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Tool box trade in issue

Roots

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Oct 31, 2010
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Not to side track, but my curiosity is really intrigued. Could someone pm me on how a tool company can repo a tool box or tools? I'm really curious and a bit befuddled about how that's even legally possible.
 
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cvcman

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Not to side track, but my curiosity is really intrigued. Could someone pm me on how a tool company can repo a tool box or tools? I'm really curious and a bit befuddled about how that's even legally possible.

They cannot legally take the tools UNLESS they are also owed on...when you sign with Matco. So or any other truck brand you agree to pay...I know a guy that stiffed the Matco guy and lost his job...sold the box on CL and told the Matco guy who he sold it to...the Matco guy went to the dealership where they guy worked with the police and the contract with the ser #and unloaded the guys tools and took the box !
The buyer was out 4k

Te tools are paid for by the sales guy BUT the boxes are the companys
 

neophyte

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Ok, well the thing is, this box was financed thru snap on credit, which was the only way to buy it thru the school.. so does the dealer I work with at my dealership still have the authority to later take payments for it..? I would prefer to just pay him off for the balance rather then have it repo-ed and possibly lose my tools. Just how would he know how much the balance on the box itself is? if my roomies account has a balance of $6500 and the box was only $2295 before financing, I paid him $1000 so far, the rest I counted off as the rent he owed me for a few months. If I could work out a deal with the SO guy I work with, I'd be happy too.. but I don't wanna burn myself too early if he wouldnt be able to do anything for me. I sure as hell don't need any criminal charges for stolen property. I'll cut my losses asap if need be, but I just want an easier way out & to have a damn toolbox. It's a classic 78 and for christ sakes it's already packed beyond all hell. I have no more space... A HF box will not fit all my tools.

From what you're saying you sound like your trying to be honest about the box. Legally I don't think the Snap-On dealer can take the box with your tools unless he has reason to believe the tools were also belong to the same guy as the box and money is still owed on them. You might want to make complete documentation on all tools and other items in the box for legal reasons. You might want to also see about having some sort of "backup storage to put the tools in case the dealer does come to repossess the box, preferably something lockable even if it's a duffel bag or two.

You might also want to check with a lawyer if you can afford one. Alternately you could try sending certified letters to both Snap-On and the dealer asking the status of the box. Specifically ask if money is still owed on the box, and if so how much. You might want to explain that you purchased the box thinking that it was in the clear and if it wasn't you would like documentation. Snap-On will have to get back to you in a specific amount of time.

As far as the box goes it isn't a new box anymore. Unless Snap-On wants to make an example its better for them to work out a deal. Getting clear title to it should probably be done before you try to trade the box in though.
 

Skyline

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If your roomie's balance was $6,500, then if you return the box to Snap-on, it will not satisfy the loan, and will not get you anything on trade in. You are out the $1,000 and the rent money. There's really not much choice but to hand in the box and leave Snap-on to chase your roomie.

Assuming you have the cash to buy a another box, buy a nice used toolbox, and be done. If you don't have the cash, ask your Snap-on dealer to help you find a nice used box, that he can finance for you. Since you've done him a huge favor by helping him to repossess your roomie's box, there's a very good chance he will let you hang on to your roomie's box until he finds you a bigger used box to upgrade into.

At your age, you've got to resist the temptation to get too much into debt to the tool truck...try to keep that to the absolute minimum. Do not be tempted into selling your soul to get that massive Epiq.
 

blackz26

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Ok, well the thing is, this box was financed thru snap on credit, which was the only way to buy it thru the school.. so does the dealer I work with at my dealership still have the authority to later take payments for it..? I would prefer to just pay him off for the balance rather then have it repo-ed and possibly lose my tools. Just how would he know how much the balance on the box itself is? if my roomies account has a balance of $6500 and the box was only $2295 before financing, I paid him $1000 so far, the rest I counted off as the rent he owed me for a few months. If I could work out a deal with the SO guy I work with, I'd be happy too.. but I don't wanna burn myself too early if he wouldnt be able to do anything for me. I sure as hell don't need any criminal charges for stolen property. I'll cut my losses asap if need be, but I just want an easier way out & to have a damn toolbox. It's a classic 78 and for christ sakes it's already packed beyond all hell. I have no more space... A HF box will not fit all my tools.
Right now you have more issues them what box you're going to have or where to put your tools. This isn't a simple fix. Call snap on, first thing whenever you wake up. Then comply with anything they ask of the box. But also ask the Balance and if it's the tight number, ask if you can pay it off. Almost 100% chance they Will let you if that's the choice you make. Absolutely on doesn't need or want the box. They're in it to make money. Point blank
 

firebox40dash5

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Mar 19, 2012
Messages
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If your roomie's balance was $6,500, then if you return the box to Snap-on, it will not satisfy the loan, and will not get you anything on trade in. You are out the $1,000 and the rent money. There's really not much choice but to hand in the box and leave Snap-on to chase your roomie.

