Ion, willing to go “above and beyond” whenever necessary. This individual thrives in an environment that encourage teamwork and promotes inclusion by working with a variety of people.

As a Repossession and Remarketing Specialist you are responsible for:

Managing the end-to-end repossession and liquidation process for defaulted collateral. This role oversees the assignment of repossession agents, ensures regulatory compliance and consumer notification, coordinates asset condition reporting and transportation, manages remarketing activities through auction partners, and facilitates rebate recovery and charge-off completion.

Responsibilities:

Repossession Management

  • Assign vehicles for repossession using Recovery Database Network (RDN), selecting appropriate agents based on geography, performance, and compliance history.
  • Identify and confirm applicable fee structures for each repossession agent prior to assignment.
  • Actively monitor and follow up on open and active repossession accounts to ensure timely resolution.
  • Place accounts on hold when required due to bankruptcy, disputes, payment arrangements, or management direction.

Regulatory Compliance & Consumer Notifications

  • Prepare and send all required customer notifications via certified mail, including:
    • Notice of repossession date
    • Location of the repossessed vehicle
    • Instructions for redeeming the collateral
  • Issue secondary notices, including “Plan to Sell” or post-repossession notices, in accordance with applicable state and federal regulations.
  • Maintain accurate records of all notifications to ensure compliance and audit readiness.

Condition Reports & Asset Movement

  • Coordinate and obtain vehicle condition reports from repossession agents in a timely manner.
  • Arrange and track transportation of repossessed vehicles to the appropriate auction or liquidation destination.
  • Ensure vehicles are safeguarded and handled in accordance with company standards during transit and storage.

Remarketing & Auction Coordination

  • Notify auction partners of incoming vehicles to be sold on consignment.
  • Coordinate auction scheduling and ensure all required documentation is complete prior to sale.
  • Provide auction partners with floor bids and pricing guidance as required.
  • Monitor auction results and identify follow-up actions when vehicles do not sell as expected.

Appraisals & Valuation

  • Coordinate the ordering of vehicle appraisals when required based on asset value, condition, or regulatory guidelines.
  • Review and analyze appraisal data to support pricing decisions and loss mitigation strategies.

Product Cancellations & Rebate Recovery

  • Cancel all rebateable products associated with repossessed vehicles, including but not limited to:
    • GAP insurance
    • Extended warranties
    • Service contracts
  • Track and follow up on all rebate submissions to ensure funds are received in a timely manner.
  • Apply rebates accurately to accounts to facilitate charge-off completion.

Charge-Off Support & Reporting

  • Ensure all repossession, sale, and rebate activities are completed and documented to support final charge-off.
  • Maintain accurate records and update internal systems with repossession status, sale proceeds, and rebate activity.
  • Assist management with reporting, audits, and loss analysis related to repossession and remarketing activities.

Education and Qualifications:

  • High school diploma or equivalent required; associate’s or bachelor’s degree preferred.
  • 2+ years of experience in collections, repossession, asset recovery, or automotive remarketing strongly preferred.

Benefits:

  • 401k and Employer Match
  • Life Insurance
  • Disability
  • Educational Assistance
  • Wellness Programs
  • Employee Assistance Program
  • 15 Paid Time Off Days (Will be tailored to level)
  • 11 Paid Holidays
  • Job Shadowing
  • Volunteer Opportunities

Ion Bank is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, or veteran status.

Apply