The iconic sports car sat at a Torrance tow yard for five months, long enough that the towing company had the right to sell it. The sale allowed the company to recoup its costs for the tow ...

By law, towing companies, storage yards and car repair shops can sell your car to recoup their costs if you don’t settle your debts and pick up your vehicle. It’s known as a lien sale.

An Outlier: Connecticut allows towing companies to sell some people’s cars in just 15 days, ... The tow truck company that ...

For years, a towing company cut the lines at the DMV in exchange for deep discounts on towed cars, according to an internal DMV report, showing the agency’s oversight failures.

But towing companies can get around that rule by selling cars for small amounts so there aren’t any profits left once towing and storage fees are deducted. In the case of the Jeep sold to ...