Assuming you have the cash to buy a another box, buy a nice used toolbox, and be done. If you don't have the cash, ask your Snap-on dealer to help you find a nice used box, that he can finance for you. Since you've done him a huge favor by helping him to repossess your roomie's box, there's a very good chance he will let you hang on to your roomie's box until he finds you a bigger used box to upgrade into.

At your age, you've got to resist the temptation to get too much into debt to the tool truck...try to keep that to the absolute minimum. Do not be tempted into selling your soul to get that massive Epiq.

If the balance is $6500 on a KRA, I'm sure plenty of that balance is the "stolen" tools. Snappy can't exactly try to extract the stolen tools from OP, and while they could try to apply the box's value against the roomie's overall balance, it's in their best interest to work with the OP, so they get something, rather than nothing.

My gut says to call the roomie's Snap On guy, and arrange to talk to him. I suspect one way or another, the grand cash and "rent money" are as good as gone, but best case you could try to talk the guy into making a good deal on the box, or giving some concession toward another, in exchange for freely helping them recover their assets. I'd have no hesitation ****ing over the roomie in the process, AFAIC he lost any respect when he decided that his tools getting jacked meant he should shaft the tool guy.
 
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kevinr92

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Mar 22, 2013
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He purchased a "master set".... *******.....So..... I will call snap on friday morning as I work from 7:30-6 tomorrow. I will tell them the situation. I figured they'd be reasonable people. His "tool guy" is the UTI snap on representative far as I know. So technically speaking he has fucked over snappy corporate credit. He hasn't worked in a shop to have a truck guy to deal with. He didn't get ALL of his tools stolen, but I'd appraise the stolen tools at $3000... he has a few sockets n ratchets here n there left. But mainly it's all gone. I can prove pretty much everything in the box marked snap on has been purchased by me, I have my purchase orders from snappy. And tbh I would prefer if i could not keep this box, upgrade into a KRL1023.. if that makes any difference. I don't need anything bigger but anything smaller, may not be enough. I honestly have my classic 78 filled up. I am a young tech, and I am not very experienced, but I figure it this way, if I can get a box big enough to last me the rest of my career now, why spend the money for a "middle" class box now, to have to upgrade once again later on? ya know? But whatever the case is, I just want to get this all straightened out asap.
 

redwrench60

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If this box in your posession or any tools are on a Snap-On credit account under someone else's name they won't disclose any details or discuss it with you. It's a contract between Snap-On Credit and the person who opened the line of credit. Think about it, would you want just anybody to be able to call your bank and discuss details of a loan you have?
 

firebox40dash5

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If this box in your posession or any tools are on a Snap-On credit account under someone else's name they won't disclose any details or discuss it with you. It's a contract between Snap-On Credit and the person who opened the line of credit. Think about it, would you want just anybody to be able to call your bank and discuss details of a loan you have?

Once it's defaulted on, they become far more willing to discuss it, especially with the guy who has the collateral, and is offering to help give them money. ;)

My advice though... if you're hard up enough to buy this box for a song without doing your homework, don't sign a fawking note on a 1023 anywhere near retail. :wtf: Jeeee-zus, I'd give you 6 months before you end up in your roomie's shoes, but with a bigger balance. You can find them in great shape for half MSRP or less. If you can't get a secured bank note on it, you probably don't need to be buying it. Just a few words from a guy with a decent set of tools in a box that holds them, who currently owes roughly $30 collectively to 2 tool guys.
 

RCStocker

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You baught a stole box. If someone does not pay for something and then sells it becomes stolen property.

I am not sure your post is on the up and up. My bet is tat the 2 of you are trying to save the box and not pay for it Weather it was planned that way or not that is what you are doing. As for the tools being stolen. It does not matter the baught them and he still needs to pay for them even if he does not have them Something tells me he might have the tools stashed somewhere and trying to get out of paying.

