Park in NYC or Lose Car to Auction
Inhabitants of New York now have yet another incentive to avoid purchasing a car, thanks to a regulation that is barely known but puts them vulnerable to having their automobiles towed off, auctioned and purchased by someone else – all within a period of 10 days.
This extraordinary civil forfeiture practice enables the city to dispose of towed automobiles just 10 operative days following the vehicle’s removal from a towing area. Furthermore, it makes no difference the reason for which your car was apprehended. Had you been obliged to quickly leave the municipality or remain in the hospital for two weeks? The city evidently doesn’t consider this to be pertinent.
If you disregard paying the necessary charge within the mentioned period, then you are certainly bidding farewell to your car forever. On top of that, regrettably one cannot even buy their automobile back at these NYC auctions.
According to the New York Department of Finance, numerous factors may result in a vehicle being towed away. For instance, if a car is found obstructing a fire hydrant or blocking vehicular traffic and also the owner has an outstanding balance of $350 or more in violation fees accrued within NYC, then such a car can be towed away. Unfortunately, the costs associated with getting one’s auto back would be quite high. The initial tow fee could be close to $370 and a storage fee of twenty dollars needs to be paid every day it remains impounded.
It only gets worse if a car that’s being towed in New York City has an old inspection label or tags. If so, you’ll be on the hook for even more dollars in tow charges, since it wouldn’t be lawful to drive it out from the impoundment.
In an unfavorable situation, the expense of regaining possession of one’s vehicle could be in excess of $1,000.
Several reports indicate that the average wage in New York City is approximately $50,000 annually. That computes to roughly $4,166 a month, or $1,041 per week. So, taking back a car one potentially relies on for sustenance, may take as much as a fourth of their salary.
What is the motivation for this brief response time? Plainly stated, New York City does not have enough room to keep impounded automobiles.
Though it is disheartening that NYC has to be so severe, someone else’s misfortune can result in a benefit for you. On the auction website that is accessible to the public, there are numerous NYC towed cars ranging from older models to more recently produced ones, ranging from luxury sedans to even the most unusual New York City ride–a Ram 1500.