ProPublica and the Connecticut Mirror published a data analysis of 6,000 forms that Connecticut towing companies submitted to sell vehicles showing companies regularly listed low values, with about 90 percent of the cars one company tried to sell valued at exactly $1,500, the DMV's cutoff to begin the 15-day sale process, according to ProPublica. The DMV's own internal report also documented a company that received deep discounts on towed cars after cutting DMV lines.
Operator takeaway
Valuation patterns are evidence. If your company tows in any state with an auction valuation cutoff, your own internal valuation distribution is now a forensic record.