The poliece can take the box form you because your friend did not have the right to sell it just like a person can not sell a car if he does not have the title.

I don't know what you paid but the bottom line is that your frined needs to and must pay the credit line or file chapter 13. You are out the money if they take it and if you hide the box you will be in posesion of stolen property.

You loose either way and your friend is a looser!
 

CNGsaves

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KS and OK
Your only "better man" solution is to turn toolbox back into SnapOn. Any written documentation that you paid the $1K on the Snappy toolbox?? Get that cancelled check copy from the bank.

Also document all the amounts owed to you by deadbeat roommate. Rent agreement in writing?? Any emails. texts, or voicemails to document the agreement and what he owes you??

Gotta shutoff spigot of pouring money into roommate. Take your lumps.

Roommate needs to provide you written release to Snappy that he is giving up collateral . . . only then would Snappy "sell you" the box at some reduced amount (if at all).

Check out your small claims limit in your state (often just $5K . . . or some $3K) as this thug roommate maybe milking you beyond what even court can get back with a judgment. Time to clean house. Good luck.
 

blindbug

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Mar 5, 2013
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Louisville, KY
Your only "better man" solution is to turn toolbox back into SnapOn. Any written documentation that you paid the $1K on the Snappy toolbox?? Get that cancelled check copy from the bank.

Also document all the amounts owed to you by deadbeat roommate. Rent agreement in writing?? Any emails. texts, or voicemails to document the agreement and what he owes you??

Gotta shutoff spigot of pouring money into roommate. Take your lumps.

Roommate needs to provide you written release to Snappy that he is giving up collateral . . . only then would Snappy "sell you" the box at some reduced amount (if at all).

Check out your small claims limit in your state (often just $5K . . . or some $3K) as this thug roommate maybe milking you beyond what even court can get back with a judgment. Time to clean house. Good luck.

I was wondering when someone was going to say it. TAKE THE ROOMMATE TO COURT. Talk to him, and tell him that you want your money back AND the rent money as well (put it in writing or in texts so you have evidence of doing so). DO NOT make it like blackmail, but make sure he knows that you WILL be forced to take him to court if he refuses to pay.

When you go to court, bring:
• The Snap-On rep (or a written statement from him) as a witness, to vouch that the box was not paid for at the time the roommate sold it to you, and was thus sold to you as stolen property.
• Bring the cancelled check, or bank statement showing you took $XXXX out of the bank account to pay him for the box.
• Bring the rental agreement and how many months late he is on rent, and don't laugh too loud when he can't produce the cancelled checks where he 'paid' you.
• Bring the emails and/or screenshots of your texts asking him to pay you back for selling you something he didn't own.
• Do claim 'lost wages' if you want, but know that you will not get this piece of your claim.
• Do put on a button-up and slacks, but don't wear a 3-piece suit.

You will win your suit if you have all of these things. You are going to be out the $1000 + the box at the current rate, so you better get ready to take this turd to court now rather than scrambling about it later.

Sometimes you just have to ford the river while the bridge burns.
 
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cvcman

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I was wondering when someone was going to say it. TAKE THE ROOMMATE TO COURT. Talk to him, and tell him that you want your money back AND the rent money as well (put it in writing or in texts so you have evidence of doing so). DO NOT make it like blackmail, but make sure he knows that you WILL be forced to take him to court if he refuses to pay.

When you go to court, bring:
• The Snap-On rep (or a written statement from him) as a witness, to vouch that the box was not paid for at the time the roommate sold it to you, and was thus sold to you as stolen property.
• Bring the cancelled check, or bank statement showing you took $XXXX out of the bank account to pay him for the box.
• Bring the rental agreement and how many months late he is on rent, and don't laugh too loud when he can't produce the cancelled checks where he 'paid' you.
• Bring the emails and/or screenshots of your texts asking him to pay you back for selling you something he didn't own.
• Do claim 'lost wages' if you want, but know that you will not get this piece of your claim.
• Do put on a button-up and slacks, but don't wear a 3-piece suit.

You will win your suit if you have all of these things. You are going to be out the $1000 + the box at the current rate, so you better get ready to take this turd to court now rather than scrambling about it later.

Sometimes you just have to ford the river while the bridge burns.

