So, you want to get into the business of private property impounding? It can become a lucrative side of your towing company , but there is much more to private property impound.
Private property impounding is very cutthroat. It’s not like cash calls. The competition is high because you’re out to get as many properties as you can. Not only do you have to have a good way of finding cars, but you may also have to convince properties like apartments that towing cars off their lots is worth the time. Many times, they may be hesitant to tow cars.
Private property impounding— commonly abbreviated as PPI — is cutthroat and competitive, but what goes into running an impound service? Let’s start with the basics. This specialized field of towing is created by those who unlawfully park their vehicles. The impoundment laws, rules, and regulations behind private property impounding vary by state, county, and municipality. So, it’s important to do proper research first to make sure you understand when and where you can tow.
Private property impounding is different than repossessions because people will know their vehicles are up for repossession. Nine out of 10 people won’t know they’re getting towed through PPI. It can be dangerous since altercations are common with those who don’t want their cars towed.
Consequently, liability is a significant factor in private property impounding that towers need to take into consideration on top of car impound laws. When dealing with angry individuals, there is always a chance they’ll try and claim their car was damaged en route to the impound lot.
Taking pictures and noting any existing damage before towing is important. If someone is angry that you’re towing their car, don’t be surprised if they try and get their money back by claiming you damaged their vehicle.
Once you’ve decided to pursue private property impounding, the next step would be to put together a dedicated team to find vehicles and property to tow away. You may also sign a private property impound contract with a police department or business to handle all of their towing needs.
The PPI world can be time-consuming, to say the least. As a result, towers need ways to simplify their day-to-day operations. Using pen and paper, especially in the PPI world, can cause many headaches. Now part of TRAXERO’s software suite of solutions, Omadi provides an all-in-one tool.
On top of the easy organization, TRAXERO boasts a wide range of benefits for users to enjoy. Towers can input hours into the app where drivers cannot tow. If an apartment complex restricts towing from the hours of midnight to 7 AM, for example, drivers would receive a notification from the app if they attempted to tow a vehicle within those hours.
Omadi also does vehicle recognition, which is very helpful. Through pictures towers upload, the software can get the vehicle’s make, model, and color. If the license plate is captured in the photo as well, even the state, year, and VIN of the vehicle are populated. This can help prevent the risk of entering inaccurate vehicle information.
Digital signatures are another major feature of TRAXERO’s software. If you’re a tower in Nevada, Omadi is the only software that is approved in the state for digital signatures.
Software’s role in the PPI industry does not stop there, though. TowSpec , powered by TRAXERO, gives towers a resource to browse by manufacturer and car model to learn about which truck is suitable for which car, tow limits, and even the proper tie down and jacking points. Especially for those new to the industry, TowSpec can relieve a lot of the stress that comes with each job.