Peoria, Illinois towing operators told city council that a proposed increase from $175 to $185 per tow is inadequate, with operator Donnie Stanton noting that a new flatbed that cost $105,000 in 2020 now costs $178,000 to replace, according to WCBU. Bruce Pedigo of Joe's Towing called the proposal a slap in the face, and council members debated a two-tier fee system but took no final action.
Operator takeaway
If your city has not updated tow fees since 2020, bring your equipment cost receipts to the next council meeting — a flatbed that cost $105K five years ago now costs $178K, and your fee schedule should reflect that.