Then the court decides the guy is guilty...then what...he probably has NO money...the court doesnt collect money...then you have to PAY and hire a lawyer and try to collect...again IF he has no money you are up the **** creek in a chicken wire boat with no paddle !
 

blindbug

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Then the court decides the guy is guilty...then what...he probably has NO money...the court doesnt collect money...then you have to PAY and hire a lawyer and try to collect...again IF he has no money you are up the **** creek in a chicken wire boat with no paddle !

:dunno: I agree with you... I've had a court side in my favor but received no payout from the defendant. I think that the OP is SOL either way though, so he might as well get a verdict in his favor to pressure the guy even more to pay him back. Plus, in the event that the Roomie files for bankruptcy (although unlikely), if you have a winning suit against him, then you become a general creditor... without the winning suit, he can file for bankruptcy and OP gets nothing. Small claims court should not require a lawyer, at least not for something as cut-and-dry as the OP claims.

OP can cover himself to some extent, however, to the OP:
attachment.php
 

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cvcman

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:dunno: I agree with you... I've had a court side in my favor but received no payout from the defendant. I think that the OP is SOL either way though, so he might as well get a verdict in his favor to pressure the guy even more to pay him back. Plus, in the event that the Roomie files for bankruptcy (although unlikely), if you have a winning suit against him, then you become a general creditor... without the winning suit, he can file for bankruptcy and OP gets nothing. Small claims court should not require a lawyer, at least not for something as cut-and-dry as the OP claims.

OP can cover himself to some extent, however, to the OP:
attachment.php

yea he wnt get squat....id call the so guy that sold it and be honest and up front and ask him what you can do....tell him you dont want it repoed but you dont want to just loose your cash either
 

MN Falcon

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So I browse Craigslist for toolboxes all the time and see lots of Snap-on boxes. I just bought an older KR537A in December and just resold it because I really didn't have room for it.

After watching this thread for a couple days I wonder how a guy like me could ever know if the boxes for sale have money owed on them? And I guess that goes to just the whole idea of stolen. I see a lot of guys telling the OP to give back the box and look for a good used one for sale, that doesn't guarantee that the next box doesn't have money owed on it also. What are the recommendations for buyers, ask for bill of sale? Check Photo ID?

I am serious guys, what would you recommend for guys buying used boxes? I know its not going to protect you from losing the box / tools if something fishy turns up. But how can you protect yourself such that you can try to go after the seller if you do lose your box. As far as stolen goes, I really wish there was some sort of database of numbers that you could look at. Guess I would be pissed if I lost any of the used boxes I currently have, but I didn't spend too much on them.
 

cvcman

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So I browse Craigslist for toolboxes all the time and see lots of Snap-on boxes. I just bought an older KR537A in December and just resold it because I really didn't have room for it.

After watching this thread for a couple days I wonder how a guy like me could ever know if the boxes for sale have money owed on them? And I guess that goes to just the whole idea of stolen. I see a lot of guys telling the OP to give back the box and look for a good used one for sale, that doesn't guarantee that the next box doesn't have money owed on it also. What are the recommendations for buyers, ask for bill of sale? Check Photo ID?

I am serious guys, what would you recommend for guys buying used boxes? I know its not going to protect you from losing the box / tools if something fishy turns up. But how can you protect yourself such that you can try to go after the seller if you do lose your box. As far as stolen goes, I really wish there was some sort of database of numbers that you could look at. Guess I would be pissed if I lost any of the used boxes I currently have, but I didn't spend too much on them.

Its tough to know for sure...you can ask for a completed bill of sale...or get the ser # and call SO...otherwise you are taking a chance..I bought one that a guy won A krl722 it was still on SO's truck....1700.00 cashola
 

BC1

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You guys are all wrong. It's unsecured credit, they can't repo squat. If you bought the box from the truck it's a different deal. The cops will not get involved in your case ever. Let's say I bought a tool box at sears using a sears visa. Then I don't ever pay on it. They will NOT ever come after the product, they'll send it to collections and ruin your credit. Keep the box, it's no one's business where it came from (if it's not stolen, which it's not). Who is to say that whatever payments made on the overall account wouldn't have already paid for the box and the remaining balance is tools (which aren't serialized).
 

neophyte

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Apr 23, 2012
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So I browse Craigslist for toolboxes all the time and see lots of Snap-on boxes. I just bought an older KR537A in December and just resold it because I really didn't have room for it.

After watching this thread for a couple days I wonder how a guy like me could ever know if the boxes for sale have money owed on them? And I guess that goes to just the whole idea of stolen. I see a lot of guys telling the OP to give back the box and look for a good used one for sale, that doesn't guarantee that the next box doesn't have money owed on it also. What are the recommendations for buyers, ask for bill of sale? Check Photo ID?

I am serious guys, what would you recommend for guys buying used boxes? I know its not going to protect you from losing the box / tools if something fishy turns up. But how can you protect yourself such that you can try to go after the seller if you do lose your box. As far as stolen goes, I really wish there was some sort of database of numbers that you could look at. Guess I would be pissed if I lost any of the used boxes I currently have, but I didn't spend too much on them.

There's already another thread on GarageJournal concerning this issue. It was started specifically because of this thread. Used box concerns? http://www.garagejournal.com/forum/showthread.php?t=197882 other than checking with Snap-On, you could try doing a check on this website, http://www.tracechecker.com/ I don't know if their database is actually as large as the website states though.
 

mtwaterguy

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Nov 16, 2007
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You guys are all wrong. It's unsecured credit, they can't repo squat. If you bought the box from the truck it's a different deal. The cops will not get involved in your case ever. Let's say I bought a tool box at sears using a sears visa. Then I don't ever pay on it. They will NOT ever come after the product, they'll send it to collections and ruin your credit. Keep the box, it's no one's business where it came from (if it's not stolen, which it's not). Who is to say that whatever payments made on the overall account wouldn't have already paid for the box and the remaining balance is tools (which aren't serialized).

The difference is that your sears purchase is on a revolving credit card purchase, the tool box purchase is an equipment purchase with the box as collateral. Two different types of transactions.
 

cvcman

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Syracuse NY
You guys are all wrong. It's unsecured credit, they can't repo squat. If you bought the box from the truck it's a different deal. The cops will not get involved in your case ever. Let's say I bought a tool box at sears using a sears visa. Then I don't ever pay on it. They will NOT ever come after the product, they'll send it to collections and ruin your credit. Keep the box, it's no one's business where it came from (if it's not stolen, which it's not). Who is to say that whatever payments made on the overall account wouldn't have already paid for the box and the remaining balance is tools (which aren't serialized).

Sorry guy but you are DEAD WRONG...They can and will and have repo'd boxes for this very reason,,,,check your facts before posting...I have a neighbor that is a Matco dealer and he has one this more than once and they have EVERY right to do it...read the contract you sign
 

SteveCh

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I'm liking the small claims court if the state in question has one. No lawyer needed or allowed. Maybe even get someone from SnapOn to go in on it with the OP.

At least, then, there will be a legal judgment on record.
 

cvcman

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I just stopped up to talk to Matco Mike..he has a 3 bay yellow repod box on his truck right now...they guy was more than 5 weeks behind in payment...he quit the job sold the box to his buddy....Matco Mike saw the box at the dealership,,,,showed the guy the contract...the guy had removed the label but what he didnt know is there is more than one place where the ser # is....
The guy was being a **** and didnt want to make any deal...it was his and he was keeping...
Enter the State Police...Matco Mike has the box on his truck tonight...
 

Strouty

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I just stopped up to talk to Matco Mike..he has a 3 bay yellow repod box on his truck right now...they guy was more than 5 weeks behind in payment...he quit the job sold the box to his buddy....Matco Mike saw the box at the dealership,,,,showed the guy the contract...the guy had removed the label but what he didnt know is there is more than one place where the ser # is....
The guy was being a **** and didnt want to make any deal...it was his and he was keeping...
Enter the State Police...Matco Mike has the box on his truck tonight...

EXACTLY what will happen if they want to. Sounds like the box won't make a dent in the balance owed, so it will just go towards the balance. They may make a deal with you, but if you all ready laid out $1000 and traded rent due ($$$) then you are just plain screwed. This is going to be a school of hard knocks lesson.
 

jebutler

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This isn't a criminal issue only civil. The box isn't stolen and can not be reported stolen unless the room mate does it. Snap On can not because they willing gave the box to the guy. They can put a lien on it and/or try and recover it. They will more than likely turn it over to collections. But, as far as stolen property goes, nope. Just because it might be considered unethical doesn't make it illegal. As far as criminal issues go the O.P. has nothing to worry about. The poor kid probably thinks he's going to jail after reading some of the post here but, he has nothing to worry about.
 

redwrench60

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Anybody posting here actually read a Snap-On credit agreement for a toolbox? It's property of Snap-On untill it's paid for. No, they're not going to call in an airstrike for having a toolbox with an unpaid balance but........they can and will repo it if they find it.
When a SO dealer writes a credit agreement with a customer and that customer defaults the dealer will repo the box if he can. If the customer skips town or disappears with the box the dealer reports it to SO as delinquent and he (the dealer) gets hung with 25% of the account balance which is his incentive to locate and repo the box if he can. None of you will like it but in some cases he can even take tools that weren't on the credit agreement (ie the customer's tools) and sell them at market value to recover the entire balance of the debt.
 

cvcman

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this isn't a criminal issue only civil. The box isn't stolen and can not be reported stolen unless the room mate does it. Snap on can not because they willing gave the box to the guy. They can put a lien on it and/or try and recover it. They will more than likely turn it over to collections. But, as far as stolen property goes, nope. Just because it might be considered unethical doesn't make it illegal. As far as criminal issues go the o.p. Has nothing to worry about. The poor kid probably thinks he's going to jail after reading some of the post here but, he has nothing to worry about.

wrong
 

Cryptic1911

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I think your best option in this mess is to just shut your mouth about the whole situation, and just keep using the box as it is. Otherwise you might lose the money and the box
 

pepi

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Ok fellas. Y'all are some conspiracy loving people. The first post was about a tool set I had tecieved from snappy thru UTIs student voucher. Which entitles a student to $1000 worth of tools for free. (Paid by tuition fees that are hidden). And I had no previous knowledge of him owing on the box till after I purchased it. He had a job n paid his bills as far as I knew. But he bullshitted me the entire time. Now im screwed. I suppose the only thing I can do is take it up with him n try n get my money back far as what im reading here. Fml. He sold to me under student list price n I was green thinking its a good deal needing a box... but I suppose we have to learn from our mistakes. I am 20 & I work for a ford dealer btw. So y'all stop thinking im some crazy mofo. I make a crappy paycheck but it does cover my bills.

I think this, just keep the box they will be looking for him to pay, you will eat what you laid out, take it home use it for personal stuff. Buy the bigger box straight up without a trade problem solved.

I just hope the Snap on guy is unaware you have this thing or at least he is unsure of a serial number. Remember the clown that had this in the first place has his name attached to it.

When they ask him where their stuff is, he will say tools were stolen and I sold the box. Then they will ask show us the police report and a bill of sale for the box............. Bet he has neither.

That's the way small claims court works , no proof no story... good luck and remember for the future : "if a deal is to good to be true it ani't a deal"

Consider this a lesson learned, happy wrenching for the future...
 

warmpancakes

Well-known member
Joined
Mar 12, 2010
Messages
8,097
Location
4th letter of the alphabet
cops wont get involved this is a civil mater not a criminal matter they only way snap on can come and TAKE the box is with a court order, and they will only get the box,
(michigan law)

I have a great friend who is the repo man and I help him alot, the law is very clear what we can and cannot do to reaquire items. If the toolbox was in a shop we would need permission of the property owner (ie the building) to go get the box if the debtor says we couldnt take it were outta luck,
But its also very easy for us to get a judge to sign a order of surrender.
If the box was on a truck account then its even harder to recover.
Yes hes done repo jobs for several tool truck guys in the state, Usually its problem free because the shop owner gives permission to enter locks are drilled contentes are emptied and box is taken. (90% of the times the tech is a past employee)

there are many laws covering reposession and 90% are broken when recovering an item and if people knew the rules alot of repo men would get in alot of trouble
 

Boiler

Well-known member
Joined
Nov 20, 2009
Messages
1,967
Location
Indiana
I think your best option in this mess is to just shut your mouth about the whole situation, and just keep using the box as it is. Otherwise you might lose the money and the box

Nice lesson. Its ok to steal or accept stolen goods as long as it helps your wallet.

Though he may be completely innocent, at least misguided, he is having dealings that are starting to encroach into the fraud / receiving stolen goods realm. I know people that will defraud anyone if it makes them a few bucks. Don't become that guy.

Take your tools out of the box to be safe, and get your roommate to agree to buy it back (even over time if need be) or call Snap-On. Get it out of your hands asap.
 
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